Tenaris S.A. announced that its controlling shareholders have filed an amendment to their Schedule 13D with the SEC, authorizing the sale of a number of ordinary shares in response to the company’s share repurchase program. The shareholders aim to maintain ownership above 67% of total outstanding shares, with sales dependent on market conditions. Tenaris is a global supplier of steel tubes for the energy industry. Forward-looking statements caution of risks related to oil and gas prices impacting investment programs. For more information, contact Giovanni Sardagna at 1-888-300-5432 or visit www.tenaris.com.

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