Tenaris SA at its Annual General Meeting held on May 2, 2013, approved the payment of a dividend for the year ended December 31, 2012, of USD 0.43 per share (or USD 0.86 per ADS), or approximately USD 507.6 million. The company will pay the balance of the annual dividend in the amount of USD 0.30 per share (USD 0.60 per ADS) on May 23, 2013, with an ex-dividend date of May 20, 2013.

Tenaris SA reported consolidated unaudited earnings results for first quarter ended March 31, 2013. For the quarter, the company reported net sales of $2,378.305 million compared with $2,617.349 million for the same period last year. Operating income was $553.585 million compared with $566.201 million for the same period last year. Income before income tax was $556.573 million compared with $448.229 million for the same period last year. Income for the period attributable to owners of the parent was $424.777 million compared with $438.641 million for the same period last year. Capital expenditures were $183.885 million compared with $196.395 million for the same period last year. Earnings per ADS were $0.72 compared with $0.74 for the same period last year. Earnings per share were $0.36 compared with $0.37 for the same period last year. During the first quarter, cash provided by operating activities was $563 million allowing the company to move from a net debt of $271 million at the end of last year to a net cash position of $121 million at the end of this quarter. EBITDA for the quarter reached $699 million, which was marginally below the EBITDA the company recorded during the corresponding quarter of the previous year and the last quarter of 2012. The company expects its investment level to be in the range of $758 million per year in the coming year. In 2013 the company expects its margin to be more or less in line with what the company has on day.

Tenaris SA Presents at 12th Annual Oil & Gas 1-1 Investor Forum, Apr-15-2013 . Venue: The Grove, Chandler's Cross, Rickmansworth WD3 4TG, Herefordshire, United Kingdom.