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IPSCO Inc. Announces Dividend

15 December 1998

IPSCO Inc. Announces Dividend

    REGINA, Saskatchewan--Dec. 14, 1998--IPSCO Inc. (TSE:IPS) (ASE:IPS) has announced a cash dividend of $0.3513 (Canadian) per Cumulative Redeemable First Preferred Share, Series 1 payable Feb. 15, 1999 to shareholders of record as of Jan. 29, 1999.
    This news release contains forward-looking information with respect to IPSCO's operations and beliefs. Actual results may differ from these forward-looking statements due to numerous factors, including those discussed in IPSCO's 1997 Annual Report for its fiscal year ended Dec. 31, 1997.