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IPSCO Announces Dividend

29 October 1999

IPSCO Announces Dividend

    REGINA, Saskatchewan--Oct. 29, 1999--(TSE:IPS.) IPSCO Inc. today announced a cash dividend on its common shares of $0.125 (Canadian) per share payable 31 December 1999 to shareholders of record as at 10 December 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 1998 Annual Report for its fiscal year ended December 31, 1998.