Edgen Group Announces Pricing of $540.0 Million of Edgen Murray Corporation's Senior Secured Notes

Edgen Group Inc. (“Edgen”)

today announced that its indirect subsidiary, Edgen Murray Corporation (“EMC”) has priced its offering of $540 million aggregate principal amount of its 8.750% Senior Secured Notes due 2020 (the “Notes”) in a private offering. The Notes will be issued at 99.285% of face value and will mature on November 1, 2020. The offering is expected to close on October 16, 2012, subject to satisfaction of customary closing conditions.