MVK

January 04, 2005 20:16 ET

Maverick Tube Corporation Announces the Election of Gerald Hage as Director


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MAVERICK TUBE CORPORATION

NYSE SYMBOL: MVK

JANUARY 4, 2005 - 20:16 ET

Maverick Tube Corporation Announces the Election of
Gerald Hage as Director

ST. LOUIS--(CCNMatthews - Jan 4, 2005) -

Maverick Tube Corporation (NYSE:MVK) announced today that its Board of
Directors has elected Gerald Hage as a Director. Mr. Hage, 57, is an
experienced business leader and entrepreneur in the oil services
industry. In addition to serving in a number of managerial capacities
with Baker-Hughes Incorporated, including President of Baker Oil Tools,
Mr. Hage has successfully founded, operated and sold two oil service
companies over the past fifteen years. He has a B.S. in Industrial
Engineering from Northern Illinois University and a M.S. in Management
from Lake Forest College.

According to C. Robert Bunch, the Company's Chairman and Chief Executive
Officer, "We are delighted that Gerald Hage has agreed to join Maverick
as a director." Mr. Bunch continued, "Gerald brings manufacturing
expertise, an intimate knowledge of the oil service industry, and the
kind of entrepreneurial vigor and drive we so highly value at Maverick.
We look forward to his contributions as an active member of the Maverick
team."

Maverick Tube Corporation is a St. Louis, Missouri, based manufacturer
of tubular products used in the energy industry for drilling,
production, well servicing and line pipe applications, as well as
industrial tubing products (HSS, electrical conduit and standard pipe)
used in various applications.

This news release contains forward-looking information that is based on
assumptions that are subject to numerous business risks, many of which
are beyond the control of the Company. There is no assurance that such
assumptions will prove to be accurate. Actual results may differ from
these forward-looking statements due to numerous factors, including
those described under "Risk Factors" and elsewhere in Maverick's Form
10-K for its year ended December 31, 2003.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Maverick Tube Corporation, St. Louis
    Rick Preckel, 636-733-1600