Tenaris S.A.

Major Shareholding Notification • Jun 10, 2016

Informazione Regolamentata n. 0602-12-2016		Data/Ora Ricezione 10 Giugno 2016 06:10:15	MTA
Societa'	:	TENARIS
Identificativo Informazione Regolamentata	:	75470
Nome utilizzatore	:	TENARISN02 - Sardagna
Tipologia	:	AVVI 16
Data/Ora Ricezione	:	10 Giugno 2016 06:10:15
Data/Ora Inizio Diffusione presunta	:	10 Giugno 2016 06:25:16
Oggetto	:	Tenaris subscribes to additional shares in Usiminas capital increase
Testo del comunicato

Vedi allegato.

Giovanni Sardagna Tenaris 1-888-300-5432 www.tenaris.com

Tenaris subscribes to additional shares in Usiminas capital increase

Luxembourg, June 9, 2016 – Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today, in connection with the previously-announced issuance of 200 million ordinary shares of Usinas Siderúrgicas de Minas Gerais – Usiminas at BRL 5.0 per share, that all entities within the Ternium/Tenaris Group (including TenarisConfab) have exercised their rights to subscribe to their corresponding portion of the shares left unsubscribed in the initial subscription round.

Today, TenarisConfab subscribed to 4.2 million ordinary shares for a total amount of BRL 20.9 million (approximately USD 6.2 million), and also indicated its willingness to subscribe to ordinary shares that remain unsubscribed following the completion of this second subscription round (if any).

Taking into consideration the ordinary shares subscribed to in the first round on May 23, 2016, TenarisConfab subscribed to 9.3 million ordinary shares for a total amount of BRL 46.2 million (approximately USD 13.4 million).

Some of the statements contained in this press release are "forward-looking statements". Forwardlooking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements.

Tenaris is a leading global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.