Boulogne-Billancourt, 20 March 2008 - Vallourec, world leader in the production of seamless steel tubes, announces that Mr Marco Antônio Castello Branco, member of the Management Board, Chairman of the Hot-Rolled Tubes Division and Chairman of V & M do BRASIL SA, is soon to leave the Group. Mr Branco’s departure is prompted by a desire for a career change and a return to Brazil.
Vallourec states that Mr Marco Antônio Castello Branco’s mandate as Member of the
Management Board will expire on 4 June 2008 – the date of the Annual General Meeting. The
Group is in the process of seeking replacements internally for the positions he holds.