Edited Press Release

STOCKHOLM -(Dow Jones)- SSAB Wednesday announced the addition of two new members to its Group Management.

John Tulloch will become Executive Vice President IPSCO Division and a member of Group Management.

John Tulloch has worked at IPSCO (NYSE:IPS) since 1977. Most recently, he served as Executive Vice President and head of the steel operations, as well as head of marketing and sales.

Martin Pei has been appointed as the new Chief Technical Officer. He was previously head of slab production at Oxelosund.

As previously announced, Helena Stålnert will take up the position of new Executive Vice President Communications on September 1.

Also as previously announced, Karl Gustav Ramström will take up the position of Executive Vice President Heavy Plate Division not later than January 1, 2008.

Following the appointments, SSAB's (Stockholm:SSAB-A) Group Management consists of the following persons and positions:

Olof Faxander, President and Chief Executive Officer

Goran Carlsson, Executive Vice President Strip Division

Ola Hagglund, Executive Vice President Heavy Plate Division

Karl Gustav Ramström, Executive Vice President Heavy Plate Division ( commencing Jan. 1, 2008)

John Tulloch, Executive Vice President IPSCO Division

Jonas Bergstrand, General Counsel

Martin Lindqvist, Chief Financial Officer

Martin Pei, Chief Technical Officer

Helena Stalnert, Executive Vice President Communications, (commencing Sept. 1, 2007)

Anna Vikstrom Persson, Executive Vice President Human Resources

SSAB (Stockholm:SSAB-A) also welcomes Tim Wensits, to the SSAB Group who will be the new Vice President and Chief Information Officer. Previously CIO at IPSCO (NYSE:IPS) , he will report to the head of the IPSCO (NYSE:IPS) division.

    (END) Dow Jones Newswires   07-19-07 0113   Copyright (c) 2007 Dow Jones & Company, Inc.