Jun. 3, 2009 (Hugin AS) --

LUXEMBOURG--(Marketwire - June 03, 2009) - Tenaris S.A. (NYSE: TS)
(BAE: TS)(MXSE: TS)(MILAN: TEN), in its annual general
shareholders' meeting today, approved all resolutions on its agenda.

Among other resolutions adopted at the meeting, the shareholders
approved the consolidated financial statements and the report and
accounts of the Company for the year ended December 31, 2008, as well
as the payment of an annual dividend of US$0.43 per share (US$0.86
per ADS), or approximately US$507 million. The amount approved
includes the interim dividend previously paid in November 2008, in
the amount of US$0.13 per share (US$0.26 per ADS). Tenaris will pay
the balance of the annual dividend amounting to US$0.30 per share
(US$0.60 per ADS), or approximately US$354 million, on June 25, 2009
with an ex-dividend date of June 22, 2009.

The general shareholders' meeting approved the re-election of the
current members of the board of directors until the next annual
shareholders' meeting, which will be held in June 2010.

The board of directors subsequently confirmed Amadeo Vázquez y
Vázquez, Jaime Serra Puche and Roberto Monti as members of the
Company's audit committee, with Mr. Vázquez y Vázquez to continue as
chairman. All three members of the audit committee are independent
directors.

The company re-appointed PricewaterhouseCoopers as its independent
auditors for the 2009 fiscal year.

A summary of the resolutions adopted at the meeting can be downloaded
from Tenaris's website at www.tenaris.com/investors.

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

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


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