The Board of Directors of Friedman Industries, Incorporated (NYSE-MKT:
FRD), a Texas-based company engaged in pipe manufacturing, steel
processing and steel and pipe distribution, declared on November 30,
2012, a quarterly cash dividend of $0.13 per share on the Common Stock
of the Company. The Company will pay the cash dividend on February 15,
2013, to shareholders of record at the close of business on January 18,
For further information regarding this dividend, please contact Mr. Ben
Harper, Senior Vice President - Finance, at 713-672-9433.