Phillips Awarded Gary Memorial Medal

Lisle, Illinois, 5 June 2002 - IPSCO Inc. (NYSE/TSE:IPS), is pleased to advise that the 2002 Gary Memorial Medal was awarded to Roger Phillips, retired President and Chief Executive Officer, IPSCO Inc. by the American Iron and Steel Institute at its Annual Meeting held in Chicago May 21-23.

The Medal was bestowed upon Phillips in recognition of his extraordinary achievements and leadership in advancing the interests of the North American steel industry, his dedication to strengthening and unifying the voice of the steel industry on public policy issues, and his counsel to the Institute.

Phillips was the President and Chief Executive Officer of IPSCO from 1982 to 2002. During that time he oversaw considerable growth within IPSCO, as it became a bi-national steel company with steel mills, pipe mills and coil processing facilities in both the United States and Canada. Together with this growth in the company Phillips took on an ever-increasing role in industry issues, which culminated in the presentation of the Gary Memorial Medal and the thanks of his industry peers.

As noted by John Mayberry, Chairman of the AISI, "Others, myself included, see him as a visionary, passionate, inspired, focused on results, and very caring and supportive of his people." Mayberry stated, "Throughout his career our award winner has been extremely involved in public policy and trade policy in both Canada and the United Sates. He can have strong opinions at times, and he expresses them, but he supports the process of public debate, always with a focus on improvement." 

The Gary Memorial Medal, established in 1927, is awarded annually by The American Iron and Steel Institute. The medal is bestowed in recognition of an especially distinguished career and extraordinary service to the steel industry. The medal is named for Judge Elbert H. Gary, Founder and first President of AISI and chairman of United States Steel Corporation.

Company Contact: 
Vanese Marchessault
Communications Assistant
Tel. 306-924-7475
Release 02-18

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