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Maverick Tube Corporation to Begin Trading on the New York Stock Exchange.

ST. LOUIS, Aug. 16 /PRNewswire/ --

Maverick Tube Corporation (Nasdaq: MAVK) announced that its common stock has been authorized for listing on the New York Stock Exchange. It is expected that Maverick's common stock will begin trading on the New York Stock Exchange under the ticker symbol MVK effective with the opening of trading on September 25, 2000.

Maverick's stock is currently traded on the Nasdaq National Market under the ticker symbol MAVK. Maverick's shares will cease trading on the Nasdaq National Market concurrently with the commencement of trading on the New York Stock Exchange.

The listing requirements of the New York Stock Exchange require that Maverick disclose that additional information is available upon which the New York Stock Exchange relied to list the Company, and is included in Maverick's listing application. Such information is available to the public upon request.

Maverick Tube Corporation is a St. Louis, Missouri, based manufacturer of tubular products used in the energy industry in drilling, production and surface transportation applications as well as industrial tubing products (HSS, standard pipe and cold drawn tubing) used in various industrial applications. This news release contains forward-looking information with respect to Maverick's operations and beliefs. Actual results may differ from these forward-looking statements due to numerous factors, including those discussed in Exhibit 99.1 to Maverick's Form 10-K for its fiscal year ended September 30, 1999.
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Publication:PR Newswire
Date:Aug 16, 2000
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