EXHIBIT 1 --------- [GRAPHIC OMITTED] [LOGO - IPSCO] NEWS RELEASE FOR IMMEDIATE RELEASE IPSCO LABOUR AGREEMENT RATIFIED [REGINA, SASKATCHEWAN] 9 December 2002 -- IPSCO Inc. (NYSE/TSX: IPS) announced today that local unions representing United Steel...Collective Agreement • December 10th, 2002 • Ipsco Inc • Steel works, blast furnaces & rolling mills (coke ovens)
[REGINA, SASKATCHEWAN] 9 December 2002 -- IPSCO Inc. (NYSE/TSX: IPS) announced today that local unions representing United Steel Workers of America (USWA) members at its Regina and Calgary steel and pipe making operations have ratified a collective agreement expiring on July 31,2006.
