0001104659-07-013713 Sample Contracts

SHAREHOLDER RIGHTS AGREEMENT Dated February 23, 2007 between IPSCO INC. and COMPUTERSHARE TRUST COMPANY OF CANADA as Rights Agent

Shareholder Rights Agreement • February 26th, 2007 • Ipsco Inc • Steel works, blast furnaces & rolling mills (coke ovens) • Saskatchewan

• Contract Type
  Shareholder Rights Agreement
• Filed
  February 26th, 2007
• Company
  Ipsco Inc
• Industry
  Steel works, blast furnaces & rolling mills (coke ovens)
• Jurisdiction
  Saskatchewan

WHEREAS the Board of Directors of the Company has determined that it is advisable to adopt a shareholder rights agreement (the “Agreement”) to replace the shareholder rights agreement of the Company dated as of March 14, 1990, as amended and restated as of April 20, 1995, April 24, 1998, May 2, 2001 and April 29, 2004 which expires upon the termination of the annual meeting of shareholders of the Company in 2007;