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STU CONFIRMS GUIDANCE/RESULTS TO BE ANNOUNCED 23 AUGUST 2019 Results in Line with Guidance Steel & Tube Holdings Limited (NZX: STU) confirms that its FY19 results are expected to be in line with the guidance issued in May 2019, of FY19 EBIT between $15.5m to $17.5m. Market share and volume gains have led to an increase in revenue, disciplined cost management has seen operating costs reduce and the company has a strong balance sheet, with net debt reduced to $15m. FY19 Results Investor and Analyst Conference Call Steel & Tube intends to announce its results for the twelve months ended 30 June 2019 (FY19) on Friday 23 August 2019, prior to 9am NZST. This will be followed by an analyst and investor conference call at 10.00am NZST to review the FY19 results and discuss the Company's performance. Conference call and results presentation details are set out in the attached release. If you have any queries regarding the results announcement or the conference call, please contact Jackie Ellis on jackie@ellisandco.co.nz or phone +64 27 246 2505. ENDS For further information please contact: Greg Smith Steel & Tube CFO Tel: +64 21 755 803 Email: greg.smith@steelandtube.co.nz Jackie Ellis Media and communications Tel: +64 27 246 2505 Email: jackie@ellisandco.co.nz End CA:00338334 For:STU Type:MKTUPDTE Time:2019-07-31 08:30:08