 * * * Exhibit 99.1 ************ * * * * * |
 1 This presentation is based on management’s current beliefs and assumptions, which in turn are based on currently available information. We remind you that there are risks and other uncertainties that could impact our future operating results and financial condition and cause our actual results to materially differ from any forward-looking statements. Our SEC filings contain information on risk factors, uncertainties and assumptions that could cause actual results to differ materially from our current expectations. Special Notice Regarding Forward-Looking Statements |
 2 Introductions-Today’s Presenters Dan O’Leary – President and CEO David Laxton – Executive Vice President and CFO |
 3 Business Overview * * * |
 4 Edgen Murray Overview Industrial Distributor: Specialty steel products for the oil and gas, power, process, petrochemical, and civil construction markets 25+ Year Track Record: Formed through the merger of Edgen Corporation and U.K. based Murray International Metals in 2005 Founded in 1983, Edgen Corporation was a supplier of premium carbon and alloy steel products in the Western Hemisphere Founded in 1976, Murray International Metals provided premium steel products to clients in Europe, Middle East and Asia Global Operations: Managed through two segments Western Hemisphere (Americas) and Eastern Hemisphere (Europe/West Africa, Asia/Pacific, and the Middle East) Over 14,000 SKU’s: Including highly-engineered prime carbon or alloy steel pipe, pipe components, valves and high-grade structural sections and plate Over 2,000 Customers in 50 Countries: Oil and gas: upstream (exploration and production), midstream (gathering, pipeline and storage) and downstream (refineries and processing) Petrochemical and power (hydrocarbon, nuclear and renewable) Other: engineering, procurement, construction and civil Diversified Revenue Base: Both project and MRO revenues MRO orders typically account for 30% to 50% of our sales World Class Facilities and Technology Platform All of our locations are either certified to ISO 9001:2000 or ISO 9001:2008 1H2010 Sales by End Market 1H2010 Sales by Segment 1H2010 Sales by Order Type (1) |
 5 Global Distribution Network Edgen Murray’s solution-driven approach meets customers’ needs on a global basis UK 3 Sales Offices 2 Distribution Centers (in 4 locations) Azerbaijan Stocking Facility Dubai, U.A.E. Office / Distribution Center Singapore Office / Distribution Center Australia Sales Office US Corp. Headquarters 12 Sales Offices 13 Distribution Centers (in 15 locations) Canada 2 Sales Offices 2 Distribution Centers (in 3 locations) Saudi Arabia Sales Office Shanghai Sales Office Malaysia Sales Office India Sales Office Brazil Sales Office France Sales Office |
     6 End Market Exposure Offshore rigs Production facilities Compression Gathering Processing LNG Transmission Storage Gas Distribution Refining Petrochemical Mining Upstream Midstream Downstream / Process Other Infrastructure Power Generation Fossil Nuclear Renewables Civil Infrastructure |
 7 Specialized Product Portfolio Edgen Murray is a single source for specialty carbon and alloy pipe, plate, components, sections, and valves Plate Sections Seamless Pipe Welded Pipe Full range Carbon & Alloy Fittings Flanges Full range of thicknesses & process treatments Universal Beam / Column Parallel Flange Channels Rolled Steel Angle Flat / Round / Square Bar Hollow Sections Full range of diameters and gauges Full range of diameters and gauges Valves Specialty range including ball, check, plug, butterfly and needle Components |
 8 Unique Distribution Model High volume network End-to-end inventory management Vendors Value-Add Customers Value-Add Edgen Murray creates substantial value for both vendors and customers Provide global market access Sales and marketing support for specialty products Consistent, high- volume purchaser of specialty products Reduced investment in working capital Customer risk management Broad product catalogue Volume purchasing power Capable of supplying large volume projects and MRO requirements Ability to provide global logistical support and procurement services Sales force offers technical expertise and consultation |
 9 Diversified, Global, Blue-Chip Customer Base Over 20 customers in 50 countries Longstanding relationships FY 2009 Top ten customers account for 26% of consolidated sales; six months ended June 2010: 32% Recognized leaders in their respective industries Large and well capitalized Customers are driving spending decisions Customers participate in energy, industrial and civil sectors Strong mix of MRO and project orders Selected Customers Major / National Oils Engineering/ Construction Power Generation Midstream Refining/Petro Mining |
 10 Long-Term MRO Relationships… MRO relationships provide increased base level performance during the business cycle troughs Diversity and depth of inventory along with strategic location of distribution facilities enable us to meet customer demand for expedited delivery Supply agreements with customers create predictable demand for certain products at normal margins while allowing for profit opportunities on ancillary products and services Integrated computer systems allow for high volume order turns, accurate order fulfillment and on-time performance 1H2010 MRO sales accounted for approximately 40% of our sales |
 11 …With Global Project Experience We believe we are a critical supplier to clients operating in remote, challenging regions Projects led by large, creditworthy sponsors Complex projects in terms of size, scale and logistics Provides significant potential for recurring revenue stream through MRO opportunities Shell and Qatar Petroleum Pearl GTL Kinder Morgan Mid-Continent Express Motiva Crude Expansion Intercostal Harvey Canal Hurricane Protection Ras Gas Barzan Enbridge Southern Lights Conoco Phillips Wood River Expansion Gulf Intercostal Waterway Agip KCO (ENI subsidiary) Kashagan Field Enbridge Alberta Clipper Dow Hemlock Expansion Koniambo Nickel Project Total Usan Field Energy Transfer Tiger, Haynesville and Fayetteville Express Pipelines Exxon Baytown Cat Feed Expansion Alcan Grove Alumina Project Sakhalin Energy Investment Company Sakhalin II Bechtel Transcanada Pipeline PDVSA Refining, Morichal and Punta de Mata Olmsted Lock and Dam Woodside Pluto Field Southern Union Florida Gas Phase 8 Origin Energy New Zealand Kupe Gas Plant Nooter/Eriksen HRSG Chevron Platong Gas 2 EXCO Barnett Shale Shell Argentina Proyecto Reactivacion Del Coker Prairie State Energy Campus Shell Peregrino Regency Gas Barnett Shale ANCAP Argentina Expansion Southwestern Electric Combined Cycle Plant Selected Projects |
 12 World Class Facilities Supported by Advanced Information Technology Platform Edgen Murray maintains state of the art stocking and distribution facilities in the U.S., Europe, Asia and the Middle East All facilities are ISO certified and enable the Company to keep inventory in close proximity to its customers The Company operates on an advanced Oracle IT platform and product RFID system In the process of fully integrating IT system between operations in the Western and Eastern Hemispheres to allow more efficient access across the organization Systems allow close coordination of management and reporting Edgen Murray Stocking and Distribution Facilities |
 13 Management has a proven track record of success in the industry Many years of industry experience Experience across upstream and downstream end markets, as well as in the manufacturing of the products the Company distributes Extensive global experience with senior managers located in key markets around the world Management team owns approximately 26% of the Company (on a fully diluted basis) Capital markets proven Experienced Management Team |
 14 Our Corporate Strategy Market: Increase the size of our addressable market and our overall market presence Assets: Leverage our investment in people, locations, inventory and systems Supply: Optimize our vendor relationships, purchasing and inventory levels Financial: Manage working capital to maximize cash flow from operations through prudent credit analysis and aggressive inventory control Leverage our sales growth through selling, general and administrative expense controls Target a balanced revenue contribution from Eastern and Western Hemispheres Maintain a revenue stream balanced between project business and recurring MRO business New Opportunities: Pursue global expansion, emerging segments, strategic investments, specialty product additions and opportunistic acquisitions Eastern Hemisphere: Actively farm expanded footprint and expand alloy product sales Western Hemisphere: Market penetration in civil construction and nuclear power generation Service: Vigilant client coverage in an effort to capitalize on deferred maintenance requirements and project spending pick-up |
 15 Financial Overview * * * |
 16 Historical Summary Operating Performance Cash $918 $1,266 $773 $280 2007 2008 2009 1H-2010 $ millions Total Revenue Total Availability Under the ABL Revolver $ millions $ millions |
 17 Challenging Market Conditions… Generally sluggish worldwide economic recovery Uncertainty regarding future demand for oil and natural gas and impact on prices Difficult project finance environment Excess competitor inventories Extreme price competition |
 18 …But We Believe the Following are Attractive Long-Term Market Dynamics Increasing global demand for crude oil and natural gas driven by population growth and economic modernization Conventional producing regions confronting rising depletion rates and geopolitical instability Producers making significant capital investments in new / remote sources of supply Unconventional natural gas and oil resources Off-shore / deepwater oil Unlocking trapped / remote gas resources New production infrastructure, transmission solutions and processing capacity required Global investment in power generation capacity EIA estimates global electricity generation will increase over 75% by 2030 vs. 2006 Demand for renewable projects and alternative energy resources continues to increase Growth in civil construction and infrastructure projects Aging infrastructure and massive stimulus packages will spur global spend |
 19 We believe we are well positioned to capitalize on market stabilization in 2010 and growth beyond Global Distribution Network Diversified, Blue Chip Customer Base End Market Exposure Unique Distribution Model Highly Specialized Product Portfolio Long-Term MRO Relationships Global Project Experience Liquidity Through the Cycle Attractive Market Dynamics Experienced Management Team Strong Shareholder Support |
 20 Plant Tour * * * * * * * |
 Houston, Texas 21 |
 Houston, Texas 22 |
 Houston, Texas 23 |
 Houston, Texas 24 |
 Houston, Texas 25 |
 Edinburgh, Scotland 26 |
 Edinburgh, Scotland 27 |
 Edinburgh, Scotland 28 |
 Dubai, U.A.E. 29 |
 Dubai, U.A.E. 30 |
 Singapore 31 |
 Singapore 32 |
 Singapore 33 |