Faces Various 4,093 Asbestos Related Lawsuits --------------------------------------------- Published September 06, 2002 Ameron International Corp. is one of numerous defendants in various pending lawsuits involving 4,093 individuals or their representatives alleging personal injury from exposure to asbestos-containing products. None of such lawsuits specifies any dollar amount sought as damages by such individuals or their representatives, and at this time Ameron is not aware of the extent of injuries allegedly suffered by the individuals or the facts supporting the claim that such injuries were caused by their products. Based upon the information available to it at this time, the Company is not in a position to evaluate its potential exposure, if any, as a result of these claims. The Company intends to vigorously defend all asbestos-related lawsuits. COMPANY PROFILE Ameron International Corporation (NYSE: AMN) 245 S. Los Robles Ave. Pasadena, CA 91101-2894 Phone: 626-683-4000 Fax: 626-683-4060 http://www.ameron.com Employees : 2,900 Revenues : $ 551,400,000.00 Net Income : $ 27,700,000.00 Assets : $ 485,100,000.00 Liabilities : $ 280,900,000.00 Number of Asbestos Claims : 4,093 As of November 30, 2001 Description: Ameron International makes steel pipe, fiberglass-composite pipe, and reinforced concrete pipe for a variety of industrial uses, including chemical and petrochemical processing, water transmission, and sewage collection. It also makes protective coatings and finishes and pipe products for petrochemical, marine, and industrial applications. Ameron supplies ready-mix concrete and aggregates, box culverts, and dune sand (mainly to projects in Hawaii) and manufactures various construction products (concrete light poles) for infrastructure projects. It has international joint ventures in Saudi Arabia, Kuwait, Egypt, Mexico, and the US.