Grupo Simec Announces Web Site for Reference of Financial Reporting

GUADALAJARA, Mexico, Dec. 5, 2011 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (AMEX: SIM) ("Grupo Simec") announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2010 (the "2010 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").  The 2010 Annual Report can be accessed by visiting either the SEC's website at www.sec.gov or Grupo Simec's website at www.gsimec.com.mx. In addition, shareholders may receive a hard copy of Grupo Simec's complete financial statements free of charge by requesting a copy within a reasonable period of time from Grupo Simec's Investor Relations Office.

About Grupo Simec

Grupo Simec is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products with production and commercial operations in the United States, Mexico and Canada.

Contact: Sergio Vigil Gonzalez
Adolfo Luna Luna
Grupo Simec, S.A.B. de C.V.
Calzada Lazaro Cardenas 601
44440 Guadalajara, Jalisco, Mexico
+52 (55) 1165 1025
+52 (33) 3770 6799

Legal Disclaimer

This press release contains certain forward-looking statements that reflect the current views and/or expectations of Grupo Simec and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect," "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Grupo Simec is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Grupo Simec, S.A.B. de C.V.