Hydril Company to File Registration Statement for Selling Stockholders

Apr 24, 2001, 01:00 ET from Hydril Company

    HOUSTON, April 24 /PRNewswire Interactive News Release/ --
 Hydril Company (Nasdaq: HYDL) today announced that certain of its major
 stockholders, primarily charitable trusts and educational institutions, have
 exercised their rights to require the company to register their Hydril stock
 for sale in an underwritten public offering.  Hydril expects to file a
 registration statement in the near future covering up to approximately
 4.5 million shares of common stock to be offered and sold by those
 stockholders through underwriters.  The offering will not involve the sale of
 any shares by Hydril Company.
     A registration statement relating to these securities has not yet been
 filed with the Securities and Exchange Commission.  These securities may not
 be sold nor may offers to buy be accepted prior to the time a registration
 statement is filed with the Securities and Exchange Commission and becomes
 effective.  This press release shall not constitute an offer to sell or the
 solicitation of an offer to buy nor shall there be any sale of the securities
 in any state in which such offer, solicitation or sale would be unlawful prior
 to registration or qualification of the securities laws of any such state.
 
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SOURCE Hydril Company
    HOUSTON, April 24 /PRNewswire Interactive News Release/ --
 Hydril Company (Nasdaq: HYDL) today announced that certain of its major
 stockholders, primarily charitable trusts and educational institutions, have
 exercised their rights to require the company to register their Hydril stock
 for sale in an underwritten public offering.  Hydril expects to file a
 registration statement in the near future covering up to approximately
 4.5 million shares of common stock to be offered and sold by those
 stockholders through underwriters.  The offering will not involve the sale of
 any shares by Hydril Company.
     A registration statement relating to these securities has not yet been
 filed with the Securities and Exchange Commission.  These securities may not
 be sold nor may offers to buy be accepted prior to the time a registration
 statement is filed with the Securities and Exchange Commission and becomes
 effective.  This press release shall not constitute an offer to sell or the
 solicitation of an offer to buy nor shall there be any sale of the securities
 in any state in which such offer, solicitation or sale would be unlawful prior
 to registration or qualification of the securities laws of any such state.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X77772802
 
 SOURCE  Hydril Company