Grupo Imsa, SA de CV estimates that its fourth quarter 2004 sales will total 9,596 million pesos, a year-over-year growth of approximately 30%. Grupo Imsa says its EBITDA (operating income plus depreciation and amortization) could reach 1,252 million pesos for the quarter, an 89% increase compared to 2003.

The anticipated historical record revenues and EBITDA for 2004 reflect a recovery in demand in most of Grupo Imsa's markets, a commercial strategy that has enabled the company to capitalize on this growth, and significant savings generated by continuous improvement programs.

Grupo Imsa took advantage of capital expenditures it had been making over the past few years to strengthen its asset base by increasing capacity and improving operating processes. Imsatec benefited from a recovery in non-residential construction, while Imsalum's profiles business benefited from a recovery in residential construction in Mexico and increased ladder sales in the United States. Imsa Acero's businesses were able to capitalize on a rise in steel prices and demand in the global marketplace.

Grupo Imsa, a holding company, dates back to 1936 and is today one of Mexico's leading diversified industrial companies, operating in three core businesses: steel processed products; steel and plastic construction products; and aluminum and other related products. With manufacturing and distribution facilities in Mexico, the United States, Europe, and throughout Central and South America, Grupo Imsa currently exports to all five continents.