Quanex Corp. has filed a registration statement with the Securities and Exchange Commission (SEC) to register for resale its 2.50% Convertible Senior Debentures due 2034, and any shares of Quanex common stock issuable upon conversion of the debentures.

Quanex previously announced that an aggregate principal amount of $125 million of debentures was issued and sold in a private placement and in Rule 144A transactions in May 2004. Upon effectiveness, the selling securityholders may use the prospectus relating to the registration statement from time to time to resell their debentures and any shares of Quanex common stock issuable upon conversion of the debentures. Quanex will not receive any proceeds from the sale of the debentures or any shares of Quanex common stock issuable upon conversion of the debentures.

While the registration statement has been filed with the SEC, it has not yet become effective.

These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective, except in reliance on an applicable exemption from the registration requirements of the Securities Act.

Quanex cautions that this announcement does not represent an offer to sell or the solicitation of an offer to buy, and there shall not be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.

Founded in 1927, Quanex is an industry leading manufacturer of value-added engineered materials and components for the vehicular products and building products markets.