REGISTERED HEADQUARTERS P.O. Box 1670, Armour Road Regina, Saskatchewan S4P 3C7 1-800-667-1616 OPERATIONAL HEADQUARTERS 650 Warrenville Road, Suite 500 Lisle, Illinois 60532 ANNUAL MEETING April 26, 2007 at 9:00 a.m. CST Turvey Centre, Armour Road Regina, Saskatchewan INVESTOR RELATIONS CONTACT Thomas C. Filstrup Director, Investor Relations 1-630-810-4772 1-877-594-7726 tfilstrup@ipsco.com COMPANY INFORMATION CONTACT Kelly Brossart Corporate Communications Officer 1-306-924-7475 1-800-667-1616 kbrossart@ipsco.com IPSCO WEBSITE www.ipsco.com Our website offers a wide variety of investor and other corporate information, as well as links to IPSCO regulatory filings. REGISTRAR AND TRANSFER AGENT In Canada: Computershare Trust Company of Canada In the United States: Computershare Trust Company Inc. North America: 1-800-564-6253 International: 514-982-7555		DIVIDEND REINVESTMENT AND SHARE PURCHASE PLAN Shareholders of record may enroll in the Plan and have their dividends automatically reinvested in IPSCO Inc. shares. Optional cash payments of up to CDN $5,000 per quarter may also be applied to the purchase of Common Shares. All service, brokerage and administration fees of the Plan are paid by the Company. Please address inquiries about the Plan to: Computershare Investor Services Attn: Dividend Investment Department 100 University Avenue 9th Floor, North Tower Toronto, Ontario M5J 2Y1 Or by calling toll free 1-800-564-6253 Or by visiting our website in the Investor Information section under Dividends. DIVIDENDS Dividends are paid to U.S. shareholders in U.S. dollars and are subject to Canadian withholding tax which will be deducted at the source. The withholding tax may be eligible for a foreign tax credit against U.S. federal income tax. STOCK SPLIT HISTORY February 28, 1998 3-for-2 June 28, 1984 2-for-1 COMMON STOCK - NYSE (High and low values in U.S. dollars; dividend values in Canadian dollars) Market price       High       Low Dividend 4Q 2006       $107.05       $81.00       $0.18 3Q 2006 $  98.97 $80.52 $0.20 2Q 2006 $111.60 $82.65 $0.20 1Q 2006 $108.50 $82.28 $0.20 COMMON STOCK - TSX (All values in Canadian dollars) Market price       High       Low Dividend 4Q 2006       $122.80       $91.35       $0.18 3Q 2006 $110.86 $90.00 $0.20 2Q 2006 $126.99 $91.00 $0.20 1Q 2006 $126.00 $96.10 $0.20 STOCK EXCHANGES Common stock of IPSCO Inc. is listed on the New York (NYSE) and Toronto (TSX) Stock Exchanges under the exchange symbol IPS.

OFFICERS
Burton Joyce Chairman of the Board David Sutherland President and Chief Executive Officer John Tulloch Executive Vice President - Steel and Chief Commercial Officer Vicki Avril Senior Vice President and Chief Financial Officer Joseph Russo Senior Vice President and Chief Technical Officer David Britten Vice President, Corporate Development Barry Hodson Vice President and General Sales Manager, Canadian Tubular Products Leslie Lederer Vice President, General Counsel and Corporate Secretary		Peter MacPhail Vice President of Primary Operations Greg Maindonald Vice President, Operations Services Daniel Miksta Vice President and General Sales Manager, Steel Products Raymond Rarey Vice President and Chief Human Resources Officer Philip Marusarz Corporate Controller Gregory Burnett Treasurer Robert Eisner Assistant Treasurer John Comrie, Q.C. Assistant Secretary Michele Klebuc-Simes Assistant Secretary