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EXHIBIT 99.1
[LOGO] LONE STAR NEWS RELEASE
TECHNOLOGIES, INC.
CONTACT: CHARLES J. KESZLER
(972) 770-6495
Fax: (972) 770-6471
LONE STAR TECHNOLOGIES, INC. CANCELS STOCK OFFERING
Dallas, Texas. August 4, 2000. Lone Star Technologies, Inc. (NYSE: LSS)
announced today that, as a result of market conditions, it has cancelled the
proposed offering to the public of 3,000,000 shares of common stock by Lone
Star and an additional 750,000 shares by a selling stockholder. A
registration statement relating to the proposed offering had been filed on
July 11, 2000.