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SHAREHOLDER ALERT: Acquisition of Edgen Group Inc. (EDG) by Sumitomo Corporation May Be Detrimental to the Interests of Edgen

     SHAREHOLDER ALERT: Acquisition of Edgen Group Inc. (EDG) by Sumitomo
     Corporation May Be Detrimental to the Interests of Edgen Group Inc.
                                 Shareholders

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of Edgen Group Inc.

PR Newswire

NEW YORK, Oct. 11, 2013

NEW YORK, Oct. 11, 2013 /PRNewswire/ --Juan E. Monteverde, a partner at
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of Edgen Group Inc.
("Edgen" or the "Company") (NYSE: EDG) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the Company to
Japan's Sumitomo Corporation in a cash deal valued at approximately $520
million. Under the terms of the proposed transaction, Edgen's stockholders
will receive $12.00 for each share of Edgen common stock they own. Meanwhile,
According to Yahoo! Finance, at least one analyst has set a price target of
$15.00 for the Company.

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO )

Request more information now by clicking here: www.faruqilaw.com/EDG. There
is no cost or obligation to you.

The investigation focuses on whether Edgen's Board of Directors breached their
fiduciary duties to the Company's stockholders by failing to conduct an
adequate and fair sales process prior to agreeing to this proposed
transaction, whether and by how much this proposed transaction undervalues the
Company to the detriment of Edgen's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm's clients.

If you own common stock in Edgen and wish to obtain additional information and
protect your investments free of charge, please visit us at
www.faruqilaw.com/EDG or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212)
983-9330.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone:  (212) 983-9330

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible
for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior
results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.



SOURCE Faruqi & Faruqi, LLP

Website: http://www.faruqilaw.com
 
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