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<SEC-DOCUMENT>0000891836-03-000478.txt : 20030812
<SEC-HEADER>0000891836-03-000478.hdr.sgml : 20030812
<ACCEPTANCE-DATETIME>20030812120800
ACCESSION NUMBER:		0000891836-03-000478
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20030812
FILED AS OF DATE:		20030812

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TENARIS SA
		CENTRAL INDEX KEY:			0001190723
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31518
		FILM NUMBER:		03836563

	BUSINESS ADDRESS:	
		STREET 1:		420 FIFTH AVENUE
		STREET 2:		18TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10018
		BUSINESS PHONE:		212-376-6500

	MAIL ADDRESS:	
		STREET 1:		23 AVENUE MONTEREY
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L 2086
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sc0256.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUE ON FORM 6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE>
          Press Release
     </TITLE>
</HEAD>
<BODY>


<!-- MARKER FORMAT-SHEET="Head Major Center Bold" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>FORM 6&#150;K </FONT></H1>

<P>&nbsp;&nbsp;</P>


<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER>
<FONT FACE="Times New Roman, Times, Serif" SIZE="3"><B>SECURITIES AND EXCHANGE COMMISSION</B> <BR>
Washington, D.C. 20549</FONT></P>

<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>
<B>Report of Foreign Private Issuer<BR>
Pursuant to Rule 13a&#150;16 or 15d&#150;16 of<BR>
the Securities Exchange Act of 1934</B></FONT></P>

<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=3>August 12, 2003 </FONT></P>

<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="3"><B>TENARIS S.A.</B><BR>
(Translation of Registrant&#146;s name into English) </FONT></P>

<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="3"><B>TENARIS S.A.</B><BR>
13, rue Beaumont<BR>
L-1219 Luxembourg<BR>
(Address of principal executive offices) </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or 40-F.</FONT></P>


<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Form 20-F&nbsp;[X]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F&nbsp;[_]</FONT></P>


<!-- MARKER FORMAT-SHEET="Para Large Indented" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indicate
by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12G3-2(b)
under the Securities Exchange Act of 1934. </FONT></P>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Default" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Yes&nbsp;[_]&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;[X]</FONT></P>

<!-- MARKER FORMAT-SHEET="Para Large Indented" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
&#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>. </FONT></P>


<PAGE>



<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The attached material is being
furnished to the Securities and Exchange Commission pursuant to Rule 13a-16 and Form 6-K
under the Securities Exchange Act of 1934, as amended. This report contains Tenaris&#146;s
press release announcing the commencement of the exchange offer of Tenaris ADSs
for shares and ADSs of Tubos de Acero de M&eacute;xico, S.A. </FONT></P>

<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Head Major Center Bold" FSL="Default" -->
<H1 ALIGN=CENTER><FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="3"><B>SIGNATURE</B> </FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Workstation" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized. </FONT></P>

<P>&nbsp;&nbsp;</P>
<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Date: August 12, 2003 </FONT></P>

<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Head Minor Center" FSL="Workstation" -->
<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>Tenaris S.A. </FONT></P>

<P>&nbsp;&nbsp;</P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>By: /s/ Guillermo Vogel</U><BR>
Guillermo Vogel<BR>
Director and Vice President Finance</FONT></P>


</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>sc0256b.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
     <TITLE>
          Press Release
     </TITLE>
</HEAD>
<BODY>


<IMG SRC="banner.jpg">


<!-- MARKER FORMAT-SHEET="Head Bold Italc" FSL="Default" -->
<P ALIGN=LEFT>
<FONT FACE="Arial, Helvetica, Sans-Serif" SIZE="3">
<B>Tenaris Makes Exchange Offer for Tamsa Shares and ADSs</B> </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Luxembourg, August 11, 2003 &#150;
Tenaris S.A. (TS: NYSE, Buenos Aires, Mexico and TEN: MTA Italy), announced today that it
has launched an exchange offer in the United States to acquire all the shares and ADSs of
Tubos de Acero de M&eacute;xico S.A. (TAM: AMEX and TAMSA: Mexico) (&#147;Tamsa&#148;)
that it does not already own directly or indirectly. The exchange offer is made subject to
the terms and conditions of the prospectus dated August 8, 2003, and the related letter of
transmittal, and will expire at 5:00 p.m. New York City time (or 4:00 P.M., Mexico City
time) on September 12, 2003. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Tenaris further announced that Tamsa
intends to terminate the deposit agreement relating to the Tamsa ADSs effective on
September 12, 2003, and that Tenaris and Tamsa have petitioned the Mexican Stock Exchange
to delist Tamsa&#146;s shares, subject to applicable law, effective on August 11, 2003.
Tenaris further anticipates that, following consummation of the exchange offer, Tamsa will
no longer meet the listing requirements of the American Stock Exchange for continued
listing and that, as a result, Tamsa will, as soon as possible thereafter, petition the
American Stock Exchange to delist the Tamsa shares and ADSs, subject to applicable law. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Under the terms of the exchange
offer, Tenaris is offering to exchange: </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Hang Level 1" FSL="Default" -->
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>one
Tenaris ADS (representing ten Tenaris ordinary shares) for every 1.8904 Tamsa ADSs
tendered; and</FONT></TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149;</FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>one Tenaris ADS
for every 9.452 Tamsa common shares tendered.</FONT></TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Holders of Tamsa ADSs who have not
tendered their Tamsa ADSs into the exchange offer by the expiration date will be deemed to
have instructed JPMorganChase, the depositary for Tamsa&#146;s ADR program (the
&#147;Tamsa depositary&#148;), to tender their Tamsa ADSs in exchange for Tenaris ADSs.  In
order to receive Tenaris ADSs in exchange for Tamsa ADSs tendered by the Tamsa depositary
on their behalf, however, holders of Tamsa ADSs must surrender their Tamsa ADSs certificates
to the Tamsa depositary by March 12, 2004; otherwise, the Tamsa depositary may sell the
Tenaris ADSs held by it for cash. </FONT></P>

<PAGE>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Holders of Tamsa shares who wish to
participate in the exchange offer must deposit their shares in exchange for Tamsa ADSs
with the Tamsa depositary prior to 5:00 p.m., New York City time (or 4:00 p.m., Mexico
City time) on September 10, 2003. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Holders of Tamsa ADSs who do not wish
to exchange their Tamsa ADSs for Tenaris ADSs must surrender their Tamsa ADSs certificates
to the Tamsa depositary and withdraw the deposited Tamsa shares underlying their Tamsa
ADSs prior to the expiration of the exchange offer. It is strongly recommended that these
procedures be complied with no later than 12:00 noon, New York City time (or 11:00 a.m.,
Mexico City time) on September 12, 2003, in order to ensure that the underlying deposited
Tamsa shares are effectively withdrawn. Failure to effectively withdraw the Tamsa shares
underlying the Tamsa ADSs will result in such Tamsa ADSs being tendered into the exchange
offer. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The exchange offer follows a
multi-jurisdictional exchange offer completed by Tenaris in December 2002 for all the
outstanding shares and ADSs of Tamsa and Siderca S.A.I.C., the Argentine seamless pipe
producer, and all the outstanding shares of Dalmine S.p.A, the Italian seamless pipe
producer. Subsequent to that exchange offer, the shares and ADSs of Siderca and the shares
of Dalmine were delisted from the respective stock exchanges on which they were listed
following cash tender offers made by Tenaris in accordance with Argentine and Italian law,
respectively, for the remaining shares and ADSs of Siderca and shares of Dalmine not
exchanged pursuant to the 2002 exchange offer. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>In addition to launching the exchange
offer described above, in connection with the December 2002 exchange offer and the
petition to delist Tamsa&#146;s shares from the Mexican Stock Exchange and as required by
Mexican law, Tenaris has established a fiduciary account (<I>fideicomiso</I>) in Mexico
for a period of six months into which it has deposited the number of ordinary shares
necessary to acquire any Tamsa shares held in Mexico at the exchange rate of one Tenaris
share for every 0.9452 Tamsa share. The exchange of shares through this fiduciary account
is subject to terms and conditions approved by the Mexican securities regulator. U.S.
persons or persons acting on behalf of U.S. persons may not acquire Tenaris shares through
this fiduciary account, as the Tenaris shares offered through this fiduciary account will
not be registered under the U.S. Securities Act of 1933, as amended (the &#147;Securities
Act&#148;), and such Tenaris shares may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of the
Securities Act. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Tenaris currently holds, directly or
indirectly, 94.4% of Tamsa&#146;s shares. Tenaris will issue new ordinary shares in
exchange for the Tamsa shares and ADSs tendered into the exchange offer or exchanged
through the fiduciary account established in Mexico. If all the outstanding Tamsa shares
and ADSs not held, directly or indirectly, by Tenaris are exchanged pursuant to the
exchange offer or through the fiduciary account established in Mexico, Tenaris will issue
19,963,912 new shares (in the form of shares or ADSs, as applicable) and will have a total
of 1,180,664,706 shares issued and outstanding. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>TENARIS URGES INVESTORS TO READ IN
THEIR ENTIRETY, BEFORE MAKING ANY DECISION, THE REGISTRATION STATEMENT, PROSPECTUS AND ANY
OTHER RELEVANT DOCUMENTS FILED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION BECAUSE
THEY CONTAIN IMPORTANT INFORMATION. Investors are able to obtain the documents filed with
the SEC from the SEC&#146;s website at <U>http://www.sec.gov</U>. </FONT></P>

<PAGE>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Questions and requests for assistance
or additional copies of the prospectus, the letter of transmittal and any other documents
relating to the exchange offer in the United States may be directed to the information
agent or the exchange agent at their respective addresses and telephone numbers set forth
below. These same documents will also be available from Tenaris&#146;s website at
<U>http://www.tenaris.com</U>. Information on or accessible through this website is not
part of this press release. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Holders of Tamsa shares or ADSs may
also contact their brokers, dealers, commercial banks, trust companies or other nominees
for assistance concerning the exchange offer. </FONT></P>



<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="TOP">
     <TD ALIGN=CENTER WIDTH="40%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
          The information agent for<BR>
          the exchange offer is:
     </FONT></TD>
     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN=CENTER WIDTH="40%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
          The exchange agent for<BR>
          the exchange offer is
     </FONT></TD></TR>
<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
<B>Georgeson Shareholder<BR>
17 State Street - 10th Floor<BR>
New York, NY 10004<BR>
Banks and brokers call: (212) 440-9800<BR>
All others call toll free: (866) 423-4876</B> </FONT>
</TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">
<B>JPMorgan Chase Bank<BR>
c/o Equiserve Corporate Reorganization<BR>
P.O. Box 43006<BR>
Providence, RI 02940-3006, U.S.A.</B></FONT></TD></TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>This announcement is neither an offer
to purchase nor a solicitation of an offer to sell shares or ADSs. The exchange offer is
made solely by the prospectus and the related letter of transmittal and is not being made
to, nor will tenders be accepted from or on behalf of, holders of shares or ADSs in any
jurisdiction in which the making of the exchange offer or acceptance thereof would not be
in compliance with the laws of such jurisdiction. In those jurisdictions where the
applicable laws require that the exchange offer be made by a licensed broker or dealer,
the exchange offer shall be deemed to be made on behalf of the dealer manager or one or
more registered brokers or dealers licensed under laws of such jurisdiction. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para Flush" FSL="Default" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>Tenaris is a leading global
manufacturer of seamless steel pipe products and provider of pipe handling, stocking and
distribution services to the oil and gas, energy and mechanical industries and a leading
regional supplier of welded steel pipes for gas pipelines in South America. Organized in
Luxembourg, it has pipe manufacturing facilities in Argentina, Brazil, Canada, Italy,
Japan, Mexico and Venezuela and a network of customer service centers present in over 20
countries worldwide.</I> </FONT></P>


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end

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
