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Ameron Settles Labor Strike in Hawaii

PASADENA, Calif.--(BUSINESS WIRE)--April 5, 2004--Ameron International Corporation (NYSE:AMN) today announced that the labor dispute at the Company's aggregates and ready-mix concrete operations on Oahu in Hawaii has been settled. The Company and union workers have agreed to a new five-year contract. Normal operations will resume this week. The previously announced labor disputes at two of the Water Transmission Group's plants in Southern California and at the Company's operations in Oahu, Hawaii have all now been settled.

Ameron International Corporation is a multinational manufacturer of highly-engineered products and materials for the chemical, industrial, energy, transportation and infrastructure markets. Traded on the New York Stock Exchange (AMN), Ameron is a leading producer of water transmission lines; high-performance coatings and finishes for the protection of metals and structures; fiberglass-composite pipe for transporting oil, chemicals and corrosive fluids and specialized materials and products used in infrastructure projects. The Company operates businesses in North America, South America, Europe, Australasia and Asia. It also participates in several joint-venture companies in the U.S., Saudi Arabia, Kuwait and Egypt.

Cautionary statement for purposes of the "Safe Harbor" provisions of The Private Securities Litigation Reform Act of 1995: Any statements in this report that refer to the estimated or anticipated future results of Ameron International Corporation ("Ameron" or the "Company") are forward-looking and reflect the Company's current analysis of existing trends and information. Actual results may differ from current expectations based on a number of factors affecting Ameron's businesses, including competitive conditions and changing market situations. Matters affecting the economy generally, including the state of economies worldwide, can affect Ameron's results. Forward-looking statements represent the Company's judgment only as of the date of this report. Since actual results could differ materially, the reader is cautioned not to rely on these forward-looking statements. Moreover, Ameron disclaims any intent or obligation to update these forward-looking statements.

Ameron International Corporation
James S. Marlen/Gary Wagner, 626-683-4000

SOURCE: Ameron International Corporation

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