EXHIBIT 1-2 Grupo Imsa Press Releas

EXHIBIT 1-2 Grupo Imsa Press Release Dated 18 January 2005
Standard & Poor’s and Fitch Upgrade Grupo Imsa’s Credit Rating MONTERREY, Mexico: Grupo Imsa (NYSE: IMY) (BMV: IMSA) announces that Standard & Poor's has recently upgraded the Company’s local currency corporate credit rating from BBB– to BBB and its national scale rating from mxAA to mxAA+. Fitch Mexico also increased Grupo Imsa’s domestic rating from AA(mex) to AA+(mex). These rating upgrades reflect the positive results of Grupo Imsa’s main businesses and the strengthening of its fi nancial position, combined with the Company’s geographic diversifi cation, market leadership, state-of-the-art technology and high operational efficiency. Mr. Marcelo Canales, Grupo Imsa’s CFO, explained: “Grupo Imsa follows a policy of maintaining a solid fi nancial position that ensures the Company’s continuity for the benefit of our employees, shareholders and creditors. We take our fi nancial commitments very seriously, as can be seen from the fact that during our 70 years of existence we have always complied with our fi nancial obligations. The change in rating also reflects the strength of our business model and its capacity to generate cash.” Mr. Canales added: “These upgrades in credit rating should translate into a better valuation of our debt to reflect Grupo Imsa’s new fi nancial reality.” Grupo Imsa, a holding company, dates back to 1936 and is today one of Mexico’s leading diversified industrial companies, operating in three core businesses: steel processed products; steel and plastic construction products; and aluminum and other related products. With manufacturing and distribution facilities in Mexico, the United States, Europe and throughout Central and South America, Grupo Imsa currently exports to all fi ve continents. Grupo Imsa’s shares trade on the Mexican Stock Exchange (IMSA) and, in the United States, on the NYSE (IMY). This document contains forward-looking statements relating to Grupo Imsa’s future performance or its current expectations or beliefs, including statements regarding the intent, belief or current expectations of the Company and its management. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties pertaining to the industries in which the Company participates. Grupo Imsa does not intend, and does not assume any obligation, to update these forward-looking statements.
Source: Business Wire, 18 January 2005.

Kết quả (Việt) 1:

Triển lãm 1-2 Grupo Imsa thông cáo báo chí ngày 18 tháng 1 năm 2005Standard & Poor’s and Fitch Upgrade Grupo Imsa’s Credit Rating MONTERREY, Mexico: Grupo Imsa (NYSE: IMY) (BMV: IMSA) announces that Standard & Poor's has recently upgraded the Company’s local currency corporate credit rating from BBB– to BBB and its national scale rating from mxAA to mxAA+. Fitch Mexico also increased Grupo Imsa’s domestic rating from AA(mex) to AA+(mex). These rating upgrades reflect the positive results of Grupo Imsa’s main businesses and the strengthening of its fi nancial position, combined with the Company’s geographic diversifi cation, market leadership, state-of-the-art technology and high operational efficiency. Mr. Marcelo Canales, Grupo Imsa’s CFO, explained: “Grupo Imsa follows a policy of maintaining a solid fi nancial position that ensures the Company’s continuity for the benefit of our employees, shareholders and creditors. We take our fi nancial commitments very seriously, as can be seen from the fact that during our 70 years of existence we have always complied with our fi nancial obligations. The change in rating also reflects the strength of our business model and its capacity to generate cash.” Mr. Canales added: “These upgrades in credit rating should translate into a better valuation of our debt to reflect Grupo Imsa’s new fi nancial reality.” Grupo Imsa, a holding company, dates back to 1936 and is today one of Mexico’s leading diversified industrial companies, operating in three core businesses: steel processed products; steel and plastic construction products; and aluminum and other related products. With manufacturing and distribution facilities in Mexico, the United States, Europe and throughout Central and South America, Grupo Imsa currently exports to all fi ve continents. Grupo Imsa’s shares trade on the Mexican Stock Exchange (IMSA) and, in the United States, on the NYSE (IMY). This document contains forward-looking statements relating to Grupo Imsa’s future performance or its current expectations or beliefs, including statements regarding the intent, belief or current expectations of the Company and its management. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties pertaining to the industries in which the Company participates. Grupo Imsa does not intend, and does not assume any obligation, to update these forward-looking statements.Nguồn: Business Wire, 18 tháng 1 năm 2005.