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2016-02-25

L.B. Foster Company: L.B. Foster Company Declares Quarterly Dividend

PITTSBURGH, Feb. 25, 2016 (GLOBE NEWSWIRE) -- L.B. Foster Company
(NASDAQ:FSTR) announced today that its Board of Directors has authorized a
$0.04 per share regular quarterly cash dividend on its issued and outstanding
shares of common stock. The dividend is payable Friday, March 25, 2016 to
shareholders of record at the close of business on March 11, 2016.

There are currently approximately 10.3 million shares outstanding.

About L.B. Foster Company

L.B. Foster is a leading manufacturer, fabricator, and distributor of products
and services for the rail, construction, energy and utility markets with
locations in North America and Europe. Please visit our website:
www.lbfoster.com

The matters discussed in this news release may include forward-looking
statements that involve risks and uncertainties. Sentences containing words
such as "anticipates," "expects," or "will," generally should be considered
forward-looking statements. Future dividends will be paid subject to Board
of Directors authorization as well as legal and other restrictions. Detailed
information on risks and uncertainties which could affect the Company's
operating results and liquidity are described in the Company's Forms 10-K,
10-Q and other reports, filed or to be filed with the Securities and Exchange
Commission. The Company urges all interested parties to read these reports
to gain a better understanding of the many business and other risks that the
Company faces. The Company assumes no obligation to update or revise such
statements, whether as a result of new information or otherwise, except as
required by securities laws.

Contact:
David Russo
Phone: 412.928.3417
Email: Investors@Lbfoster.com
Website: www.lbfoster.com
L.B. Foster Company
415 Holiday Drive
Pittsburgh, PA 15220

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: L.B. Foster Company via Globenewswire

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