Steel Partners further reduces stake in EnPro to 5.5%

By Susanna Moon

Chicago, July 25 - Steel Partners II, LP sold 228,472 shares of EnPro Industries, Inc. between June 23 and July 23, according to an amended schedule 13D filed with the Securities and Exchange Commission.

The shares were priced from $36.015 to $40.1941 each.

Steel Partners beneficially owns 1,106,143 shares, or 5.5% of EnPro.

On April 11, EnPro and Steel Partners announced an agreement to settle the contested election of directors at the 2008 annual meeting of EnPro shareholders on April 30.

Charlotte, N.C.-based EnPro makes sealing products, bearings, compressors and engines.

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