euro adhoc: Schoeller-Bleckmann Oilfield Equipment AG / other / Schoeller-Bleckmann Oilfield Equipment AG: Change in the Supervisory Board (E)

Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

11.05.2005

Ternitz, may 12, 2005. As of may 12, 2005 Gerd Klaus Gregor has resigned from his position as member of the Supervisory Board of Schoeller-Bleckmann Oilfield Equipment AG (SBO) for private reasons. For the time being, no appointment will be made to take his position. The Supervisory Board of SBO, therefore, consists of the following members: Norbert Zimmermann (Chairman), Peter Pichler (Deputy Chairman), Helmut Langanger and Karl Schleinzer.

Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in high-precision components for the oilfield service industry. The business focus is on non-magnetic drillstring components for directional drilling. Worldwide, SBO employs a workforce of 837 (Dec. 31, 2003: 800), currently 211 in the company headquarters at Ternitz, Lower Austria, and 435 in North America (including Mexico). The core shareholder of the company is Berndorf AG.

Further inquiry note:
Gerald Grohmann, Chief Executive Officer
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz, Hauptstraße 2
Tel: +43 2630/315 ext. 110, fax: ext. 101
E-Mail: sboe@sbo.co.at

Mick Stempel, Hochegger|Financials
Tel :+43 1/504 69 87 ext. 85
E-Mail: m.stempel@hochegger.com

end of announcement euro adhoc

emitter: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://info.sbo.at
ISIN: AT0000946652
indexes:
stockmarkets:
sector: Oil & Gas - Upstream activities
language: English

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