Takeover discussions with Algoma Steel Inc. terminated

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Salzgitter (euro adhoc) - Salzgitter AG Stahl und Technologie, Salzgitter,
announces that the Executive Board has decided on March 13, 2007 not to continue
discussions with Algoma Steel Inc., Sault Ste. Marie, Ontario, Canada, in
regards to a possible takeover. It was further announced that no binding
takeover bid will be issued for the time being. It is intended to continue to
investigate potential for an industrial cooperation.

Further inquiry note:
Bernhard Kleinermann
Tel.: +49 (0) 5341-21-3783
E-Mail: [email protected]

end of announcement euro adhoc 14.03.2007 07:45:00
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emitter: Salzgitter AG
Eisenhüttenstraße 99
D-38239 Salzgitter
phone: +49 (0) 5341-21-0
FAX: +49 (0) 5341-21-2570
mail: [email protected]
WWW: http://www.salzgitter-ag.de
ISIN: DE0006202005
indexes: MDAX, CDAX, HDAX, Midcap Market Index, Classic All Share, Prime
All Share
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free
trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
Bayerische Börse, official dealing: Niedersächsische Börse zu
Hannover
sector: Iron & Steel
language: English

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