Klöckner & Co AG acquires a further 18% in the Swiss country operation

• Klöckner & Co now holds 78% in Debrunner Koenig Holding AG

Duisburg (euro adhoc) -

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Duisburg, 31 May 2007 - Klöckner & Co Aktiengesellschaft
is acquiring a further 18% in Debrunner Koenig Holding AG from the previous minority shareholder Gebuka AG. With this additional stake, Klöckner & Co now holds 78% in the Swiss country operation Debrunner Koenig Holding.

"We are very happy to extend our stake in the very profitable Swiss company, Debrunner Koenig Holding AG," stated Dr. Thomas Ludwig, CEO at Klöckner & Co AG.

Debrunner Koenig Holding AG, with its subsidiaries Debrunner Acifer, Koenig Feinstahl, Koenig Verbindungstechnik and Alu Menziken, and 1,900 employees, is one of the leading Swiss companies in the areas of multi-metal distribution, reinforcement and construction technology, technical products and fastening technology.

About Klöckner & Co AG:

Klöckner & Co is the largest independent producer and distributor of steel and metal products in the European and North American markets combined. The core business of the Klöckner & Co Group is the storage and distribution of steel and non-ferrous metals. About 200,000 active customers are supplied through approximately 240 distribution locations in 14 countries in Europe and North America.
Klöckner & Co was founded more than 100 years ago by Peter Klöckner. During the financial year 2006, the Company achieved sales of approximately EUR5.5 billion with around 10,000 employees.
The shares of Klöckner & Co Aktiengesellschaft are admitted to trading on the official market segment (Amtlicher Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with simultaneous admission to the sub-segment (Prime Standard) to the official market with further post-admission obligations. ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.

Peter Ringsleben, Claudia Uhlendorf - Corporate Communications

Klöckner & Co AG
Am Silberpalais 1
D - 47057 Duisburg

Peter Ringsleben
Phone: +49 203 307 2800
Fax: +49 203 307 5060
e-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf
Phone: +49 203 307 2289
Fax: +49 203 307 5103
e-mail: claudia.uhlendorf@kloeckner.de

Further inquiry note:
Nadine Hagemus
Telefon: +49(0)203-307-2288
E-Mail: nadine.hagemus@kloeckner.de

end of announcement euro adhoc

emitter: Klöckner & Co AG
Am Silberpalais 1
D-47057 Duisburg
phone: +49(0)203-307-0
FAX: +49(0)203-307-5000
mail: info@kloeckner.de
WWW: http://www.kloeckner.de
sector: Metal Goods & Engineering
ISIN: DE000KC01000
indexes: CDAX, Classic All Share, Prime All Share, MDAX stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse, Baden-Württembergische Wertpapierbörse, Börse Düsseldorf, Bayerische Börse
language: English