Klöckner & Co AG further increases shareholding in the Swiss country operation

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Duisburg (euro adhoc) - Duisburg, January 16, 2008 - Klöckner & Co
Aktiengesellschaft has acquired a further 20% of the shares in Debrunner Koenig
Holding AG. With these additional shares, Klöckner & Co now holds 98% of all
shares in the Swiss subsidiary Debrunner Koenig Holding. In May 2007, Klöckner &
Co had already increased its share in Debrunner Koenig Holding by 18% to 78%.
"By again increasing our shareholding, we have now almost fully acquired the
highly profitable Swiss company Debrunner Koenig Holding. This is another major
success for our growth strategy," said Dr. Thomas Ludwig, Chairman of the
Management Board of Klöckner & Co AG.

Together with its subsidiaries Debrunner Acifer, Koenig Feinstahl, Koenig
Verbindungstechnik and Alu Menziken, Debrunner Koenig Holding AG is a leading
company in the multi metal distribution, reinforcement and construction
engineering, technical product and fastening engineering sectors in Switzerland,
employing more than 1,700 people.

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 250 distribution locations in 15 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. Klöckner & Co shares
have been listed in the MDax® Index of Deutsche Börse since the end of January
2007.

Contact persons:
Klöckner & Co AG
Am Silberpalais 1
47057 Duisburg, Germany

Peter Ringsleben, Claudia Uhlendorf - Corporate Communications
Peter Ringsleben
Phone: +49-203-307-2800
Fax: +49-203-307-5060
E-mail: [email protected]

Claudia Uhlendorf
Phone: +49-203-307-2289
Fax: +49-203-307-5103
E-mail: [email protected]

Claudia Nickolaus - Investor Relations

Claudia Nickolaus
Phone: +49-203-307-2050
Fax: +49-203-307-5025
E-Mail: [email protected]

Further inquiry note:
Nadine Hagemus
Phone: +49 (0)203 307 2288
email: [email protected]

end of announcement euro adhoc
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emitter: Klöckner & Co AG
Am Silberpalais 1
D-47057 Duisburg
phone: +49(0)203-307-0
FAX: +49(0)203-307-5000
mail: [email protected]
WWW: http://www.kloeckner.de
sector: Metal Goods & Engineering
ISIN: DE000KC01000
indexes: MDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse München
language: English

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