euro adhoc: Klöckner & Co AG / Mergers - Acquisitions - Takeovers / Klöckner & Co Aktiengesellschaft / Acquisition of Temtco Steel in the US • Acquisition of a leading distributor of specialty plate products (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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04.04.2008

Duisburg, April 4, 2008 - Via its US operating subsidiary - Namasco Corporation
headquartered in Atlanta, Georgia - Klöckner & Co AG has entered into an
agreement to acquire the operating assets of the distribution company Taylor
Equipment and Machine Tool Corporation (dba Temtco Steel), headquartered in
Louisville, Mississippi. The acquisition is still subject to the approval of the
American anti-trust authorities.

Temtco Steel is a leading distribution company for specialty plate with a large
share of processing. Temtco Steel employs some 180 staff in 5 locations in the
US and generated sales of approximately EUR226 million in 2007.

After the acquisition of Primary Steel last year, a company which also has a
focus on specialty plate, Klöckner & Co, through Namasco Corporation, continues
to expand its market position for specialty plate and strengthens its presence
in the North American steel and distribution market.

Issuer: Klöckner & Co Aktiengesellschaft, Am Silberpalais 1, D 47057 Duisburg
ISIN: DE000KC01000; WKN: KCO0100
Listed: Amtlicher Markt / Prime Standard; Frankfurter Wertpapierbörse
Further information can be obtained on the webpage of Klöckner & Co:
www.kloeckner.de

Contact persons:
Peter Ringsleben - Corporate Communications
Phone: +49 (0) 203 307 - 2800
E-mail: [email protected]

Claudia Uhlendorf - Corporate Communications
Phone: +49 (0) 203 307 - 2289
E-mail: [email protected]

Claudia Nickolaus - Investor Relations
Phone: +49 (0) 203 307 - 2050
E-Mail: [email protected]

Further inquiry note:
Claudia Uhlendorf
Public Relations
Telefon: +49(0)203-307-2289
E-Mail: [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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