EANS-News: Klöckner & Co SE / 2010: Change in management at Klöckner & Co SE

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Duisburg (euro adhoc) - Duisburg, March 30, 2009 - At its meeting today, the
Supervisory Board of Klöckner & Co SE approved the request by Dr. Thomas Ludwig
(60) that he may resign from the position of Chairman of the Management Board
with effect from December 31, 2009. At the same time, Gisbert Rühl (50) was
appointed as Dr. Ludwig´s successor with effect from January 1, 2010.

Having worked for the Klöckner Group for 25 years, with 10 years as a member of
the Management Board and 6 years as Chairman, Dr. Ludwig stated that he wished
to complete the generational change in the Group´s management that had been
planned for some time. "The Company has enjoyed a period of incredibly
successful development under his leadership," commented Prof. Dieter H. Vogel,
Chairman of the Supervisory Board of Klöckner & Co SE. After taking up the
position of Chairman of the Management Board in 2003, Dr. Ludwig helped the
Company to emerge from a difficult situation and led it to a successful listing
on the Frankfurt Stock Exchange in 2006. The subsequent growth phase further
reinforced Klöckner & Co´s market position in Europe and North America. This is
clearly underlined by the record figures adopted by the Supervisory Board at its
meeting today. "The Supervisory Board would like to thank Dr. Ludwig for his
many years of outstanding service to the Company," Vogel added.

Gisbert Rühl has been a member of the Management Board and CFO since mid-2005.
He was responsible for the IPO and the complete refinancing of the Company.
"Working in close cooperation with Dr. Ludwig, Gisbert Rühl has made a key
contribution to the Company´s positive development. He has all of the necessary
skills to take the Company through a difficult market phase," Vogel stressed.
Prior to joining Klöckner & Co SE, Gisbert Rühl gained many years of experience
in management positions at global corporations and consultancy firms.

The Supervisory Board will decide on the appointment of a new member to the
Management Board in due course.

Further inquiry note:
Peter Ringsleben - Corporate Communications
Phone: +49-203-307-2800
E-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf - Corporate Communications
Phone: +49-203-307-2289
E-mail: claudia.uhlendorf@kloeckner.de

Dr. Thilo Theilen - Investor Relations
Phone: +49-203-307-2050
E-Mail: thilo.theilen@kloeckner.de

end of announcement euro adhoc
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emitter: Klöckner & Co SE
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
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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