Salzgitter AG

euro adhoc: Salzgitter AG
Joint Ventures
Proposed concentration of seamless tubes activities at Vallourec now implemented

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 23.06.2005 The intention jointly expressed in January 2005 by Salzgitter AG and Vallourec SA, Paris, to concentrate their seamless tubes activities at Vallourec has meanwhile been put into effect. The final documents sealing the transfer of the relevant holdings were signed in Paris on June 23, 2005. This in particular effected the transfer of the 45 % stake in Vallourec & Mannesmann Tubes SA (V&M) held by the wholly-owned Salzgitter subsidiary Mannesmannröhren-Werke GmbH (MRW) to its French joint venture partner Vallourec. As a result Vallourec now owns 100 % of V&M. Salzgitter’s stake in Vallourec (held indirectly via MRW) remains unchanged at around 23 %. end of announcement euro adhoc 23.06.2005 15:16:26 -------------------------------------------------------------------------------- ots Originaltext: Salzgitter AG Im Internet recherchierbar: Further inquiry note: Bernhard Kleinermann Tel.: +49 (0) 5341-21-3783 E-Mail: Tel.:49 (0) 5341-21-01 FAX: +49 (0) 5341-21-2727 Email: Branche: Iron & Steel ISIN: DE0006202005 WKN: 620200 Börsen: Berliner Wertpapierbörse Hamburger Wertpapierbörse Baden-Württembergische Wertpapierbörse Börse Düsseldorf Bayerische Börse Bremer Wertpapierbörse (BWB) Frankfurter Wertpapierbörse Niedersächsische Börse zu Hannover

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