Salzgitter AG

Salzgitter AG confirms discussions with Algoma Steel Inc.

-------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Salzgitter (euro adhoc) - Salzgitter AG today confirmed that it is in discussions with Algoma Steel Inc. in Sault Ste. Marie, Ontario, regarding the possible acquisition of the Canadian steel producer. The discussions are at a very preliminary stage. There can be no assurance that an acquisition will take place. Furthermore there is no agreement as to the price at which an acquisition would be made if it does take place. end of announcement euro adhoc 15.02.2007 19:47:24 -------------------------------------------------------------------------------- ots Originaltext: Salzgitter AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Bernhard Kleinermann Tel.: +49 (0) 5341-21-3783 E-Mail: kleinermann.b@salzgitter-ag.de Branche: Iron & Steel ISIN: DE0006202005 WKN: 620200 Index: MDAX, CDAX, HDAX, Midcap Market Index, Classic All Share, Prime All Share Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard Börse Berlin-Bremen / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade Börse Düsseldorf / free trade Bayerische Börse / free trade Niedersächsische Börse zu Hannover / official dealing

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