RHI AG

RHI confirms good results for 2007 and positive outlook

-------------------------------------------------------------------------------- ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- balance Wien (euro adhoc) - > Balance sheet 2007: RHI strengthens position for further growth > Incoming orders excellent in the first months of 2008 > Management Board aims to achieve EBIT margin of 12% in 2010 The RHI Supervisory Board approved the annual financial statements 2007 of RHI AG and the consolidated financial statements 2007 at its meeting on 24 April 2008. The preliminary results of the RHI Group, which were published on 12 March 2008, are thus confirmed. RHI significantly increased both revenues and the operating result in continuing operations and recorded an EBIT margin of 11.1%, which is unparalleled in the company´s history. in EUR million 2007 2006 Change Revenues 1,485.8 1.335.8 11.2% EBITDA 215.6 179.5 20.1% EBITDA margin in % 14.5 13.4 8.2% EBIT 164.3 133.8 22.8% EBIT margin in % 11.1 10.0 11.0% Earnings per share in EUR*) 2.77 2.48 11.7% *) diluted earnings per share for continuing operations As announced previously, the Management Board of RHI AG will propose to the Annual General Meeting on 25 May 2008 to carry forward the accumulated profit 2007 of RHI AG in its entirety in order to strengthen equity, reduce debt and with a view to the ambition growth targets. Outlook on 2008 Due to the generally strong growth in the threshold countries in the year 2008, further above-average increases in revenue are expected in these strategically important markets. The new raw material plant in China will provide high-grade sintered magnesia as of the fourth quarter of 2008 and secure the Group´s self-supply of approx. 50%. Despite existing risks in the world economy, the RHI management expects to take a further step towards achieving the growth targets set for 2010 (revenues of EUR 2,000 million, EBIT margin of 12% and market share exceeding 15%) in 2008. Details regarding the annual results and the online version of the annual financial report 2007 are available on RHI´s website www.rhi-ag.com. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: RHI AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: RHI AG Investor Relations Mag. Barbara Potisk Tel: +43-1-50213-6123 Email: barbara.potisk@rhi-ag.com Branche: Refractories ISIN: AT0000676903 WKN: 874182 Index: ATX Prime, ATX Börsen: Wiener Börse AG / official dealing

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