Salzgitter (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.

investments

Salzgitter AG has increased its
shareholding in Klöckner-Werke AG, Duisburg, of which it acquired 86 
% in 2007, to more than 95 % over the year 2008. Given that the 
recession has impaired most industrial companies by now and that it 
is uncertain to what extent it will affect Klöckner-Werke AG, it has 
not been decided upon, if and - should the case arise - when the 
participation will be raised to 100 %.

end of announcement                               euro adhoc

Further inquiry note:

Bernhard Kleinermann
Tel.: +49 (0) 5341-21-3783
E-Mail: ir@salzgitter-ag.de

Branche: Iron & Steel
ISIN: DE0006202005
WKN: 620200
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade
Börse Hannover / regulated dealing