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Abonner Klöckner & Co AG

Klöckner & Co AG

Sale of Canadian subsidiary Namasco Ltd. concluded

Duisburg (euro adhoc) -

•	Announced transaction is completed
•	Intensified focus on core business
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/Sale
Duisburg - July 9, 2008 - Klöckner & Co
concluded the sale of its Canadian subsidiary Namasco Ltd. to Samuel,
Son & Co. Ltd. yesterday. The sale has been approved by Canadian 
antitrust officials.
The primary business of Namasco Ltd. is processing flat-rolled metal 
products for the North American automotive industry. The focus on 
OEM-accounts in automotive is not one of the core businesses at 
Klöckner & Co Group.
"By divesting ourselves of Namasco Ltd., we are focusing on our 
strengths. Particularly since we acquired the U.S. companies Primary 
Steel and Temtco Steel, we have become one of the leading providers 
of high-quality heavy plates in North America," says Dr. Thomas 
Ludwig, CEO of Klöckner & Co AG.
About Klöckner & Co: Klöckner & Co is the largest 
producer-independent distributor of steel and metal products in the 
European and North American markets combined. The core business of 
the Klöckner & Co Group is the storage and distribution of steel and 
non-ferrous metals. About 210,000 active customers are supplied 
through more than 260 distribution locations in 15 countries in 
Europe and North America. During the financial year 2007, the Company
achieved sales of approximately EUR6.3 billion with more than 10,000 
employees.
The shares of Klöckner & Co Aktiengesellschaft are admitted to 
trading on the official market segment (Amtlicher Markt) of the 
Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with 
simultaneous admission to the sub-segment (Prime Standard) to the 
official market with further post-admission obligations. ISIN: 
DE000KC01000; WKN: KC0100; Common Code: 025808576. Klöckner & Co 
shares are listed in the MDax® Index of Deutsche Börse.
end of announcement                               euro adhoc

Further inquiry note:

Contact persons:
Peter Ringsleben, Claudia Uhlendorf - Corporate Communications

Peter Ringsleben
Phone: +49-203-307-2800
Fax: +49-203-307-5060
E-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf
Phone: +49-203-307-2289
Fax: +49-203-307-5103
E-mail: claudia.uhlendorf@kloeckner.de

Claudia Nickolaus - Investor Relations
Phone: +49-203-307-2050
Fax: +49-203-307-5025
E-Mail: claudia.nickolaus@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: MDAX, CDAX, Classic All Share, 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

Plus de actualités: Klöckner & Co AG
Plus de actualités: Klöckner & Co AG