RHI Magnesita

Technical problems in Norway have negative impact on annual result 2013

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
Earnings Forecast

In the course of the optimization process of the newly established fusion plant
in Norway, unexpected problems occurred during causter loading, which are
expected to have an adverse effect in the high single-digit million range on the
annual result over the coming months.

For the full year 2013, the Management Board of RHI AG still expects revenues at
the level of the previous year. However, realizing the operating result margin
of the year 2012 appears to be challenging in view of the new developments,
negative foreign currency effects in the second quarter and the persisting
difficult market conditions. As a result of the positive restructuring effects
from the closing of the Chapter 11 proceedings, the EBIT margin will continue to
significantly exceed the prior-year level.

Further inquiry note:
Investor Relations
Mag. Simon Kuchelbacher
Tel: +43-1-50213-6676
Email: simon.kuchelbacher@rhi-ag.com

end of announcement                               euro adhoc 

issuer:      RHI AG
             Wienerbergstrasse 9
             A-1100 Wien
phone:       +43 (0)50213-6123
FAX:         +43 (0)50213-6130
mail:     rhi@rhi-ag.com
WWW:      http://www.rhi-ag.com
sector:      Refractories
ISIN:        AT0000676903
indexes:     ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

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