DGAP-News: SKW Stahl-Metallurgie Holding AG: European

SKW Stahl-Metallurgie Holding AG / Legal Matter

26.06.2008

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Press release

European Commission states objections&#61607; Suspicion of behavior contrary to antitrust laws in European
calcium carbide and magnesium sector&#61607; SKW Metallurgie reviews allegations

Unterneukirchen (Germany), June 26, 2008. The European Commission has
carried out investigations against several companies in the calcium carbide
sector because of the suspicion of behavior contrary to antitrust laws.
Today, the Commission informed SKW Stahl-Metallurgie Holding AG (ISIN
DE000SKWM013) and its subsidiary SKW Stahl-Metallurgie GmbH of the
so-called statement of objections. In that statement the Commission raises
the accusation of a coordination of business behavior contrary to antitrust
laws between several companies in connection with the sale of calcium
carbide powder and of magnesium granules.
The submission of a statement of objections is part of the routine
procedure in antitrust cases and is intended to grant the company involved
the opportunity to make a statement. The proceedings proper may last for a
longer period, with undetermined result. The time period investigated by
the Commission in the case of SKW Metallurgie encompasses the period from
April 2004 to January 2007. The annual sales volumes that SKW Metallurgie
realized with the products in question amounted to ca. 25 million. Only
trading business in Europe belonging to the 'Powder and Granules' segment
is concerned. SKW Metallurgie acquired this business only in September 2004
as successor of the then Degussa AG.

In case the Commission should determine a breach of art. 81 EC by companies
of the SKW Metallurgie Group, a fine may be imposed against SKW
Metallurgie. SKW Metallurgie has provided all relevant information to the
competent authorities during the investigation period and has cooperated in
the best way possible. The company will continue doing so.
Executive Board reviews allegations
SKW Metallurgie has documented in detail the topic in question since the
annual accounts 2006 as part of its Annual Reports. In case of new
developments, SKW Metallurgie will continue informing the public
immediately and transparently. As next step, SKW Metallurgie will subject
the allegations entailed in the statement of objections to a detailed legal
analysis. SKW Metallurgie cannot state at present whether, and if so to
what extent, fines may be imposed against companies of the SKW Metallurgie
Group.

Further information on SKW Metallurgie can be found online at:
www.skw-steel.com

Contact:
SKW Stahl-Metallurgie Holding AG
Christian Schunck
Head of Investor Relations and Corporate Communications
Fabrikstraße 6
84579 Unterneukirchen
Germany
Tel.: +49 8634 -617596
Fax: +49 8634 -617594
E-Mail: schunck@skw-steel.com
Internet: www.skw-steel.com

About SKW Stahl-Metallurgie Holding AG
SKW Metallurgie is the global market leader for chemical additives for hot
metal desulfurization, and for cored wire used in secondary metallurgy. The
Groups products enable steel-makers to efficiently manufacture
high-quality steel products. Clients include the world's leading companies
in the steel industry. The SKW Metallurgie Group has more than 50 years of
metallurgical know how, and currently operates in more than 40 countries.
Approximately 44% of revenues are recorded in Europe and approx. 42% in the
NAFTA region (2007; ESM revenues included as of initial consolidation).
What is more, the Group is a leading supplier of Quab specialty chemicals,
which are mainly used in the global production of industrial starch for the
paper industry. SKW Metallurgies operations are structured into the three
business segments 'Cored Wire', 'Powder and Granules', and 'Quab'. The SKW
Metallurgie Group is headquartered in Germany with production facilities in
France, the US (6), Canada, South Korea, the Peoples' Republic of China (2)
and India (2 via joint ventures)..
Shares of SKW Stahl-Metallurgie Holding AG have been listed in Frankfurt
Stock Exchange's Prime Standard since December 1, 2006 with ISIN
DE000SKWM013. SKW Stahl-Metallurgie Holding AG shares are listed in the
SDAX.

DISCLAIMER
This press release contains statements on future developments that are
based on currently available information and involve risks and
uncertainties that could cause the actual results to differ from these
forward-looking statements. These risks and uncertainties include, for
example, unforeseeable changes to political and economic conditions, in
particular in the steel and paper production industry, the competitive
situation, changes in interest rates and exchange rates, technological
developments and other risks and unexpected circumstances. SKW
Stahl-Metallurgie Holding AG and its Group companies accept no obligation
to update such forward-looking statements.

DGAP 26.06.2008
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Language: English
Issuer: SKW Stahl-Metallurgie Holding AG
Fabrikstrasse 6
84579 Unterneukirchen
Deutschland
Phone: +49 (0)8634 61 7596
Fax: +49 (0)8634 61 7594
E-mail: info@skw-steel.com
Internet: www.skw-steel.com
ISIN: DE000SKWM013
WKN: SKWM01
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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DGAP-News: SKW Stahl-Metallurgie Holding AG: European Commission states objections