Saint-Gobain Oberland AG / Acquisition 02.07.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Bad Wurzach, July 02, 2008 Having obtained the approval of all Russian authorities including the Federal Antimonopoly Service (FAS of Russia) Saint-Gobain Oberland AG (plc.) has now acquired the majority of the voting rights and thus the control of the glassworks ZAO Kamyshinsky Steklotarny Zawod in Kamyshin, Russia. With the fulfilment of all of the conditions of the purchase agreement dated March 27, 2008 the transfer of shares and voting rights could be carried out. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Located in the Volgograd region, this glass production site mainly produces jars and clear glass bottles for the food and beverage industry. In 2007, this facility, manufactured 500 million glass containers with more than 1,000 employees and generated sales of 42 million euros. With more than 15,000 employees worldwide, Saint-Gobains Packaging Sector is a leading global player specializing in glass packaging for the food and beverage industries. World leader and reference partner for its customers in the wines and spirits and jar markets, Saint-Gobain Packaging has strong positions in Western Europe, the United States, Latin America, and Eastern Europe. In 2007, the Packaging Sectors sales amounted to 3.4 billion euros, of which ten percent in bottles and jars in emerging countries. Contact: Cornelia Banzhaf Public Relations Managerin Oberlandstraße 88410 Bad Wurzach Tel.: 07564 18 255 e-Mail: cornelia.banzhaf@saint-gobain.com DGAP 02.07.2008 --------------------------------------------------------------------------- Language: English Issuer: Saint-Gobain Oberland AG Oberlandstraße 88410 Bad Wurzach Deutschland Phone: 07564-18 255 Fax: 07564-18 461 E-mail: cornelia.banzhaf@saint-gobain.com Internet: www.saint-gobain.com ISIN: DE0006851603 WKN: 685160 Listed: Regulierter Markt in Frankfurt (General Standard), München, Stuttgart; Freiverkehr in Berlin End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Saint-Gobain Oberland takes over ZAO Kamyshinsky Steklotarny Zawod
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