DGAP-Adhoc: SGL CARBON SE: Based on the preliminary results of fiscal year 2013 and the weak start into the new year the Board of Management of SGL Carbon SE will not propose a dividend payment for fiscal year 2013

| Source: EQS Group AG
SGL CARBON SE  / Key word(s): Preliminary Results/Dividend

20.02.2014 18:20

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Wiesbaden, 20 February 2014. SGL Carbon SE has completed an extremely
difficult fiscal year 2013. In June 2013 the full year EBITDA guidance was
reduced to 50 − 60% below the prior-year level of EUR240 million. According
to preliminary results, the Company has achieved this full year guidance at
the lower end of the range due to a further weak development in the fourth
quarter 2013. In addition to the weak operational result, the earnings
situation was significantly burdened by impairment charges in the Business
Area Carbon Fibers & Composites (CFC) and in the deferred tax assets, which
were already recorded in the second quarter 2013. As anticipated, the
measures defined in the cost savings program SGL2015, which have already
been partially implemented, have led to restructuring expenses in the
second half year of 2013. As announced, these expenses amount to a high
double-digit million euro figure. Altogether, SGL Group expects a Group net
loss of almost EUR400 million.

The negative trends observed in the final quarter 2013 have continued into
the first weeks of the new fiscal year 2014, particularly in the main
business with graphite electrodes. If this development does not improve
significantly in the course of the year, it will be difficult to achieve
the operating earnings level of 2013, as the expected improvements in most
other Business Units will not suffice to compensate for the decline in the
graphite electrode business.

In light of the high net loss in the fiscal year 2013 as well as the weak
start into the new year, the Board of Management of SGL Carbon SE will not
propose a dividend payment for the fiscal year 2013. The Company feels
committed to its shareholders to resume payment of a continuous, earnings
related dividend with the sustainable recovery of profitability.

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Language:     English
Company:      SGL CARBON SE
              Söhnleinstraße 8
              65201 Wiesbaden
Phone:        +49 (0)611 6029 - 0
Fax:          +49 (0)611 6029 - 101
E-mail:       investor-relations@sglgroup.com
Internet:     www.sglgroup.de
ISIN:         DE0007235301, DE000A1YC9C9
WKN:          723530, A1YC9C
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement                             DGAP News-Service