DGAP-Adhoc: Klöckner-Werke AG: Provisional figures for the

Klöckner-Werke AG / Half Year Results

29.07.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Frankfurt am Main, 28 July 2008  Due to international economic momentum
slowing, the record figures of the previous year were not quite achieved.
However, the operating subsidiaries did achieve a slight upturn in
profitability.

At 519.3 million, sales achieved by the Klöckner Group in the first six
months of 2008 were 58.9 million lower than the equivalent figure of the
previous year, which was marked by the extraordinarily high order level in
2007. In the reporting period, total incoming orders declined to 475.7
million (previous year: 539.7 million).

EBIT in the first six months of the year at 19.5 million was down 3.9
million year-on-year. The decline is due entirely to the results impact at
the holding companies. On the other hand, the largest operating unit, the
KHS Group generated an EBIT of 19.9 million, exceeding its previous-year
result by 4 percent. Overall the Other Industrial Holdings segment repeated
the good operating result of the previous year.

EBT for the Klöckner Group at 14.0 million was 5.6 million lower than in
the comparable period of the previous year. Consolidated net income for the
period at 8 million was 13.1 million lower year-on-year. The reason for
this is the earnings impact from deferred taxes. Last year deferred tax
assets of 9.5 million were recognised on loss carryforwards of
Klöckner-Werke AG. In addition, differences between IFRS and HGB resulted
in deferred tax expenses of 3.6 million.

The half-year financial statements of the company will be published on
Friday, 8 August 2008.

The Management Board


Contract for enquiries:

Klöckner-Werke AG
Andrea Spiekermann
Media/Investor Relations
Tel.: 069 90026-510
Fax: 069 90026-44-510
kommunikation@kloecknerwerke.com


DGAP 29.07.2008 
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Language:     English
Issuer:       Klöckner-Werke AG
              Postfach 17 04 55
              60078 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69 900 26 0
Fax:          +49 (0)69 900 26 110
E-mail:       kommunikation@kloecknerwerke.de
Internet:     www.kloecknerwerke.de
ISIN:         DE0006780000
WKN:          678000
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard),
              Hannover, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service
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DGAP-Adhoc: Klöckner-Werke AG: Provisional figures for the first half-year 2008
