Acquisition strengthens RHI´s worldwide ISO business

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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
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merger, acquisition and takeover

Wien (euro adhoc) - The acquisition of two refractories ISO plants in
Scotland (Bonnybridge) and the USA (Saybrook) by RHI AG has been
completed successfully on 16 April 2008 following the approval by the
European and US anti-trust authorities. RHI takes over the two
plants, which were previously operated by Foseco plc, from the
Cookson Group plc, the new owner of Foseco. The parties agreed to
keep the purchase price confidential.

The business unit will be fully integrated into RHI´s ISO business
and ideally complements RHI´s portfolio in terms of product range and
regional market penetration.

ISO products - isostatically pressed ceramic refractory products -
ensure the safe and controlled oxidation-proof transfer of liquid
steel in the continuous casting plant from the steel ladle through
the tundish to the mould.

RHI´s ISO segment will in the future comprise the plants in Saybrook
(USA), Clydebank and Bonnybridge (Scotland), Dalian (China) and
Trieben (Austria). The worldwide production and service network
provides optimal service for customers in all regions.

With this acquisition, RHI takes over additional ISO expertise as
well as trade mark rights and patents of the renowned DELTEK product
brand. Following the integration of Deltek, RHI will double revenue
from the ISO business and is now the clear number 2 worldwide in this
strategically important segment of the steel industry. With this
global presence, RHI is optimally positioned to realise future
potential worldwide. RHI thus strengthens its successful key account
strategy further and offers globally operating customers worldwide
partnership in the high-tech segment ISO.

end of announcement euro adhoc
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ots Originaltext: RHI AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

RHI AG

Investor Relations

Mag. Barbara Potisk

Tel: +43-1-50213-6123

Email: barbara.potisk@rhi-ag.com

Branche: Refractories
ISIN: AT0000676903
WKN: 874182
Index: ATX Prime
Börsen: Wiener Börse AG / official dealing


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