EANS-General Meeting: RHI AG / Invitation to the General Meeting

--------------------------------------------------------------------------------
General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
--------------------------------------------------------------------------------

We hereby invite our shareholders to the
31st Annual General Meeting of RHI AG
on Friday, 30 April 2010, at 10:00 a.m,
at Haus der Industrie, 1030 Vienna, Schwarzenbergplatz 4.

ISIN AT0000676903

Agenda

1. Presentation of the approved financial statements and notes,
consolidated financial statements 2009, as well as the management
report and the group management report, the Corporate Governance
report and the report of the Supervisory Board for the financial
year 2009. 2. Resolution on the allocation of accumulated profit. 3.
Resolution on the acceptance of the report of the members of the
Management Board for the financial year 2009. 4. Resolution on the
acceptance of the report of the members of the Supervisory Board
for the financial year 2009. 5. Appointment of the auditor of the
financial statements and consolidated financial statements for the
financial year 2010. 6. Resolution on the remuneration of the members
of the Supervisory Board for the financial year 2009. 7. Election
of Supervisory Board members 8. Resolution on the creation of new
authorised capital for a cash capital increase [Authorised Capital
2010], maintaining the authorised capital in accordance with the
resolution of the Annual General Meeting on 29 May 2008
[Authorised Capital 2008], as follows: "Resolution on the
authorisation of the Management Board pursuant to § 169 of the
Stock Corporation Act (AktG) to increase share capital, with the
approval of the Supervisory Board but without further approval by the
Annual General Meeting until 30 April 2015 - in several tranches -
in return for a cash contribution by up to EUR 43,406,425.75 by
issuing up to 5,972,855 no- par bearer shares with voting rights
and to determine the issue price, the issue conditions and further
details regarding the implementation of the capital increase.
The Supervisory Board shall be authorised to amend § 5 of the
articles of association in accordance with the volume of the
capital increase from authorised capital [Authorised Capital
2010]." 9. Resolution to authorise the Company to acquire treasury
shares in accordance with § 65 para. 1 (4) AktG (continuation of
the employee stock ownership plan 4+1). 10.Resolution on the
amendment of the articles of association for the purpose of
adapting it to the amended legal regulations - Stock Corporation
Amendment Act 2009 as well as an amendment of § 5 with a view to
agenda item 8.

Documents for the Annual General Meeting From 09 April 2010, the
following documents will be available to shareholders for inspection
during office hours, Monday - Friday 09:00 - 16:00, at the head
office of the Company at 1100 Vienna, Wienerbergstraße 11, Investor
Relations Department, Ms. Barbara Potisk-Eibensteiner: • Annual
financial statements and management report, • Corporate Governance
report, • Consolidated financial statements and group management
report, • Proposal of the allocation of accumulated profit, • Report
of the Supervisory Board,

all of the above documents for the financial year 2009; • Draft
resolutions on agenda items 2 - 10, • Statements by the candidates
for the election to the Supervisory Board regarding agenda item 7
in accordance with § 87 para. 2 AktG, • Articles of association,
including indication of the proposed amendments

This information as well as the complete text of this convening
notice and the forms for granting and revoking a power of attorney in
accordance with § 114 AktG will also be available on die Internet
www.rhi-ag.com from 09 April 2010 and at the Annual General Meeting.

Rights of shareholders in accordance with §§ 109, 110 and 118 AktG
Shareholders whose combined shareholdings equal 5% of share capital
and who have held these shares for a minimum of three months prior to
filing this request may request in writing that additional items be
put on the agenda and published, if the Company receives this request
is in writing by 09 April 2010, exclusively at the address 1100
Vienna, Wienerbergstraße 11, Attn. Ms G. Célia Konrad, Esq., General
Counsel/Head of Legal Dept. Each agenda item thus requested has to be
accompanied by a draft resolution and a justification. In case of
bearer shares held in deposits, a deposit confirmation in accordance
with § 10a AktG, which confirms that the shareholders filing the
request have held the shares for at least three months prior to
filing the request and which must not be older than seven days when
presented to the Company, shall suffice to prove the shareholder
status. Regarding further requirements for the deposit confirmation
refer to the details on entitlement to participation.

Shareholders whose combined shareholdings equal 1% of share capital
may submit draft resolutions in text form including a justification
for each agenda item and demand that these proposals, together with a
justification and, if applicable, a statement by the Management Board
or Supervisory Board, are published on the website of the Company,
provided that this request in text form arrives at the Company on 21
April 2010 at the latest, either per fax +43 (1) 50213 6281 or at
1100 Vienna, Wienerbergstraße 11, Attn. Ms. G. Célia Konrad, Esq.,
General Counsel/Head of Legal Dept., or per e-mail
hauptversammlung@rhi-ag.com. The request in text form, for example in
PDF format, must be attached to the e-mail. In the case of a proposal
regarding the election of a Supervisory Board member the
justification shall be replaced with a statement of the person
proposed in accordance with § 87 para. 2 AktG. In the case of bearer
shares held in a deposit, a deposit confirmation in accordance with§
10a AktG is sufficient as evidence of the shareholder status to
exercise this shareholder right. This deposit confirmation shall not
be older than seven days when presented to the Company. Regarding
further requirements for the deposit confirmation refer to the
details on entitlement to participation.

For bearer shares not held in a deposit, a written confirmation of a
notary public, to which the above requirements for a deposit
confirmation apply, shall be sufficient.

Each shareholder shall, upon request, be informed about the Company´s
activities as far as this is necessary for a proper assessment of an
agenda item. Information may be refused if, based on reasonable
commercial judgement, it could cause a substantial disadvantage for
the Company or an affiliated company, or if providing such
information constituted an offence.

Questions which require longer preparation should be submitted to the
Management Board in time before the Annual General Meeting in order
to ensure an efficient session.

Further information regarding the rights of shareholders in
accordance with §§ 109, 110, 118 and 119 AktG, are available
immediately on the website of the Company at www.rhi-ag.com.

RECORD DATE AND PARTICIPATION IN THE ANNUAL GENERAL MEETING Due to
the amendments of the Stock Corporation Act (AktG) stipulated by the
Stock Corporation Amendment Act 2009, the provisions of the articles
of association regarding the convening of the Annual General Meeting,
depositing shares and the entitlement to participate in and vote at
the Annual General Meeting are not applicable. The entitlement to
participate in the Annual General Meeting and to exercise the voting
rights and other shareholder rights to be exercised at the Annual
General Meeting, are conditional on the shareholdings at the end of
20 April 2010 (record date).

Only persons who are shareholders on this record date and provide
evidence of it are entitled to participate in the Annual General
Meeting.

Bearer shares held in a deposit In the case of bearer shares held in
a deposit, a deposit confirmation in accordance with § 10a AktG is
sufficient as evidence of shareholding on the record date. This
deposit confirmation must be received by the Company at the latest on
27 April 2010, at one of the following addresses only.

Per post RHI AG
(in written form) Investor Relations
Attn. Ms Barbara Potisk-Eibensteiner
Wienerbergstraße 11
1100 Vienna
Per SWIFT GIBAATWGGMS
(Message Type MT598; please indicate ISIN AT0000676903
in the text)
Per fax: +43 (1) 8900 500 - 52
Per e-mail: anmeldung.rhi@hauptversammlung.at; the deposit
confirmation in text form, for example as a PDF, must be
attached to the e-mail.

Bearer shares not held in a deposit
For bearer shares not held in a deposit, a written confirmation by an Austrian
notary public, which the Company must receive at one of the aforementioned
addresses only, is sufficient.

For the content of the confirmation by the notary public, the
following applies mutatis mutandis (except the deposit number).

Deposit confirmation in accordance with § 10a AktG The deposit
confirmation must be issued by a depositary bank domiciled in a
member state of the European Economic Area or a full member state of
the OECD and must contain the following details: • Details of the
issuer: name/company and address or a code commonly used in
dealings between banks (SWIFT-Code), • Details of the shareholder:
name/company, address, date of birth for natural persons; for legal
entities, if applicable, register and register number, • Information
regarding shares: number of shares held by the shareholder; ISIN
AT0000676903, • Deposit number or other description, • Point of time
which the deposit confirmation refers to.

The deposit confirmation as evidence of shareholdings must refer to
the above-mentioned record date 20 April 2010.

The deposit confirmation will be accepted in German or English.

Shareholders will not be blocked by a registration for the Annual
General Meeting or by submitting a deposit confirmation; therefore,
shareholders are free to dispose of their shares after having
registered for the Annual General Meeting or having submitted a
deposit confirmation.

REPRESENTATION BY PROXY All shareholders entitled to participate in
the Annual General Meeting have the right to appoint a representative
(proxy) who attends the Annual General Meeting on behalf of the
shareholder and has the same rights as the shareholder he/she
represents.

The power of attorney must be granted to a specific person (natural
person or legal person) in text form. It is also possible to grant
power of attorney to several persons.

The power must be received by the Company at one of the following
addresses only:

Per post RHI AG
(in written form) Investor Relations
Attn. Ms Barbara Potisk-Eibensteiner
Wienerbergstraße 11
1100 Vienna
Per fax: +43 (1) 8900 500 - 52
Per e-mail: anmeldung.rhi@hauptversammlung.at; the power of attorney
in text form, for example as PDF, must be attached to the
e-mail.

Personally: at the registration at the venue of the Annual General
Meeting

An authorisation form for granting power of attorney and a form for
revoking power of attorney will be sent to shareholders upon request
and will be available on the website of the Company at www.rhi-ag.com
.

Unless the power of attorney is handed over personally at the
registration on the day of the Annual General Meeting, it must arrive
at the Company by 29 April 2010, 16.00 at the latest.

The aforementioned provisions for granting power of attorney apply
mutatis mutandis for a revocation of the power of attorney.

As a special service, a representative of the interest group
Interessenverband für Anleger, IVA, 1130 Vienna, Feldmühlgasse 22, is
available to shareholders as an independent representative to
exercise voting rights bound by instructions at the Annual General
Meeting; a special authorisation form is available for this purpose
on the website of the Company at www.rhi-ag.com. In addition, Dr.
Wilhelm G. Rasinger of IVA can be contacted directly by phone +43 1
8763343-0, fax +43 1 8763343-49 or e-mail wilhelm.rasinger@iva.or.at.

Total number of shares and interim certificates At the time the
Annual General Meeting is convened the share capital of the Company
amounts to EUR 289,376,212.84, divided into 39,819,039 no-par bearer
shares (shares). Each share has one vote. At the time of convening
the Annual General Meeting, the Company does not hold any treasury
shares, neither directly nor indirectly. The total of shares entitled
to participate and vote therefore amounts to 39,819,039 no-par shares
at the time of convening the Annual General Meeting. There are no
other types of shares.

In order to ensure smooth registration procedures shareholders are
requested to arrive at the location of the Annual General Meeting in
time before its beginning. Shareholders will be admitted to collect
voting cards starting at 9:00 a.m.

Shareholders who neither received admission cards nor copies the
deposit confirmation are kindly requested to bring a valid official
identity document to the Annual General Meeting.

Vienna, March 2010
The Management Board

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: RHI AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

RHI AG

Investor Relations

Barbara Potisk-Eibensteiner

Tel: +43-1-50213-6123

Email: barbara.potisk@rhi-ag.com

Branche: Refractories
ISIN: AT0000676903
WKN: 874182
Index: ATX Prime, ATX
Börsen: Wien / official dealing