euro adhoc: Westag & Getalit AG / Earnings / Strong sales and earnings growth in the first quarter of 2007

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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14.05.2007

According to the Federal Statistical Office, incoming orders in the
building construction sector increased by 3.5% in the first two
months of 2007. Due to a sharp rise in domestic sales and strong
export growth, Westag & Getalit AG clearly outperformed the market in
the first quarter, with sales rising by 14.9% to EUR 54.8 million
(2006: EUR 47.7 million). All three divisions of Westag & Getalit AG
reported double-digit sales growth.

Export sales climbed 28.6% to EUR 13.4 million (2006: EUR 10.4
million). The export share rose to 24.4% (2006: 21.8%).

Earnings before income taxes rose by 49.1% to EUR 3.4 million in the
period under review (2006: EUR 2.3 million). The excellent earnings
performance is mainly attributable to the increase in sales revenues.
We have not been able yet to fully pass on the rising raw materials
prices to our customers in the form of increased sales prices. This
will be one of the tasks we need to tackle in the remaining course of
the year. Personnel expenses developed positively, not least due to
the good capacity utilisation.

Net profit climbed to EUR 2.1 million (2006: EUR 1.4 million), while
DVFA/SG earnings per share rose to EUR 0.38 (2006: EUR 0.25).

We are optimistic about the year 2007 and expect strong stimulation
from the investments made in 2006, especially the edge processing
line for doors, the new glue deck for face panels and the continuous
production of laminated boards. While we know that the percentage
increase in sales reported in the first three months cannot be
extrapolated, we nevertheless project good growth for the full year.

In the first quarter of 2007, we had to cope with another sharp rise
in raw materials prices, especially for particle boards. While our
customers increasingly realise that price increases are inevitable,
it will be a difficult task to raise our prices at the right time and
to a sufficient extent.

Overall, we are confident, however, that we will be able to generate
appropriate earnings before income taxes also in 2007.

Mr Markus Sander has been appointed to the Management Board of Westag
& Getalit AG with effect from July 1, 2007. He succeeds Mr Edmund
Volmer as Director of the Laminates/Elements Division. Mr Volmer, who
has managed the division very successfully for almost 25 years, will
retire on June 30, 2007.

end of announcement euro adhoc 14.05.2007 14:26:03
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ots Originaltext: Westag & Getalit AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Felix Huisgen
Tel.: +49 (0)5242 17 5350
E-Mail: huisgen@westag-getalit.de

Branche: Building materials
ISIN: DE0007775207
WKN: 777520
Index: Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / official dealing