EANS-News: RHI AG / RHI AG takes over refractory specialty producer Stopinc AG

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Mergers - Acquisitions - Takeovers

Wien (euro adhoc) - Increase in the stake held from 50% to 100%
Strengthening in the area special products for steel and nonferrous
metals production

RHI AG, the world market leader in refractories, has taken over 100%
of Stopinc AG on January 18, 2012. Stopinc AG produces and sells
refractory special products for the usage in the iron and steel
industry. Previously RHI AG held a 50% stake in the Swiss company.

With this takeover, RHI AG strengthens the Flow Control segment,
which covers the regulated flow of liquid steel and nonferrous metals
in the production process. Stopinc AG is one of the world market
leaders in this segment with its Interstop brand and focuses on
special products. RHI AG will keep the brand and will continue to
expand its activities, especially in Asia, and to invest in research.

Stopinc AG, which is based in Hünenberg, Switzerland, will be
maintained as an independent company with production sites and sales
offices in the USA and China as well as service offices in Brazil,
India and Russia. The company´s 90 employees generated revenues of
29.4 million euros in the financial year 2010. In the course of
taking over Didier-Werke AG in 1996, RHI AG acquired a 50% stake in
Stopinc AG.

About RHI AG RHI AG is the world market and technology leader in
high-grade ceramic refractory materials. A global player with
Austrian roots, RHI employs roughly 8,000 people worldwide at 32
production sites in Europe, North and South America, South Africa and
China, and is represented by more than 70 sales offices on four
continents. The headquarters is located in Vienna, Austria. In the
first three quarters of 2011, RHI recorded revenues of EUR 1,280.8
million. (Q1-Q3 2011: EUR 1,122.0 million, financial year 2010: EUR
1,522.9 million). The RHI share is listed on the Prime Market of the
Vienna Stock Exchange (ATX).

Further inquiry note:
RHI AG
Investor Relations
Mag. Barbara Potisk-Eibensteiner
Tel: +43-1-50213-6123
Email: barbara.potisk@rhi-ag.com

end of announcement euro adhoc
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company: RHI AG
Wienerbergstrasse 9
A-1100 Wien
phone: +43 (0)50213-6123
FAX: +43 (0)50213-6130
mail: rhi@rhi-ag.com
WWW: http://www.rhi-ag.com
sector: Refractories
ISIN: AT0000676903
indexes: ATX Prime, ATX
stockmarkets: official market: Wien
language: English