Klöckner & Co AG further increases shareholding in the Swiss country operation

• Klöckner & Co now holds 98% of the shares in Debrunner Koenig
Holding AG

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investments

Duisburg (euro adhoc) - Duisburg, January 16, 2008 - Klöckner & Co
Aktiengesellschaft has acquired a further 20% of the shares in
Debrunner Koenig Holding AG. With these additional shares, Klöckner &
Co now holds 98% of all shares in the Swiss subsidiary Debrunner
Koenig Holding. In May 2007, Klöckner & Co had already increased its
share in Debrunner Koenig Holding by 18% to 78%. "By again increasing
our shareholding, we have now almost fully acquired the highly
profitable Swiss company Debrunner Koenig Holding. This is another
major success for our growth strategy," said Dr. Thomas Ludwig,
Chairman of the Management Board of Klöckner & Co AG.

Together with its subsidiaries Debrunner Acifer, Koenig Feinstahl,
Koenig Verbindungstechnik and Alu Menziken, Debrunner Koenig Holding
AG is a leading company in the multi metal distribution,
reinforcement and construction engineering, technical product and
fastening engineering sectors in Switzerland, employing more than
1,700 people.

About Klöckner & Co AG:

Klöckner & Co is the largest independent producer and distributor of
steel and metal products in the European and North American markets
combined. The core business of the Klöckner & Co Group is the storage
and distribution of steel and non-ferrous metals. About 200,000
active customers are supplied through approximately 250 distribution
locations in 15 countries in Europe and North America.

Klöckner & Co was founded more than 100 years ago by Peter Klöckner.
During the financial year 2006, the Company achieved sales of
approximately EUR5.5 billion with around 10,000 employees.

The shares of Klöckner & Co Aktiengesellschaft are admitted to
trading on the official market segment (Amtlicher Markt) of the
Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with
simultaneous admission to the sub-segment (Prime Standard) to the
official market with further post-admission obligations. ISIN:
DE000KC01000; WKN: KC0100; Common Code: 025808576. Klöckner & Co
shares have been listed in the MDax® Index of Deutsche Börse since
the end of January 2007.

Contact persons:
Klöckner & Co AG
Am Silberpalais 1
47057 Duisburg, Germany

Peter Ringsleben, Claudia Uhlendorf - Corporate Communications
Peter Ringsleben
Phone: +49-203-307-2800
Fax: +49-203-307-5060
E-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf
Phone: +49-203-307-2289
Fax: +49-203-307-5103
E-mail: claudia.uhlendorf@kloeckner.de

Claudia Nickolaus - Investor Relations

Claudia Nickolaus
Phone: +49-203-307-2050
Fax: +49-203-307-5025
E-Mail: claudia.nickolaus@kloeckner.de

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

Further inquiry note:

Nadine Hagemus

Phone: +49 (0)203 307 2288

email: nadine.hagemus@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: MDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade