euro adhoc: Klöckner & Co AG / Mergers - Acquisitions - Takeovers / Klöckner & Co Aktiengesellschaft / Acquisition of Temtco Steel in the US • Acquisition of a leading distributor of specialty

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Company Information

04.04.2008

Duisburg, April 4, 2008 - Via its US operating subsidiary - Namasco
Corporation headquartered in Atlanta, Georgia - Klöckner & Co AG has
entered into an agreement to acquire the operating assets of the
distribution company Taylor Equipment and Machine Tool Corporation
(dba Temtco Steel), headquartered in Louisville, Mississippi. The
acquisition is still subject to the approval of the American
anti-trust authorities.

Temtco Steel is a leading distribution company for specialty plate
with a large share of processing. Temtco Steel employs some 180 staff
in 5 locations in the US and generated sales of approximately EUR226
million in 2007.

After the acquisition of Primary Steel last year, a company which
also has a focus on specialty plate, Klöckner & Co, through Namasco
Corporation, continues to expand its market position for specialty
plate and strengthens its presence in the North American steel and
distribution market.

Issuer: Klöckner & Co Aktiengesellschaft, Am Silberpalais 1, D 47057
Duisburg ISIN: DE000KC01000; WKN: KCO0100 Listed: Amtlicher Markt /
Prime Standard; Frankfurter Wertpapierbörse Further information can
be obtained on the webpage of Klöckner & Co: www.kloeckner.de

Contact persons:
Peter Ringsleben - Corporate Communications
Phone: +49 (0) 203 307 - 2800
E-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf - Corporate Communications
Phone: +49 (0) 203 307 - 2289
E-mail: claudia.uhlendorf@kloeckner.de

Claudia Nickolaus - Investor Relations
Phone: +49 (0) 203 307 - 2050
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:

Claudia Uhlendorf

Public Relations

Telefon: +49(0)203-307-2289

E-Mail: claudia.uhlendorf@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