EANS-News: Klöckner & Co SE / 2010: Change in management at Klöckner & Co SE

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professional career

Duisburg (euro adhoc) - Duisburg, March 30, 2009 - At its meeting
today, the Supervisory Board of Klöckner & Co SE approved the request
by Dr. Thomas Ludwig (60) that he may resign from the position of
Chairman of the Management Board with effect from December 31, 2009.
At the same time, Gisbert Rühl (50) was appointed as Dr. Ludwig´s
successor with effect from January 1, 2010.

Having worked for the Klöckner Group for 25 years, with 10 years as a
member of the Management Board and 6 years as Chairman, Dr. Ludwig
stated that he wished to complete the generational change in the
Group´s management that had been planned for some time. "The Company
has enjoyed a period of incredibly successful development under his
leadership," commented Prof. Dieter H. Vogel, Chairman of the
Supervisory Board of Klöckner & Co SE. After taking up the position
of Chairman of the Management Board in 2003, Dr. Ludwig helped the
Company to emerge from a difficult situation and led it to a
successful listing on the Frankfurt Stock Exchange in 2006. The
subsequent growth phase further reinforced Klöckner & Co´s market
position in Europe and North America. This is clearly underlined by
the record figures adopted by the Supervisory Board at its meeting
today. "The Supervisory Board would like to thank Dr. Ludwig for his
many years of outstanding service to the Company," Vogel added.

Gisbert Rühl has been a member of the Management Board and CFO since
mid-2005. He was responsible for the IPO and the complete refinancing
of the Company. "Working in close cooperation with Dr. Ludwig,
Gisbert Rühl has made a key contribution to the Company´s positive
development. He has all of the necessary skills to take the Company
through a difficult market phase," Vogel stressed. Prior to joining
Klöckner & Co SE, Gisbert Rühl gained many years of experience in
management positions at global corporations and consultancy firms.

The Supervisory Board will decide on the appointment of a new member
to the Management Board in due course.

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

Further inquiry note:

Peter Ringsleben - Corporate Communications

Phone: +49-203-307-2800

E-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf - Corporate Communications

Phone: +49-203-307-2289

E-mail: claudia.uhlendorf@kloeckner.de

Dr. Thilo Theilen - Investor Relations

Phone: +49-203-307-2050

E-Mail: thilo.theilen@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: 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