RHI Group with excellent start to the financial year 2007

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

finances

Wien (euro adhoc) - The RHI Group reported revenue in the amount of
EUR 361.2 million in the first quarter of 2007 (previous year: EUR
329.3 million), up 9.7%. EBITDA in the RHI Group rose to EUR 54.3
million (previous year: EUR 42.3 million); EBIT improved by a very
positive 32.8% to EUR 42.1 million (previous year: EUR 31.7 million).
The EBIT margin, at 11.7% (previous year: 9.6%), also clearly
exceeded the figure of the previous year. The operating earnings
power thus continued to improve. Profit before income taxes from
continuing operations (Refractories, other) amounted to EUR 32.8
million (previous year: EUR 25.3 million); profit was up 27.3% to EUR
28.9 million. The RHI Group profit, at EUR 28.9 million (previous
year: EUR 28.3 million), was up 2.1% because a profit in the amount
of EUR 5.6 million from the discontinued Insulating operations was
included in the first quarter of 2006.

RHI´s Steel Division recorded above-average growth and gained market
share again in important markets. Revenue in the steel segment
increased 13.6% to EUR 220.0 million (previous year: EUR 193.7
million); the EBIT margin improved to a positive 9.1% (previous year:
7.8%). RHI´s Industrial Division reported revenue in the amount of
EUR 129.2 million (previous year: EUR 123.7 million), up 4.4%. At
12.3%, the EBIT margin maintained the good level of the previous
year. The RHI Division Raw Materials, Production, Other reported
revenue amounting to EUR 241.3 million; adjusted for deliveries to
the Steel and Industrial Divisions, external revenue was EUR 12.0
million (previous year: EUR 11.9 million). EBIT and the EBIT margin
exceeded the comparable figures of the previous year with good
utilisation of all RHI raw material and production sites.

After the good business development in the first quarter of 2007, the
level of incoming orders clearly exceeds that of the previous year.
RHI is continuing to expand capacity in China and India in 2007 in
order to lay the foundation for further profitable growth. RHI aims
to reach a two-digit EBIT margin again based on a successful
implementation of price increases to cover further increases in costs
in 2007. Overall, RHI´s consolidated revenue and operating result
2007 are expected to exceed the level of the previous year. RHI´s
objective is to increase revenue to EUR 2.0 billion by 2010 through
organic growth and targeted acquisitions and to raise its world
market share to over 15%.

end of announcement euro adhoc 03.05.2007 08:00:00
--------------------------------------------------------------------------------

ots Originaltext: RHI AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
RHI AG
Investor Relations
Dkfm. Markus Richter
Tel: +43-1-50213-6123
Email: markus.richter@rhi-ag.com

Branche: Refractories
ISIN: AT0000676903
WKN: 874182
Index: ATX Prime
Börsen: Wiener Börse AG / official dealing