EANS-News: Salzgitter AG: EUROPIPE extends successful reach to Australia The Mülheim-based large-diameter pipe manufacturer is the main supplier for the Ichthys LNG Project

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Contracts

Salzgitter (euro adhoc) - EUROPIPE GmbH, a joint venture of
Salzgitter Mannesmann GmbH and Aktien-Gesellschaft der Dillinger
Hüttenwerke, has successfully extended its reach to Australia and
will again be delivering the main part (410 kt; the equivalent to
60%) of a major offshore project. The Ichthys LNG Project (liquefied
natural gas) is to transport natural gas from the Ichthys Field to
Darwin via an 889 km subsea pipeline. The gas will be liquefied in
one of the world´s largest LNG facil-ities and shipped mainly to
Japan.

The project stands not only for sustainable economic benefits in
Australia but also for a long-term, stable supply of cleaner energy
which is to help Japan diversify its energy sources.

The production will run from April 2012 until February 2013 in the
EUROPIPE Group´s large-diameter pipe mill located in Mülheim an der
Ruhr, Germany. The order secures a significant part of the mill´s
production capacity during this period.

For more information, please see the website of EUROPIPE
(www.europipe.com).

Disclaimer: Some of the statements made in this report possess the
character of forecasts or may be interpreted as such. They are made
to the best of knowledge and belief, and by their nature are subject
to the proviso that no unforeseeable deterioration occurs in the
economy or in the specific market conditions pertaining to the
companies of the various divisions, but rather that the underlying
bases of plans and outlooks prove to be accurate as expected in terms
of their scope and timing. The company undertakes no obligation to
update any forward-looking statements.

Further inquiry note:
Markus Heidler
+49 (0) 5341/21-6105
heidler.m@salzgitter-ag.de

end of announcement euro adhoc
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company: Salzgitter AG
Eisenhüttenstraße 99
D-38239 Salzgitter
phone: +49 (0) 5341-21-3783
mail: info@salzgitter-ag.de
WWW: http://www.salzgitter-ag.de
sector: Iron & Steel
ISIN: DE0006202005
indexes: Midcap Market Index, MDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English