EANS-General Meeting: Schoeller-Bleckmann Oilfield Equipment AG / Resolutions of the General Meeting

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Schoeller-Bleckmann Oilfield Equipment AG: Annual General Meeting
adopts resolution to increase dividend to EUR 1.20 per share - share
buyback programme renewed

Ternitz/Vienna, 25 April 2012. The Annual General Meeting of
Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX
segment of the Vienna Stock Exchange, resolved to increase the
dividend for fiscal 2011 from EUR 1.00 last year to EUR 1.20. The
ex-dividend and dividend payment date was set at 9 May 2012.

Furthermore, the Executive Board was authorised, for a maximum period
of 30 months following the date of the resolution, to acquire own
shares of the company and to withdraw acquired own shares, or to
re-sell them and determine the terms of sale without any further
resolution by the Annual General Meeting.

The Executive Board and the Supervisory Board were granted discharge
for fiscal 2011 by the Annual General Meeting.

All mandates of the members of the Supervisory Board came to their
end at the conclusion of this year's Annual General Meeting. At the
elections to the Supervisory Board the mandates of Mag. Norbert
Zimmermann, Dr. Peter Pichler, Dr. Karl Schleinzer, Mag. DI Helmut
Langanger and Karl Samstag were renewed for another period.

The Annual General Meeting also adopted amendments to the Articles of
Association, in particular for adjusting them to changed legal
provisions.

For the current fiscal year, SST Schwarz & Schmid
Wirtschaftsprüfungsges.m.b.H. Wirtschaftsprüfungs- und
Steuerberatungsgesellschaft was appointed auditor of the annual
financial statements of the company, and Ernst & Young
Wirtschaftsprüfungsgesellschaft m.b.H. was appointed auditor of the
consolidated financial statements.

Schoeller-Bleckmann Oilfield Equipment AG is the global market leader
in high-precision components for the oilfield service industry. The
business focus is on non-magnetic drillstring components for
directional drilling. Worldwide, SBO has employed a workforce of 1459
as at 31 December 2011 (31 December 2010: 1275), thereof 412 in
Ternitz/Austria and 635 in North America (including Mexico).

SBO financial calendar 2012

9 May 2012 Ex-dividend day, dividend payment date
23 May 2012 Result Q1 / 2012
23 August 2012* Result H1 / 2012
21 November 2012 Result Q3 / 2012

* Publication of first-half results for 2012 was postponed to 23
August 2012.

Further inquiry note:
MMag Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501
E-Mail: f.schuetz@sbo.co.at

end of announcement euro adhoc
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issuer: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English