WACKER expects record sales and earnings for 2007

- Sales climb 13 percent to €3.78 billion

- EBITDA up 27 percent to €1 billion

- Earnings per share estimated at €8.50

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Munich (euro adhoc) - February 14, 2008 - According to its
preliminary business results for fiscal 2007, Wacker Chemie AG saw
another record year in terms of sales and earnings. The Munich-based
chemical company boosted its sales by 13 percent to EUR3.78bn (2006:
EUR3.34bn), thanks chiefly to volume gains and higher product prices.
Earnings growth was double that of sales despite negative
exchange-rate effects. EBITDA (earnings before interest, tax,
deprecation and amortization) reached EUR1bn (2006: EUR786.3m), up 27
percent. The EBITDA margin was 26.5 percent (2006: 23.6 percent). In
Q4 2007, WACKER´s sales and EBITDA were significantly higher than in
the comparable prior-year quarter. Earnings per share for 2007 are
expected to come in at about EUR8.50 based on a tax rate of some 33
percent. In 2006, earnings per share outstanding reached EUR6.46 at a
tax rate of 25 percent.

"In 2007, we achieved a return on capital employed of over 25
percent, which places us among the best in the chemical sector," said
Group CEO Peter-Alexander Wacker. "Demand for our products remains
strong, fueled by global growth trends - energy efficiency, climate
change, the progressive digitalization of our lives and the
increasing prosperity of emerging economies. We consider strong
demand to be a key factor driving our ability to continue outpacing
world GDP growth."

In 2007, WACKER POLYSILICON benefited from both price and
production-volume increases, the latter stemming from expanded
hyperpure polycrystalline silicon capacity. Polysilicon output rose
30 percent against 2006, reaching 8,100 metric tons. Based on
preliminary figures, WACKER POLYSILICON expects to post full-year
sales of EUR457m for 2007 (2006: EUR325.6m), a rise of 40 percent. At
EUR182m, EBITDA was up 54 percent (2006: EUR118.1m) despite higher
energy costs. In 2007, WACKER´s chemical divisions generated
full-year sales of EUR2.1bn (2006: EUR1.96bn). Growth was mainly
driven by substantial volume gains, although price increases also
played a role. According to preliminary figures, the chemical
divisions generated an EBITDA of about EUR343m (2006: EUR349.0m). Two
factors influenced performance. First, 2007´s raw-material costs rose
strongly compared to the prior year. Second, WACKER had to digest
high costs for the procurement of polymer precursors following a raw
material supplier´s unscheduled plant shutdown in Q4 2007. Both
factors meant that WACKER´s chemical divisions only just matched
their prior-year earnings level.

At Siltronic, sales grew 15 percent to EUR1.45bn in 2007 (2006:
EUR1.26bn). This rise was primarily due to higher production volumes.
Earnings were even more upbeat. Preliminary EBITDA soared 34 percent
to EUR478m (2006: EUR355.6m). Key factors fueling this surge were
shifts in the product mix toward 300 mm wafers and sales to the solar
industry, as well as efficiency gains.

The Q4 and fiscal 2007 figures and forecasts in this press release
are preliminary. Wacker Chemie AG will publish its Q4 Report and 2007
Annual Report on March 18, 2008.

This press release contains forward-looking statements based on
assumptions and estimates of WACKER´s Executive Board. Although we
assume the expectations in these forward-looking statements are
realistic, we cannot guarantee they will prove to be correct. The
assumptions may harbor risks and uncertainties that may cause the
actual figures to differ considerably from the forward-looking
statements. Factors that may cause such discrepancies include, among
other things, changes in the economic and business environment,
variations in exchange and interest rates, the introduction of
competing products, lack of acceptance for new products or services,
and changes in corporate strategy. WACKER does not plan to update the
forward-looking statements, nor does it assume the obligation to do
so.

end of announcement euro adhoc
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ots Originaltext: Wacker Chemie AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Christof Bachmair

Media Relations & Information

Tel. +49 89 6279-1830

E-Mail:christof.bachmair@wacker.com

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard