Swiss FE Group AG: New economic analysis on the plans for a container harbour in Izmir

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Baar (euro adhoc) - Last week HPC Hamburg Consulting GmbH forwarded a
new economic analysis on the plans for a container harbour in
Izmir/Turkey to Tayfun Ports AS, as was already announced in February
by Swiss FE Group AG. In January 2007 Swiss FE Group AG signed a
letter of intent (LoI) with Turkish Tayfun Ports AS concerning the
cooperation within the scope of the harbour project in Izmir. For the
next two weeks the persons responsible for Tayfun Ports AS have the
opportunity to check out the details of the study and to contact HPC
with further enquiries. At the beginning of May there will be an
official presentation of the economic analysis with representatives
of Tayfun Ports AS in Hamburg/Germany or Izmir.

After this presentation proceedings will be entered by Swiss FE Group
AG and Tayfun Ports AS about further agreements considering the new
HPC study. Persons in charge of Swiss FE Group AG anticipate the
announcement of their decision on the participation in the harbour
project by the end of June 2008.

That Izmir is an interesting location for logistic activities is
proven by the fact that a private group of companies (amongst others
Hutchison Whampoa) took over the state-run harbour of Izmir for 1,275
m. US-Dollar in May 2007. Compared to the planned container harbour
this Izmir harbour is located in the centre of the city and does not
include the necessary water depth for modern and big ships.

Swiss FE Group AG, a company located in the Swiss canton Zug, lies a
main focus on the investment in companies in the metal industrie. At
the subsidiary TISAN Steel AS in Izmir, in the industrial area of
Issikent, steel ashlars have been worked into bar steel ever since
1985. It has predominantly been used for the production of
ferroconcrete in the building industry.

The shares of Swiss FE Group AG (WKN: A0LFD1, ISIN: CH0027609046)
are traded in BX Berne Exchange and in the Open Market of Deutsche
Börse Frankfurt.

end of announcement euro adhoc
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ots Originaltext: Swiss FE Steel Group AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Swiss FE Group AG

Dipl. Ing. Cihangir Demirci

Tel.: +41 / 41 / 767 28 55

E-Mail: ir@swiss-fe.ch

Branche: Stahl/Eisen

ISIN: CH0027609046

Branche: Iron & Steel
ISIN: CH0027609046
WKN: 2760904
Börsen: BX Berne eXchange / regulated dealing
Börse Frankfurt / free trade