euro adhoc: Schoeller-Bleckmann Oilfield Equipment AG / Financial Figures/Balance Sheet / Schoeller-Bleckmann Oilfield Equipment AG: Dynamic growth continued - preliminary figures suggest another reco

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22.01.2009

Ternitz, 22 January 2009. Schoeller-Bleckmann Oilfield Equipment AG
(SBO), listed on the ATX market of the Vienna Stock Exchange,
continued dynamic sales and profit growth throughout fiscal 2008.

Based on preliminary figures, group sales rose 22 % from MEUR 317.4
in the year before to MEUR 387. Profit before tax of approximately
MEUR 82 increased by 13 % year-on-year (MEUR 72.5).

The final figures for the full 2008 fiscal year (1 January - 31
December 2008) will be published by SBO on 11 March 2009.

For the new 2009 fiscal year, business development is expected to
adjust to the weaker market environment in the oilfield service
industry. However, the high order backlog as per the end of 2008 of
MEUR 216 (following MEUR 249) is the basis of the currently robust
capacity utilisation.

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 employs a workforce of 1,394 (31
December 2007: 1,222), 409 in Ternitz/Austria and 638 in North
America (including Mexico).

end of announcement euro adhoc
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ots Originaltext: Schoeller-Bleckmann Oilfield Equipment AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Gerald Grohmann, Chief Executive Officer

Schoeller-Bleckmann Oilfield Equipment AG

A-2630 Ternitz, Hauptstraße 2

Tel: +43 2630/315 ext 110, fax: ext 101

E-mail: sboe@sbo.co.at

Gernot Bauer, Head of Investor Relations

Schoeller-Bleckmann Oilfield Equipment AG

A-2630 Ternitz, Hauptstraße 2

Tel: +43 2630/315 ext 250, fax ext 101

E-mail: g.bauer@sbo.co.at

Branche: Oil & Gas - Upstream activities
ISIN: AT0000946652
WKN: 907391
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing