Klöckner & Co expands market position in Switzerland

• Swiss subsidiary takes over distribution company Gauss & Co. AG

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Duisburg, October 17, 2006 - Debrunner Koenig Holding AG, a Swiss
subsidiary of Klöckner & Co Aktiengesellschaft, took over Gauss & Co.
AG, Glattbrugg, today. As a consequence, the Klöckner & Co Group
further expands its leading market position in Switzerland.

Gauss & Co AG is a distribution company with around 40 employees and
two locations, in Glattbrugg and Zurich. Company sales in 2005 came
to 15 million Swiss francs. Particularly in the greater Zurich area
the company strengthens, through its product portfolio, the existing
activities of Swiss subsidiary Debrunner Koenig Holding in the areas
of building technology and tools.

Together with its subsidiaries, Debrunner Acifer, Koenig Feinstahl
and Koenig Verbindungstechnik, Debrunner Koenig Holding has more than
1500 employees and is a leading distribution company in the steel,
reinforcing steel, hardware and fixing technology sectors.

"Our Swiss subsidiary can ideally boost its regional presence in the
greater Zurich area through the acquisition of Gauss & Co. At the
same time we once again demonstrate consistent implementation of our
growth strategy," explains the Chairman of the Board of Klöckner & Co
AG, Dr. Thomas Ludwig.

About Klöckner & Co:

Klöckner & Co is the largest producer-independent steel and metal
distributor in the European and North American markets combined. The
core business of the Klöckner & Co group is the storage and
distribution of steel and non-ferrous metals. About 200,000 active
customers are supplied through approximately 240 distribution
locations in 14 countries in Europe and North America.

Klöckner & Co was founded 100 years ago by Peter Klöckner. During the
financial year 2005, the company achieved sales of approximately EUR5
billion with around 10,000 employees.

The shares of Klöckner & Co Aktiengesellschaft are admitted to
trading on the official market segment (Amtlicher Markt) of the
Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with
simultaneous admission to the sub-segment (Prime Standard) to the
official market with further post-admission obligations. ISIN:
DE000KC01000; WKN: KC0100; Common Code: 025808576.

Contacts:
Peter Ringsleben, Claudia Uhlendorf - Corporate Communications

Klöckner & Co AG
Am Silberpalais 1
D - 47057 Duisburg

Ende der Mitteilung euro adhoc 17.10.2006 18:04:00
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ots Originaltext: Klöckner & Co AG
Im Internet recherchierbar: http://www.presseportal.de

Rückfragehinweis:
Peter Ringsleben
Phone: +49 203 307 2800
Fax: +49 203 307 5060
e-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf
Phone: +49 203 307 2289
Fax: +49 203 307 5103
e-mail: claudia.uhlendorf@kloeckner.de

Branche: Metallindustrie
ISIN: DE000KC01000
WKN: KC0100
Index: CDAX, Classic All Share, Prime All Share, SDAX
Börsen: Frankfurter Wertpapierbörse / Amtlicher Markt/Prime Standard
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