Klöckner & Co confirms positive forecast for 2006

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Duisburg (euro adhoc) - Duisburg, January 22, 2007 - According to
provisional figures for the financial year 2006, the sales of the
Klöckner & Co-Group are slightly higher than forecast, at some EUR
5.5 billion, with an EBITDA of some EUR 395 million. Moreover, the
net cash indebtedness of about EUR 375 million is below the
anticipated value.

The positive overall development was underpinned by the continued
systematic implementation of the STAR performance program, consistent
demand and additional growth from acquisitions. Going forward the
company expects that the positive sales and earnings development,
also driven by acquisitions, will continue in the first quarter and
for the whole of 2007.

Klöckner & Co is publishing more detailed information and the final
figures for 2006 on March 29, 2007. The data will be available on the
internet at www.kloeckner.de from 08:00 CEST.

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 more than100 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

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

end of announcement euro adhoc 22.01.2007 07:27:06
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ots Originaltext: Klöckner & Co AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Claudia Uhlendorf
Public Relations
Telefon: +49(0)203-307-2289
E-Mail: claudia.uhlendorf@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: CDAX, Classic All Share, Prime All Share, SDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade