Klöckner & Co AG acquires a further 18% in the Swiss country operation

• Klöckner & Co now holds 78% in Debrunner Koenig Holding AG

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investments

Duisburg (euro adhoc) - Duisburg, 31 May 2007 - Klöckner & Co
Aktiengesellschaft is acquiring a further 18% in Debrunner Koenig
Holding AG from the previous minority shareholder Gebuka AG. With
this additional stake, Klöckner & Co now holds 78% in the Swiss
country operation Debrunner Koenig Holding.

"We are very happy to extend our stake in the very profitable Swiss
company, Debrunner Koenig Holding AG," stated Dr. Thomas Ludwig, CEO
at Klöckner & Co AG.

Debrunner Koenig Holding AG, with its subsidiaries Debrunner Acifer,
Koenig Feinstahl, Koenig Verbindungstechnik and Alu Menziken, and
1,900 employees, is one of the leading Swiss companies in the areas
of multi-metal distribution, reinforcement and construction
technology, technical products and fastening technology.

About Klöckner & Co AG:

Klöckner & Co is the largest independent producer and distributor of
steel and metal products 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 than 100 years ago by Peter Klöckner. During the
financial year 2006, the Company achieved sales of approximately
EUR5.5 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 31.05.2007 12:31:36
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ots Originaltext: Klöckner & Co AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Nadine Hagemus
Telefon: +49(0)203-307-2288
E-Mail: nadine.hagemus@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: CDAX, Classic All Share, Prime All Share, MDAX
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