Klöckner & Co makes acquisition in United Kingdom

• UK subsidiary acquires Westok Ltd, a major supplier of cellular
beams to structural fabricators • Already the eighth acquisition of
Klöckner & Co AG in 2007

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merger, acquisition and takeover

Duisburg (euro adhoc) - Duisburg, 15 June 2007 - Klöckner & Co AG is
continuing its growth in the UK: Klöckner UK Holdings Ltd., Klöckner
& Co AG's holding company in the UK, has signed an agreement to buy
Westok Ltd. based in Horbury, West Yorkshire. Thanks to this move,
Klöckner & Co is expanding its already strong market position in the
UK. The acquisition of Westok is the eighth acquistion of Klöckner &
Co AG in fiscal year 2007.

Westok specialises in the manufacture and distribution of special
steel sections, known as cellular beams, for floor and roof
construction as well as bridges. With this specialist product, Westok
serves a broad customer base in the UK's growing construction
industry. In 2006, the company generated sales of around EUR26
million with 90 employees.

"Westok has outstanding competency in deploying steel girders in the
construction industry and is excellently positioned and extremely
successful in this area. With its innovative products and high
service levels, this acquisition will supplement the broad offering
of the UK company, expand its customer base and generate additional
synergies," explained Dr. Thomas Ludwig, CEO of Klöckner & Co AG.

Klöckner UK predominately trades under the name ASD metal services.
Together with a handful of niche businesses, this comprises 41
business units operating across 29 sites in the UK, and employs 1100
people.

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 15.06.2007 13:05:55
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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