EANS-General Meeting: Schoeller-Bleckmann Oilfield Equipment AG / Invitation to the General Meeting

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General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft
Ternitz, FN 102999w, (the "Company "), Website: www.sbo.at

INVITATION

We herewith invite our shareholders to the

Annual General Meeting

to be held on Wednesday, 23 April 2014 at 10:00 a.m. in 2630 Ternitz,
Theodor-Körner-Platz 2, ("Stadthalle")

with the following Agenda:

1)
Submission of the approved Annual Financial Statements according to the Austrian
Commercial Code (UGB) including the Notes and Management Report, the Corporate
Governance Report, the Consolidated Financial Statements according to IFRS
including the Notes thereto and the Group Management Report, the Executive
Board's Proposal on the appropriation of the balance sheet profit, in each case
in relation to the fiscal year ended 31 December 2013, and submission of the
Report of the Supervisory Board for the fiscal year 2013.

2)
Resolution on the appropriation of the balance sheet profit as set out in the
Annual Financial Statements for the fiscal year ended 31 December 2013.

3)
Resolution on the discharge of the members of the Executive Board for the fiscal
year 2013.

4)
Resolution on the discharge of the members of the Supervisory Board for the
fiscal year 2013.

5)
Election of the auditors of the Annual Financial Statements and the Consolidated
Financial Statements for the fiscal year 2014.

6)
Resolution on the remuneration for the members of the Supervisory Board pursuant
to Article 13 (4) of the Articles of Association.

7)
Elections to the Supervisory Board.

8)
Resolution regarding

a)
the revocation of the authorization granted to the Executive Board at the Annual
General Meeting on 25 April 2012 to reacquire treasury shares pursuant to
Sections 65 (1) (no 8) and (1a) and (1b) of the Austrian Stock Corporation Act
(AktG).

b)
the authorization of the Executive Board to acquire, within a period of 30
months commencing from the day of adoption of the resolution, treasury shares of
the Company pursuant to Sections 65 (1) (no 8) and (1a) and (1b) of the Austrian
Stock Corporation Act (AktG), up to a maximum of 10% of the issued share capital
of the Company, fixation of the minimum and maximum price pursuant to Section 65
(1) (no 8) of the Austrian Stock Corporation Act (AktG) as well as to determine
the terms and conditions of such re-acquisition.

c)
the authorization of the Executive Board to cancel treasury shares pursuant to
Section 65 (1) (no 8) of the Austrian Stock Corporation Act (AktG) without any
further resolution of the General Meeting being required, and adopt amendments
to the Articles of Association arising from the cancellation of shares, or to
dispose of treasury shares again and to determine the terms and conditions of
such disposal. The acquisition of treasury shares for purposes of trading is not
admissible pursuant to Section 65 (1) (no 8) of the Austrian Stock Corporation
Act (AktG).

9)
Resolution regarding

a)
the authorization of the Executive Board pursuant to Section 169 of the Austrian
Stock Corporation Act (Aktiengesetz) to increase, within 5 years from the date
of entry of the corresponding amendment to the Articles of Association in the
Register of Companies (Firmenbuch), the Company's share capital, in one or
several tranches, by a maximum nominal amount of up to EUR 1,600,000, which
amount equals 10 percent of the Company's current share capital, by issuing up
to 1,600,000 new bearer shares in the nominal value of EUR 1.00 each, at a
minimum initial issue price of 100 percent, also by way of indirect statutory
subscription rights pursuant to Section 153 (6) of the Austrian Stock
Corporation Act, including the authorization of the Executive Board to exclude
the existing shareholders' subscription right in whole or in part (i) in case of
a capital increase in cash and/or (ii) in case of a capital increase by
contributions in kind, and to determine the issue price and other terms and
conditions (Authorized Capital) with the consent of the Supervisory Board;

b)
the authorization of the Supervisory Board to resolve amendments to the Articles
of Association resulting from the issue of new shares from the Authorized
Capital;

c)
the corresponding amendment to the Company's Articles of Association in Article
3 (1) (Share Capital and Shares) to reflect their adjustment to the resolutions
made with regard to this item of the Agenda.

Right to attend and record date (Section 106 (6) and (7) Stock
Corporation Act): The right to attend the Annual General Meeting and
to exercise shareholder rights which have to be asserted at the
Annual General Meeting, pursuant to Section 111 (1) and (2) AktG,
depend on the ownership of shares at the end of the 10th day before
the date of the Annual General Meeting (record date), and,
accordingly, on the ownership of shares on 13 April 2014, 12:00 p.m.
midnight. Attendance of the Annual General Meeting is permitted only
if a person is a shareholder on that record date and proves this fact
to the Company. Such evidence (deposit confirmation) must be received
by the Company pursuant to Section 10a AktG, no later than 17 April
2014, exclusively at one of the addresses below:

By post: Schoeller-Bleckmann, Oilfield Equipment AG, Hauptstraße 2,
2630 Ternitz, Austria, or

By telefax: +43 (0)1 8900 500 65

By e-mail: anmeldung.sbo@hauptversammlung.at (as an attached scan, in
tif or pdf format, etc.)

Via SWIFT: GIBAATWGGMS, Message Type MT 598; reference to
ISIN0000946652 must be included

The deposit confirmation must be issued by the custodian bank which
must be registered in a member state of the European Economic Area or
in a full OECD member state. Furthermore, it must contain the
information set forth in Section 10a (2) AktG and refer to the above
record date. Deposit confirmations are accepted in the German or
English language only.

Representation by proxies (Section 106 (8) AktG): Each shareholder
entitled to attend the Annual General Meeting has the right to
appoint a natural or legal person as proxy (Sections 113, 114 AktG).
Such proxy attends the Annual General Meeting on behalf of the
shareholder and has the same rights as the shareholder he/she
represents. The Company itself, a member of the Executive Board or
the Supervisory Board may exercise voting rights as proxy only to the
extent the shareholder has issued an explicit voting instruction on
the individual items on the Agenda. The proxy must be granted to a
specific person. The proxy must be issued in writing pursuant to
Section 13 (2) AktG; its revocation must also be made in writing. The
proxy and/or its revocation must be sent to and retained by the
Company. Proxies may be submitted to the Company no later than on 22
April 2014, 4:00 p.m. by post to 2630 Ternitz, Hauptstraße 2, by
telefax (+43 (0)1 8900 500 65) or by e-mail:
anmeldung.sbo@hauptversammlung.at. Otherwise, shareholders are kindly
requested to present their proxies and/or revocations to the
registration desk of the Annual General Meeting at its venue. For the
appointment of a proxy and its revocation, the proxy form made
available by the Company for its shareholders on the Company's
website (www.sbo.at) must be used (Section 114 (3) AktG). If
requested, proxy forms can also be sent to shareholders by post.

If a shareholder has granted a proxy to his/her custodian bank, it is
sufficient for the credit institution to declare that it was granted
proxy, in addition to issuing the deposit confirmation.

Information on shareholder rights (Section 106 (5) AktG):
Shareholders whose individual or aggregate shareholdings equal five
percent of the Company's share capital may, pursuant to Section 109
AktG, request in writing that items be added to the Agenda of the
Annual General Meeting and that they are announced. Each item that is
requested to be added to the Agenda must be accompanied by a
resolution proposal including a statement of the reasons for this
request. Applicants must have held shares for at least three months
prior to submitting the request. The shareholder's request must be
received by the Company by the 21st day prior to the Annual General
Meeting, that is no later than on 2 April 2014, and addressed to 2630
Ternitz, Hauptstraße 2.

Furthermore, shareholders whose individual or aggregate shareholdings
equal one percent of the Company's share capital may, pursuant to
Section 110 AktG, submit to the Company written proposals for
resolution on any item of the Agenda and request that such proposals
be made available on the Company's website together with the names of
the respective shareholders, the (mandatory) statement of reasons,
and the statements, if any, of the Executive Board or the Supervisory
Board. If proposals are made on the election of a member to the
Supervisory Board, the statement of reasons is replaced by a
statement of the suggested candidate, pursuant to Section 87 (2)
AktG. This request is considered valid if received by the Company no
later than on the seventh working day prior to the Annual General
Meeting, that is no later than on 11 April 2014, addressed to 2630
Ternitz, Hauptstraße 2, or by telefax to +43 (0)2630 315501.

On request, each shareholder is entitled to obtain information about
matters concerning the Company at the Annual General Meeting to the
extent that this is necessary to properly assess the items on the
Agenda (Section 118 AktG).

Shareholder rights linked to ownership of shares during a certain
period of time can be exercised only if the shareholder status in the
relevant period is proved by submitting a deposit confirmation
pursuant to Section 10a AktG. When presented to the Company, the
deposit confirmation may not be older than seven days.

Extensive information on the above shareholder rights pursuant to
Sections 109, 110, 118 and 119 AktG is available on the Company's
website (www.sbo.at).

Total number of shares and voting rights at the time of convocation
(Section 106 (9) AktG): Pursuant to Section 83 (2) (no 1) Stock
Exchange Act (BörseG) and Section 106 (9) AktG we announce that at
the date of the convocation to the Annual General Meeting the share
capital of the company is EUR 16,000,000.00, which is divided into
16,000,000 bearer shares with a nominal of EUR 1.00 each. Each bearer
share confers the right to one vote. At the date of the convocation
(reference date: 24 March 2014), the Company holds 87,761 treasury
shares, for which the right to vote cannot be exercised pursuant to
Section 65 (5) AktG. Consequently, at the date of the convocation to
the Annual General Meeting, the number of participating and voting
shares totals 15,912,239 as of 24 March 2014.

In particular, the following information will be accessible through the
Company's website (www.sbo.at/Investor Relations/Annual General Meeting) from 2
April 2014 and will also be available during the AGM:

- Annual Financial Statements according to Austrian Commercial Code for the year
ended 31 December 2013 including Notes and Management Report;

- Corporate Governance Report;

- IFRS-based Consolidated Financial Statements for the year ended 31 December
2013, including the Notes to the Consolidated Financial Statements and the Group
Management Report;

- Proposal for the appropriation of net income by the Executive Board
(item 2 on the Agenda);

- Report of the Supervisory Board;

- Proposed resolutions on items 2 to 9 on the Agenda;

- The candidates' statements for election as members to the
Supervisory Board pursuant to Section 87 (2) AktG.

- Report of the Executive Board on item 9 on the Agenda, pursuant to
Section 170 (2) in connection with Section 153 (4) of the Austrian
Stock Corporation Act (AktG).

In order to ensure smooth admission, shareholders are kindly
requested to arrive on time before the Annual General Meeting starts.
The Company reserves the right to verify the identity of those
gathered for the Meeting. Should identity not be verifiable, we may
refuse entry. Participants are therefore requested to bring along an
official identity card with photograph (such as passport or driving
licence) to verify their identity. Admission for collecting voting
cards starts at 9:00 a.m.

Ternitz, March 2014

The Executive Board

Further inquiry note:
MMag Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501
E-Mail: f.schuetz@sbo.co.at

end of announcement euro adhoc
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issuer: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English