Salzgitter Group continues positive results trend

Key figures for the third quarter 2010

As expected, the positive results trend of Salzgitter Group continued in the third quarter of the fiscal year 2010.

Within the period from July to September, consolidated external sales amounted to € 2,158.4 million (third quarter 2009: € 1,834.6 million). The company achieved a pre tax result of € 10.8 million (third quarter 2009: € -66.1 million).

Included in the pre tax result is a € 35.4 million negative impact resulting from US-Dollar end of period valuation as well as a non-periodic profit of € 19.9 million.

Further details regarding the results of the third quarter can be obtained from the interim report for the first nine months which is supposed to be published on 12 November 2010.

Disclaimer:

Some of the statements made in this notice possess the character of forecasts or may be interpreted as such. They are made upon the best of information and belief, and by their nature are subject to the provision that no unforeseeable deterioration occurs in the economy and in the specific market conditions pertaining to the companies of the various business divisions, but rather that the underlying bases of plans and outlooks prove to be accurate as expected in terms of their scope and timing. The Company undertakes no obligation to update any forward-looking statements.