October 07, 2008

Klöckner & Co appoints Mr Ulrich as board member

At its meeting held the supervisory board of Klöckner & Co AG appointed Mr Ulrich Becker as a member of the board of management. Mr Becker will assume responsibility for the Europe segment and take on functional responsibility for purchasing.

Mr. Becker was previously a member of the management team of Benteler Automobiltechnik GmbH and already has many years’ experience at management level in the steel distribution and trading business.

Klöckner & Co was founded more than 100 years ago by Mr Peter Klöckner. Klöckner & Co is the largest independent producer and distributor of steel and metal products in the European and North American markets combined. During the financial year 2006, the Company achieved sales of approximately EUR 5.5 billion with around 10,000 employees.