Graphit Kropfmühl AG: Successful Annual General Meeting/Forecasts for 2008 are confirmed

Hauzenberg, (PresseBox) - The Annual General Meeting of Graphit Kropfmühl AG was held in Munich today. More than 130 shareholders and guests followed the invitation and attended the Annual General Meeting at the Konferenzzentrum München - Hanns Seidel Stiftung.

The Board of Directors reported a highly positive course of business in 2008 with sales and earnings that are clearly increasing compared to the previous year, as already became evident in the group's 1st quarter of 2008. Sales increased by 7.7 %, earnings (EBITDA) by 64.7 %.

The forecast for 2008 was confirmed again. It is expected that sales will increase by more than 10 % to EUR 90 million, and that earnings will rise disproportionately, with an EBITDA that for the first time should reach more than EUR 10 million. This increase goes along with an ambitious investment program in both segments with a total of planned investments for 2008 of more than EUR 8 million.

One important item on the agenda, among others, was the new election of Supervisory Board members. With its resolution of 30 April 2008 the county court Munich in accordance with the application appointed Mr. Rainer Grohe, Mr. Klaus Josef Lutz, Dr. Heinz Schimmelbusch, and Dr. Michael Witzel as Supervisory Board members. The Annual General Meeting elected these candidates for a term of 5 years. The employees again elected Mr. Peter Fesl and Mr. Manfred Kneidinger, who substituted Mr. Gottfried Lang, to the Supervisory Board. A Supervisory Board meeting was held after the AGM: Dr. Heinz Schimmelbusch was elected chairman of the Supervisory Board. Dr. Michael Witzel was elected first deputy chairman, and Mr. Rainer Grohe second deputy chairman.

On all the items on the agenda the Annual General Meeting went along with the proposals of the Board of Directors and the Supervisory Board with a majority of more than 99 %.

For further information on Graphit Kropfmühl AG please visit www.gk-graphite.com.

Financial calendar
Interim report 2nd quarter 2008 12 August 2008
Interim report 3rd quarter 2008 10 November 2008
German Equity Forum autumn 2008 10 November 2008

This press release contains statements about future developments that are based on currently available information and may involve risks and uncertainties, the result of which may be that the actual results differ from the forward-looking statements. Statements about future developments must not be understood as guarantees. Future developments and events rather depend on a variety of factors, they contain various risks and imponderabilities and are based on assumptions that might turn out to be incorrect. For example, these include unforeseeable changes of the general political, economic, and social conditions.

Graphit Kropfmühl AG

Graphit Kropfmühl AG is a specialist for the production of silicon-metal and a globally leading supplier of refined natural graphite, with locations in Europe, Asia and Africa. The company which is listed in the Prime Standard (ISIN: DE0005896005) provides its customers with silicon-metal and graphite solutions for various versatile applications. Silicon-metal is used in various industries such as chemical, aluminium, semiconductors and solar cells. Graphite, in addition to most sophisticated applications in the lubricant, carbon brush, and sinter industries, is gaining ever increasing importance in the chemical industry, for example in thermal insulation boards.

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