06.08.2002 – 10:47

HTI High Tech Industries AG

euro adhoc: HTP High Tech Plastics AG
Joint Ventures
HTP High Tech Plastics AG announcing joint venture with Krüth (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.

Surface technology competence extended

Neudörfl, Austria, August 5, 2002: HTP High Tech Plastics AG is
teaming up with German company Krüth GmbH to form a joint venture for
molding and etching technology. The two companies each hold 50% of
SET Form-Ätz-Technik GmbH, which is domiciled at HTP’s site in
Fohnsdorf. The new company will primarily serve the European
automotive and electronics industry.

The combination of Krüth’s surface-etching expertise and HTP’s
tooling skills will make it possible to accommodate sophisticated
surface designs for the final product during the tool-development
stage. Already supplied for many years on a joint basis, customers
such as Audi, Philips, Flextronics, Magna, Seeber and others will
receive even more flexible and comprehensive services via the new
joint venture in the future. The company’s target is for sales of
roughly EUR 1 million this year, with high growth expected over the
next few years on the strength of its planned expansion into Eastern
Europe.

The establishment of this joint venture marks a further step in HTP
High Tech Plastics AG’s plans to extend its value chain, one of the
key goals of its corporate strategy.

end of announcement        euro adhoc 06.08.2002

Further inquiry note:

HTP High Tech Plastics AG Mag. Isolde Kühhas Tel.: 0664/3262647 Fax: 02253/20167
mailto:ikuehhas@htp.at

Branche: Synthetics & Plastics
ISIN: AT0000764600
WKN: 928963
Index: SMAX
Börsen: Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade
Berliner Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Hamburger Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / official dealing