13.11.2007 – 07:35

voestalpine AG

euro adhoc: voestalpine AG
quarterly or semiannual financial statement / voestalpine reports most successful mid year

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

6-month report

13.11.2007

During the first half of 2007/08, the voestalpine Group attained new 
dimensions in sales revenue, operating profit and workforce as a 
result of the integration of the Special Steel Division 
(Böhler-Uddeholm Group). At the same time, even without taking the 
new Division into account, the first half of the current business 
year was the most successful six-months period in the history of the 
Group. Thus, voestalpine AG is heading for a new record result for 
the fourth year in a row in the 2007/08 financial year.

Earnings of the Division Special Steel (Böhler-Uddeholm Group) and 
consequently of voestalpine Group are influenced by purchase price 
allocation (PPA) due to IFRS 3, which is a pure accounting measure 
without any cash flow implications. The development of the first half
of voestalpine without this accounting measure (PPA) is shown in a 
pro forma statement excl. PPA in the table below.

Key figures of voestalpine Group

(acc. IFRS; in EURm)  1H 2006/07      1H 2007/08      Change  1H 2007/08
                      1.4.-30.09.2006 1.4.-30.09.2007 in %    pro forma
                                                              (excl. ppa)
Revenue               3,368           4,749           41.0    4,749
EBITDA                617             905             46.5    951
EBITDA margin in %    18.3            19.1                    20.0
EBIT                  447             612             37.1    732
EBIT margin in %      13.3            12.9                    15.4
EBT                   428             556             29.9    676
Profit for the period 323             434             34.6    521
EPS (in EUR)          2.0             2.7                     3.3

More information on the first half year result is available on our website
www.voestalpine.com or contact our Investor Relations Team +43/50304-15-9949.

end of announcement                               euro adhoc 13.11.2007 07:01:12

Further inquiry note:

DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax: +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com

Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: ATX, ATX Prime, WBI
Börsen: Wiener Börse AG / official market