H+H International

M&A Activity • Jan 17, 2011

Copenhagen, Denmark, 2011-01-17 21:26 CET (GLOBE NEWSWIRE) -- Company
Announcement No. 232, 2010

H+H International A/S
Dampfærgevej 27-29, 5th Floor
2100 Copenhagen Ø
Denmark

Telephone: +45 35 27 02 00
www.HplusH.com

Leakage of Xella's intention to make a takeover bid

H+H International A/S has today learned that Xella International Holdings
S.à.r.l. (Xella) on their website (www.xella.lu) has published a notice stating
that they are still considering making a cash offer for all shares of H+H
International A/S.

It appears from the notice that no decision has been made to submit a cash
offer to the shareholders of H+H International A/S. There can be no certainty
that any offer will be made, as this, according to the notice depends on
numerous factors, including approval of the transaction by competition
authorities and obtaining of financing.

On this basis, H+H International A/S finds it appropriate to clarify that the
Board of Directors has not participated in the considerations presumably
underlying Xella's announcement and that the Board of Directors does not
participate in the process Xella apparently intends to undertake in relation to
- among other things - public authorities. Reference is made to company
announcement No. 229 dated 16 November 2010.

If Xella decides to make a takeover bid to the shareholders of H+H
International A/S then Xella will be obliged to announce such a decision
followed by publication of an offer document containing the terms of any offer.

Further announcements to the market, if any, will be made as and when
considered appropriate or necessary by H+H International.

Anders C Karlsson
Chairman of the Board of Directors

For additional information please contact:
Chairman of the Board of Directors Anders C Karlsson.Telephone +46 70 524 74 80

This is a translation of the company's announcement in Danish. In case of
inconsistency between the Danish text and this English translation, the Danish
text shall prevail.