Recticel

Report Publication Announcement • Jan 23, 2012

Brussels, 23 January 2012 – 06:30 pm CET www.recticel.com

Eurofoam to close its production site in Bexbach (Germany).

Eurofoam, the 50/50 joint venture between Recticel and the Austrian group Greiner, announced its decision to streamline its flexible foam operations in Germany by closing its loss-making comfort foam production and converting unit in Bexbach by end June 2012.

The planned redeployments affect 88 employees. Together with the trade unions, the best possible social support measures will be sought.

After the closing of the Bexbach site, Eurofoam will remain active in Germany through a network of 4 foam producing and converting sites.

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FINANCIAL CALENDAR

Annual results 2011	02.03.2012 (before opening of the stock exchange)
First quarter 2012 trading update	08.05.2012 (before opening of the stock exchange)
Annual General Meeting	29.05.2012 (at 10:00 AM CET)
First half-year 2012 results	30.08.2012 (before opening of the stock exchange)
Third quarter 2012 trading update	09.11.2012 (before opening of the stock exchange)

FOR ADDITIONAL INFORMATION

RECTICEL - Olympiadenlaan 2, B-1140 Brussels (Evere)

PRESS & INVESTOR RELATIONS

Mr Michel De Smedt Mobile: +32 479 91 11 38

desmedt.michel@recticel.com

RECTICEL IN A NUTSHELL

Recticel is a Belgian Group with a strong European dimension, but also operates in the rest of the world. Recticel has 110 establishments in 27 countries.

Recticel contributes to daily comfort with foam filling for seats, mattresses and slat bases of top brands, insulation material, interior comfort for cars and an extensive range of other industrial and domestic applications.

Recticel is the Group behind well-known bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Swissflex®, Superba®, Ubica®, etc.). Within the Insulation division high-quality thermal insulation products are marketed under the well-known brands Eurowall®, Powerroof®, Powerdeck® and Powerwall®.

Recticel is driven by technological progress and innovation, which has led to a revolutionary breakthrough at the biggest names in the car industry.

Recticel achieved sales of EUR 1.35 billion in 2010.

Recticel (NYSE Euronext: REC – Reuters: RECTt.BR – Bloomberg: REC:BB) is listed on NYSE Euronext in Brussels.

The press release is available in English, Dutch and French on the website www.recticel.com