Muehlhan AG

Regulatory Filings • Mar 5, 2009

News Details

Corporate | 5 March 2009 08:50

Muehlhan AG lands another bridge project in the USA

Muehlhan AG / Contract/Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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Muehlhan lands another bridge project in the USA

* Renovation of the Lewis & Clark Bridge spanning the Columbia River

* Order volume of around USD 5.1 million

Hamburg, 5 March 2009 - Muehlhan AG (Entry Standard; ISIN DE000A0KD0F7),
which provides surface protection for steel structures worldwide, has been
awarded another major contract. The consolidated U.S. subsidiary Muehlhan
Certified Coatings Inc. (MCC), a bridge renovation company headquartered in
California, has been awarded a contract by the Washington State Department
of Transportation to renovate a steel bridge. The work is to be performed
between April and November 2009 at an estimated project volume of
approximately USD 5.1 million.

The 2.5-kilometer-long Lewis & Clark Bridge, which will be 80 years old
next year, spans the Columbia River between the U.S. states of Oregon and
Washington. This project calls for MCC to renovate the bridge's support
piers. All three of the main piers will be completely scaffolded, blasted
with steel grit and covered with a moisture-resistant coating system.

Looking forward, Muehlhan is also confident that the company is positioned
to benefit from an above-average share of the upcoming infrastructure
projects that are planned as part of the U.S. economic stimulus program.
The company expects the number of competitors capable - in spite of the
financial crisis - of providing the guarantees required for government
contracts to decline significantly.

About Muehlhan:
The Muehlhan Group is a leading world provider of marine surface
protection. Its core business consists of applying and renewing corrosion
protection coatings to steel structures. They include steel surfaces of
ships and of oil and gas rigs and platforms. The Muehlhan Group is also
active in the Industry Services segment, which, besides scaffolding for
marine and industry customers, includes surface protection for wind
turbines, chemical production plants, and fuel storage depots, steel
bridges, cranes, and machinery. The company's patented technology
brand-named μ-jet(R) guarantees especially high quality and efficiency
in the removal of old coatings and rust, particularly in the open sea.
Muehlhan was established in Hamburg in 1881 and employs some 2,500
employees around the world. For 2008 the company expects to generate
revenue of EUR 206 million (IFRS). For further information visit
www.muehlhan.com.

Press contact: Ties Kaiser c/o Muehlhan AG, Phone +49 40 752 71 156, email:
kaiser@muehlhan.com

05.03.2009 Financial News transmitted by DGAP

Language: English
Issuer: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Deutschland
Phone: +49 40 75271 0
Fax: +49 40 75271 130
E-mail: investorrelations@muehlhan.com
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Freiverkehr in Berlin, Hamburg, München, Stuttgart; Entry
Standard in Frankfurt

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