Rockwool — Capital/Financing Update 2012

Nov 20, 2012

At today's meeting, the board of ROCKWOOL International A/S approved an
investment to upgrade and streamline the Danish factory set-up by implementing
the Group's most advanced process equipment at the factory in Doense, Jutland.

Hedehusene, Denmark, 2012-11-20 17:58 CET (GLOBE NEWSWIRE) --

Release no. 12 – 2012

To NASDAQ OMX Nordic Exchange Copenhagen A/S

This is a translation of the Danish version.
Only the Danish version is legally binding.

ROCKWOOL INTERNATIONAL A/S
Hovedgaden 584, Entrance C
DK?2640 Hedehusene
Phone: +45 4656 0300
www.rockwool.com
Danish CVR no: 54879415

20 November 2012

The ROCKWOOL Group invests in stronger production platform in Denmark

At today’s meeting, the board of ROCKWOOL International A/S approved an
investment to upgrade and streamline the Danish factory set-up by implementing
the Group’s most advanced process equipment at the factory in Doense, Jutland.
The total investment will be around DKK 450 million (EUR 60 million) and is
expected to be implemented during 2013-2014.
The new factory set-up will significantly improve product quality, logistical
services as well as the cost position compared to competitors.

• We are market leader in Denmark and with this new investment we will
  strengthen that position further, says Henrik Frank Nielsen, Division Managing
  Director of the ROCKWOOL Group’s Europe division. Denmark is one of the most
  developed insulation markets in the world and with upcoming energy efficiency
  regulations we expect sales to develop in the years to come.
  The ROCKWOOL Group has in recent years made significant improvements in
  technology. It is the ambition of the Group to optimally use these advances to
  enhance its position in the European core markets which constitute more than
  60% of its turnover. The investment in Denmark is one example of this
  re-engineering of the European stronghold.

• Many of our investments are going to growth and emerging markets but we also
  prioritize to build a stronger European home base, says Henrik Frank Nielsen.

   Further information: Gilles Maria
   Chief Financial Officer
   Rockwool International A/S
   +45 46 56 03 00