SGL CARBON SE — Capital/Financing Update 2007

May 10, 2007

News Details

Ad-hoc | 10 May 2007 18:48

SGL CARBON AG: SGL Carbon AG successfully places corporate bond

SGL Carbon AG / Issue of Debt

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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· Issue volume of Euro 200 million
· Coupon of 1,25%
· Duration to May 2015
Wiesbaden May 10, 2007. SGL Carbon AG has successfully placed a variable
interest-bearing corporate bond (senior note) for Euro 200 million. The
securi-ties with a denomination of 50,000 Euro have a maturity until May
2015 and have a coupon of EURIBOR plus 1,25% margin. The issue price is
100%. Deutsche Bank, Morgan Stanley and LBBW acted as joint lead managers
for the issue.
The proceeds from the placement of the corporate bond will be used
primarily to repay the 8.5% high yield bond issued by SGL Carbon Luxembourg
SA and guaranteed by SGL in February 2004 in the amount of €270 million.
SGL will satisfy and discharge its obligations under the 2004 high yield
bond by deposit-ing government bonds for payment of aggregate interest,
principal and pre-payment costs until the first possible repayment date on
February 1, 2008. By depositing the government bonds all obligations of the
high yield bond are fully discharged and removed from the SGL Carbon AG
balance sheet and profit and loss statement.
The issue of the corporate bond forms part of a comprehensive refinancing
re-cently initiated by SGL. On May 2, 2007, SGL announced the successful
placement of a €200 million convertible bond with a coupon of 0.75%, a
conver-sion price per share of €36.52 and a term of six years. In addition,
the compre-hensive new financing will be supplemented with an undrawn
credit line for working capital and investments under a new syndicated loan
with a total amount of €200 million.

Additional Information:
ISIN: DE0007235301
Listing: Amtlicher Markt / Prime Standard / Frankfurter Wertpapierbörse
(Official Market / Prime Standard / Frankfurt Stock Exchange)
Company’s seat: Wiesbaden

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Information and Explaination of the Issuer to this News:

About SGL Group – The Carbon Company
The SGL Group is one of the world’s leading manufacturers of carbon-based
products. It has a comprehensive portfolio ranging from carbon and
graphite products to carbon fibers and composites. SGL Group’s core
competencies are its expertise in high-temperature technology as well as
its applications and engineering know-how gained over many years. These
competencies enable the Company to make full use of its broad material
base. SGL Group’s carbon-based materials combine several unique properties
such as electrical and thermal conductivity, heat and corrosion resistance
as well as high mechanical strength combined with low weight. Due to the
paradigm shift in the use of materials as a result of the worldwide
shortage of energy and raw materials, there is a growing demand for SGL
Group’s high-performance materials and products from an increasing number
of industries. Carbon and graphite products are used whenever other
materials such as steel, aluminum, copper, plastics, wood etc. fail due to
their limited properties. Products from the SGL Group are used
predominantly in the steel, aluminum, automotive, chemical and
glass/ceramics industries. However, manufacturers in the semiconductor,
battery, solar/wind energy, environmental protection, aerospace and defense
industries as well as in the nuclear energy industry also figure among the
Company’s customers.
With around 30 production sites in Europe, North America and Asia as well
as a service network covering more than 100 countries, the SGL Group is a
company with a global presence. In 2006, the Company’s workforce of 5,250
generated sales of € 1.2 billion. The Company’s head office is located in
Wiesbaden/Germany.

Important information:
This press release constitutes neither an offer to sell nor a solicitation
to buy any securities.
This press release is not being issued in the United States of America and
must not be distributed to U.S. persons (as defined in regulations S of the
U.S. securities act of 1933, as amended ('Securities Act') or publications
with a general circulation in the United States. This press release does
not constitute an offer or invitation to purchase any securities in the
United States. The securities of SGL Carbon Aktiengesellschaft have not
been registered under the securities act and may not be offered, sold or
delivered within the United States or to U.S. persons absent from
registration under or an applicable exemption from the registration
requirements of the United States Securities Law.
This document is directed only at persons (I) who are outside the United
Kingdom or (II) who have professional experi-ence in matters relating to
investment falling within article 19(5) of the Financial Services and
Markets Act 2000 (Finan-cial Promotion) Order 2005 (as amended) (The
'order') or (III) who fall within article 49(2)(A) to (D) ('High net worth
companies, Unincorporated Associations, etc.') of the order (all such
persons together being referred to as 'relevant persons'). Any person who
is not a relevant person must not act or rely on this communication or any
of its contents. Any investment or investment activity to which this
communication relates is available only to relevant persons and will be
engaged in only with relevant persons.

Not for release, publication or distribution in or into the United States,
Australia, Canada or Japan

Contact person for institutional Investors and Analysts:
Corporate Communications / Investor Relations / Raj Roychowdhury
Phone : +49 611 60 29 106 / Fax : +49 6 11 60 29 101 / Mobil : +49 172 671
7445
e-mail : raj.roychowdhury@sglcarbon.de / Internet : www.sglcarbon.de

Contact person for journalists:
Corporate Communications / Media Relations / Stefan Wortmann
Phone : +49 611 60 29 105 / Fax : +49 6 11 60 29 101 / Mobil : +49 170 540
2667
e-mail : stefan.wortmann@sglcarbon.de / Internet : www.sglcarbon.de

DGAP 10.05.2007

Language: English
Issuer: SGL Carbon AG
Rheingaustraße 182
65203 Wiesbaden Deutschland
Phone: +49 (0)611 6029 - 0
Fax: +49 (0)611 6029 - 101
E-mail: vaness.rau@sglcarbon.de
www: www.sglcarbon.de
ISIN: DE0007235301
WKN: 723530
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service

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