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Capital market-relevant press releases, 2003-11-11, 01:00 AM

Earnings in the region of 700 million euros, debt reduced further

In fiscal 2002/2003 ThyssenKrupp AG generated normalized earnings in the order of magnitude of 700 million euros as forecast in August. According to the Chairman of the Executive Board of ThyssenKrupp, Dr. Ekkehard Schulz: "The first figure in the earnings is a 7". Schulz continued that debt was "substantially below 5 billion euros" at the end of the fiscal year on September 30, 2003. More detailed information on the previous fiscal year will follow at the annual press conference on December 4.

Contact:

Dr. Jürgen Claassen
Corporate Communications and Central Bureau
Telephone +49 211 824-36002
Fax +49 211 824-36005
E-mail: presse@tk.thyssenkrupp.com

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