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Capital market-relevant press releases, 2001-12-14, 01:00 AM

ThyssenKrupp Steel acquires remaining shares of Acciai Speciali Terni

ThyssenKrupp Steel has acquired the remaining 10% of the shares in the Italian stainless steel producer Acciai Speciali Terni (AST), Terni, from the TAD-Group and now owns 100%. With production plants in Terni and Turin, more than euros1.5 billion sales and over 4,300 employees AST is the most important Italian producer of stainless and electrical steel. Acciai Speciali Terni has been a company of the Group since 1994.

Acciai Speciali Terni is a company of Krupp Thyssen Stainless, the lead company of the Stainless business unit within the Steel segment of ThyssenKrupp AG. Additional companies belonging to Krupp Thyssen Stainless are the German Krupp Thyssen Nirosta, the Mexican Mexinox, the Chinese Shanghai Krupp Stainless and the German Krupp VDM. With over euros4 billion sales and more than 12,000 employees Krupp Thyssen Stainless is the biggest supplier of stainless steel flat products worldwide.

Contact:

Manfred Söhnlein
ThyssenKrupp Steel AG
Phone: +49 2 03 52-2 56 90
Fax: +49 2 03 52-2 63 69
Email: soehnlein@tkst.thyssenkrupp.com

Dr. Rembert Horstmann
Krupp Thyssen Stainless GmbH
Phone: +49 2 03 52-4 51 80
Fax: +49 2 03 52-4 51 82
Email: horstmann@kts.thyssenkrupp.com

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