ad hoc

SKW Stahl-Metallurgie Holding AG is not going to pursue the capital increase due to significantly changed economic environment

Unterneukirchen (Germany), October 2, 2015. Executive Board and Supervisory Board of SKW Stahl-Metallurgie Holding AG, Unterneukirchen (Germany), ISIN DE000SKWM021, decided on October 2, 2015, that the capital increase against cash resolved by the Annual General Meeting of June 9, 2015 – from currently EUR 6,544,930.00 by up to EUR 6,544,930.00 to up to EUR 13,089,860.00 by issuing up to 6,544,930 shares – should not be pursued. Given the significantly changed economic environment on the steel and capital markets, Executive Board and Supervisory Board no longer see present the economic basis on whose grounds the resolution of the Annual General Meeting of June 9, 2015 was taken.