DGAP-News: Salzgitter

DGAP-News: Salzgitter AG: EUROPIPE joint venture to deliver pipes for Nord Stream 2

DGAP-News: Salzgitter AG / Key word(s): Incoming Orders Salzgitter AG: EUROPIPE joint venture to deliver pipes for Nord Stream 2

11.03.2016 / 17:21 The issuer is solely responsible for the content of this announcement.

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EUROPIPE, a 50/50 joint venture of the Salzgitter Group and AG der Dillinger Hüttenwerke, receives an order for the delivery of large-diameter pipes for the lines 3 and 4 of the Baltic Sea pipeline. This was announced by Nord Stream consortium on Friday in Zug, Switzerland. The total quantity is 2.2 million tons (2.500 km). EUROPIPE will receive approx. 890.000 tons (ca. 1.100 km). The contract will be signed within the next weeks.

The large-diameter pipes will be produced by EUROPIPE GmbH in several production lots from August 2016 up to middle of 2018 in the plant in Mülheim an der Ruhr. This, in combination with the other recently booked orders, will secure a basic workload. The raw material for the pipe production will be supplied to EUROPIPE by the shareholders, Salzgitter group and Dillinger Hüttenwerke AG. MÜLHEIM PIPECOATINGS GmbH, a subsidiary of EUROPIPE, will undertake the external coating and internal lining of pipes.

The Nord Stream project is one of the largest and extremely complex offshore gas pipelines, which have ever been constructed. For the first two lines of the Baltic Sea pipeline EUROPIPE produced 1.840 km (1,574 Mio. tons) from April 2008 until September 2011 in the large-diameter pipe mill in Mülheim an der Ruhr.



Contact: Markus Heidler

Head of Investor Relations

Salzgitter AG Eisenhüttenstraße 99 38239 Salzgitter

Phone +49 5341 21-6105 Fax +49 5341 21-2570 E-Mail ir@salzgitter-ag.de

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11.03.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English Company: Salzgitter AG Eisenhüttenstraße 99 38239 Salzgitter Germany Phone: +49 5341 21-01 Fax: +49 5341 21-2727 E-mail: info@salzgitter-ag.de Internet: www.salzgitter-ag.de ISIN: DE0006202005 WKN: 620200 Listed: Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart; Terminbörse EUREX End of News DGAP News Service ---------------------------------------------------------------------------

444577 11.03.2016