GrafTech Stockholders Elect Randy Carson to Board

GrafTech International Ltd. (NYSE:GTI) today announced that at the Annual Meeting of Stockholders Randy Carson was elected an independent director to the Company’s Board of Directors.

Mr. Carson served as Chief Executive Officer of the Electrical Group of Eaton Corporation (NYSE: ETN), a global diversified industrial manufacturer with 2008 sales of $15.4 billion. Eaton’s Electrical Group is a global technology leader in electrical components and systems for power quality, distribution and control. Mr. Carson was instrumental in growing the Electrical Group from $2.2 billion in 1999 to $6.9 billion in 2008 through aggressive organic growth and significant acquisitions. In his ten year tenure, Mr. Carson was involved in numerous acquisitions, increasing Eaton’s presence outside of North America and establishing a strong global footprint. Mr. Carson was also a key LEAN proponent, enabling operating margin expansion and increased cash flow from operations at Eaton. Mr. Carson will retire from Eaton later this month.

Prior to joining Eaton in February 1999, Mr. Carson had a twenty-six year career with Rockwell International Corporation in which he was responsible for many of the Company’s automation businesses. Mr. Carson also serves on the Board of Directors for Fairchild Semiconductor International, Inc., Nordson Corporation and Southwire Company, one of the world’s largest cable and wire manufacturers. Mr. Carson received a Bachelor of Science degree in Electrical Engineering from Valparaiso University.

"We are very pleased that Randy has agreed to join our Board,” commented Craig Shular, Chief Executive Officer of GrafTech. "We believe that Randy’s strong business experience and solid growth track record will add value to our Board of Directors, the Company and our stockholders.”

GrafTech International Ltd. is one of the world’s largest manufacturers and providers of high quality synthetic and natural graphite and carbon based products and technical and research and development services, with customers in 70 countries engaged in the manufacture of steel, automotive products and electronics. We manufacture graphite electrodes, products essential to the production of electric arc furnace steel. We also manufacture thermal management, fuel cell and other specialty graphite and carbon products for, and provide services to, the electronics, power generation, solar, oil and gas, transportation, petrochemical and other metals markets. We operate 11 manufacturing facilities strategically located on four continents. For additional information on GrafTech International Ltd., call 216-676-2000, or visit our website at www.graftech.com.

NOTE ON FORWARD-LOOKING STATEMENTS: This release and any related discussions may contain forward-looking statements about such matters as future benefits of organizational changes. We have no duty to update these statements. Actual future events, results and conditions could differ materially due to various factors, including risks and uncertainties detailed in our filings with the SEC, as well as future decisions by us. No statement in this release or any related discussions shall constitute a reaffirmation or updating of any earnings or other guidance as of date after that on which originally publicly disclosed.

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