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Wienerberger AG (0GIK)

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Thursday 04 December, 2008

Wienerberger AG

Wienerberger completes takeover of Petrinja bri...



Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this 
announcement. 
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- Acquisition of the remaining shares in IGM Ciglana d.o.o. Petrinja

Vienna, December 4, 2008 - Wienerberger AG, the world's largest
producer of bricks and the number two in clay roof tiles in Europe,
has completed the takeover of the Petrinja clay block plant with the
acquisition of the remaining 75% stake in this company as of December
1, 2008. Together with the 25% investment that was purchased seven
months ago, this location 50 km south of Zagreb is now owned entirely
by the Wienerberger Group. The plant has a production capacity of 110
million NF (= standard format for bricks) and generated revenues of
approx. ┬Ą 7.5 million in 2007. The parties have agreed not to reveal
any information on the price for this transaction.

Synergies through 100% integration
"The market environment in Croatia is also becoming more difficult in
the wake of the international financial crisis. However, brick
products are the dominating building material for walls in this
country with a share of more than 85% and the local residential
construction market has shown sound development in recent years. We
expect this trend will continue over the mid-term, above all as a
result of Croatia's upcoming accession to the EU. In addition, we are
now successfully exporting our products to the neighboring
Bosnia-Herzegovina from Croatia. We are therefore optimistic that the
100% integration of Petrinja into our Croatian company will allow us
to realize positive synergies", explained Johann Windisch, member of
the Managing Board of Wienerberger AG with responsibility for
Central-East Europe and North America.

For additional information contact:
Karin Hofmann, Public Relations
T +43(1)60192-463  |  communication@wienerberger.com

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Wienerberger AG
Wienerbergstra├če 11 Vienna Austria

WKN: 83170; 
ISIN: AT0000831706; Index: WBI, ATX , ATX Prime;
Listed: Prime Market in Wiener Boerse AG;