Amsterdam, 28 March 2008 --- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announced that its wholly owned subsidiary AMG Invest GmbH has purchased 10.8% of the outstanding shares of Graphit Kropfmuehl Aktiengesellschaft, Hauzenberg.
On 18 March 2008 AMG Invest GmbH announced that it had entered into a Sale and Purchase Agreement with Quantum Unternehmensbeteiligung GmbH & Co., Hamburg, ("Quantum") by which Quantum has sold 62,3% of the shares in Graphit Kropfmuehl AG to AMG Invest GmbH for EUR 18.25 per non-par value share in Graphit Kropfmuehl AG. Concurrently on that day AMG announced the decision to launch a voluntary public tender offer to acquire all non-par value bearer shares in Graphit Kropfmuehl AG. After approval of the German Federal Financial Supervisory Authority (BaFin) the Offer Document will be published. The voluntary tender offer will be, as is the Sale and Purchase Agreement with Quantum, contingent upon the fulfillment of certain customary terms and conditions, including the approval by the German Federal Cartel Office (Bundeskartellamt).