Graphit Kropfmühl AG: Successful Annual General Meeting / positive forecast for 2011

Kropfmühl, Germany, 16 June 2011 --- The Annual General Meeting of Graphit Kropfmühl AG (DEUTSCHE BOERSE: 'GKR') was held in Munich today. About 70 shareholders and guests followed the invitation and attended the Annual General Meeting in the Munich Conference Centre of the Hanns Seidel Foundation.

In its presentation of the annual financial statements the Management Board reported a successful fiscal year 2010: 'Supported by the economic upturn business in the year 2010 developed very positively for the Graphit Kropfmühl group. The demand for GK products clearly increased in the main sales markets and application fields. Turnover and earnings targets were exceeded in both segments. In the group the turnover increased from EUR 84.6 million to EUR 96.9 million. As a result the consolidated earnings for the year (EBIT) increased from EUR 1.0 million to EUR 2.8 million.'

This positive business development also continued in the 1st quarter of 2011, and for the group the Management Board compared to the 1st quarter of 2010 thus reported a 42.9 % jump in turnover to EUR 30.9 million. Earnings (EBIT) in the 1st quarter of 2011 amounted to EUR 3.9 million.

Based on the excellent development of turnover and earnings in the first quarter of 2011, the current course of business, and the forecasts for the remaining fiscal year 2011, the Management Board of Graphit Kropfmühl AG - as already reported - raises its turnover forecast for the total year 2011 to more than EUR 110 million.

Provided that the future overall economic development remains stable, the Management Board of Graphit Kropfmühl AG expects that earnings will develop in accordance with the turnover increase.

The Management Board also reported about the raw material securing projects of the graphite segment. The exploration projects in Mozambique, Africa, proceed according to plan. A decision about the implementation and the financing possibilities of the projects is planned for the 2nd half year of 2011.

The Annual General Meeting approved the items on the agenda that were put to the vote with majorities of more than 99 %. The Annual General Meeting resolved to approve the actions of the Management Board and Supervisory Board members, and elected the auditor for fiscal year 2011.

In view the clear voting results Dr. Heinz Schimmelbusch, Chairman of the Supervisory Board of Graphit Kropfmühl AG, spoke of genuine 'graphite results' that absolutely live up to the high-quality silicon-metal and graphite products with purities of 99.5% and higher.

In its Supervisory Board Meeting on 15 June 2011 the Supervisory Board of Graphit Kropfmühl AG resolved to renew the Management Board contract of Mr. Hans-Detlef Antel for another three years.

For further information on Graphit Kropfmühl AG please visit www.gk-graphite.com.

Financial calendar
6-month report 2011                          10 August 2011
9-month report 2011                          09. November 2011
German Equity Forum, Frankfurt     21 - 23 November 2011

Forward-looking statements
This press release contains statements about future developments that are based on currently available information and may involve risks and uncertainties, the result of which may be that the actual results may differ from the forward-looking statements. Statements about future developments must not be understood as guarantees. Future developments and events rather depend on a variety of factors, they contain various risks and imponderabilities and are based on assumptions that might turn out to be incorrect. For example, these include unforeseeable changes of the general political, economic, and social conditions.

Information on the company
Graphit Kropfmühl AG is a specialist for the production of silicon-metal and a globally leading supplier of refined natural graphite, with locations in Europe, Asia and Africa. The company that is listed in the Prime Standard (ISIN: DE0005896005) provides its customers with silicon-metal and graphite solutions for the most versatile applications. Silicon-metal is used in the chemical, aluminium, semiconductor and solar cell industries. High-quality graphite among others is used in lubricants, carbon brushes for electric motors, and in the chemical industry, for example for thermal insulation and energy saving programs.