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Pipelife acquires Instaplast in Czech Republic

Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this
announcement.
----------------------------------------------------------------------
--------------




- Pipelife reinforces product portfolio in fast-growing market
- Acquisition of Instaplast broadens geographical scope in Eastern
Europe

Vienna, June 27, 2008 - Pipelife, one the leading producers of
plastic pipe systems, acquires Instaplast Praha a.s. in Czech
Republic. Instaplast is headquartered in Prague, Czech Republic. The
company is specialized in premium hot and cold plastic pipe systems
for Eastern Europe, which is a very fast growing market segment.
Apart from the Czech Republic, the company is supplying its systems
to Bulgaria, Russia and the Ukraine. In 2007 Instaplast Praha a.s.
had 94 employees which accounted for a turnover of approximately ¤ 11
million. The parties have agreed not to disclose any information on
the purchase price for this transaction. The contract is subject to
any possible approvals to be rendered by public authorities. Pipelife
is a 50/50 joint venture of Wienerberger with Solvay.

Development of Pipelife's position in Eastern Europe
The CEO of the group, Miguel Kohlmann, explained: "This acquisition
will further develop Pipelife's leading market position in Eastern
Europe. Through Instaplast's high quality and competitive product
range, Pipelife will further complete its product offering,
especially in one of the fastest growing market segments, which are
hot and cold water applications. Our customers will strongly benefit
from this acquisition."

Strategic acquisition with potential for synergies
Willy Van Riet, Chief Financial Officer of Wienerberger AG and member
of the Board of Directors of Pipelife, adds: "We are content of the
positive development of the Pipelife Group in recent years. The
acquisition of Instaplast is an opportunity to increase synergies and
marks a further important step to strengthen Pipelife's position in
Central and Eastern Europe."

Pipelife: 50/50 joint venture of Wienerberger and Solvay
The Pipelife Group is a 50/50 JV between Wienerberger and Solvay. It
is one of Europe's leading Plastic Pipes and Fittings groups. It is
now active in 29 countries and operates 30 factories with 2,900
employees achieving sales totalling ¤ 876 million in 2007. Pipelife
is consolidated by Wienerberger Group at equity.

Wienerberger - the world's largest producer of bricks
Wienerberger is the world's largest producer of bricks and Nr. 2 on
the clay roof market in Europe. It also holds leading positions in
pavers in Europe, with a total of 260 plants in 26 countries. In 2007
Wienerberger Group achieved revenue of ¤ 2,477.3 million and EBITDA
of ¤ 551.2 million.

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

Miguel Kohlmann, CEO Pipelife
T +43(2236)43939-12 | miguel.kohlmann@pipelife.com

Download the Press Release from: www.wienerberger.com

If you do not wish to receive the Wienerberger newsletter any longer,
send an e-mail with subject: "unsubscribe newsletter" to
communication@wienerberger.com.



--- End of Message ---

Wienerberger AG
Wienerbergstraße 11 Vienna Austria

WKN: 83170;
ISIN: AT0000831706; Index: WBI, ATX , ATX Prime;
Listed: Prime Market in Wiener Boerse AG;
Copyright © Hugin AS 2008. All rights reserved.



 
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