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ThyssenKrupp AG (THK)

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Friday 18 January, 2008

ThyssenKrupp AG

1st Quarter Results

ThyssenKrupp AG
                  

Forecast for current fiscal year confirmed

As expected, first-quarter earnings before major nonrecurring items lower than a
year earlier at EUR 700 million

ThyssenKrupp confirms its forecast for the current fiscal year 2007/2008 and -
if the economy behaves as expected - anticipates a positive performance overall
in 2007/2008 and 2008/2009. Executive Board Chairman Dr. Ekkehard Schulz: 'For
the current fiscal year the Executive board expects sales of EUR 53 billion and
earnings before taxes and major nonrecurring items, including start-up costs for
the steel mills in Brazil and the USA, of over EUR 3 billion.'

As expected, earnings before major nonrecurring items in the first quarter of
the current fiscal year will be lower than a year earlier at around EUR 700
million. Initial figures available confirm this. The prior-year quarter was
boosted by exceptionally strong demand and very high base prices for stainless
steel which are absent this time in the Stainless and Services segments.
ThyssenKrupp is ahead of budget in the first quarter and fully in line with its
planning for the current fiscal year.

Executive Board Chairman Dr. Ekkehard Schulz: 'Our mid-term sales target is EUR
60 billion, while our sustainable goal for earnings before taxes and major
nonrecurring items is EUR 4 billion. In the longer term, especially after the
startup of the steel mills of Steel and Stainless in North America and the
investments of the other segments in other regions, our sales target is in the
region of EUR 65 billion and our target for earnings before taxes and major
nonrecurring items is EUR 4.5 billion - EUR 5.0 billion.'

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ThyssenKrupp AG
August-Thyssen-Straße 1, 40211 Düsseldorf
Corporate Press Office
Communications and Strategy
Telefon: (0211) 824-36007, Telefax: (0211) 824-36041
Internet: www.thyssenkrupp.com
Email: [email protected]
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