Ad hoc notification pursuant to § 15 of the German Securities Trading Act (Wertpapierhandelsgesetz)

SGL Carbon SE: Difficult carbon fiber end-markets continue to burden EBIT of Business Area Carbon Fibers & Composites

Wiesbaden, July 30, 2012. As previously guided, SGL Group’s Q2/2012 EBIT on the Group level will approximately reach the level of Q1/2012 Group EBIT. However, while the Business Areas Performance Products and Graphite Materials & Systems continue to perform as anticipated, the Business Area Carbon Fibers & Composites (BA CFC) is facing additional delays in military and civil aviation projects, a major production facility shutdown of a customer in the wind industry on top of an overall weak demand envi-ronment for industrial carbon fibers in particular. As a result, EBIT in BA CFC in Q2/2012 did not show the expected improvement over Q1/2012 but will remain approximately on the level of the Q1/2012 loss of €8 million.

As the end market conditions of the BA CFC show no immediate signs of improvement, we now expect full year 2012 BA CFC losses to be higher than in 2011 versus the pre-vious expectations of a loss reduction. Nevertheless, the Company expects the BA CFC losses in the second half to improve compared to the first half of this year.

As a result, full year 2012 Group EBIT is now expected to be in the range of the 2011 full year Group EBIT of €160 million.

The half year 2012 report and outlook will be published on August 9, 2012.

Important information

This press release constitutes neither an offer to sell nor a solicitation to buy any securities.

This press release is not being issued in the United States of America and must not be distributed to publications with a general circulation in the United States. This press release does not constitute an offer or invitation to purchase any securities in the United States. The securities of SGL Carbon SE have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered, sold or delivered within the United States absent from registration under or an applicable exemption from the registration requirements of the Securities Act.

This document is directed only at persons (I) who are outside the United Kingdom or (II) who have professional experi-ence in matters relating to investment falling within article 19(5) of the Financial Services and Markets Act 2000 (Finan-cial Promotion) Order 2005 (as amended) (the "Order") or (III) who fall within article 49(2)(A) to (D) ("high net worth companies, unincorporated associations, etc.") of the Order (all such persons together being referred to as "relevant persons"). Any person who is not a relevant person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.

About SGL Group – The Carbon Company

SGL Group is one of the world’s leading manufacturers of carbon-based products and materials. It has a comprehensive portfolio ranging from carbon and graphite products to carbon fibers and composites. SGL Group’s core competencies are its expertise in high-temperature technology as well as its applications and engineering know-how gained over many years. These competencies enable the Company to make full use of its broad material base. SGL Group’s carbon-based materials combine several unique properties such as very good electrical and thermal conductivity, heat and corrosion resistance as well as high mechanical strength combined with low weight. Due to industrialization in the growth regions of Asia and Latin America and increased substitution of traditional with innovative materials, there is a growing demand for SGL Group’s high-performance materials and products. Products from SGL Group are used pre-dominantly in the steel, aluminum, automotive and chemical industries as well as in the semiconductor, solar and LED sectors and in lithium-ion batteries. Carbon-based materials and products are also being used increasingly in the wind power, aerospace and defense industries.

With 46 production sites in Europe, North America and Asia as well as a service network covering more than 100 countries, SGL Group is a company with a global presence. In 2011, the Company’s workforce of around 6,500 employees generated sales of €1,540 million. The Company’s head office is located in Wiesbaden.

Further information on the SGL Group can be found online at: www.sglgroup.com.





Additional Information:
ISIN: DE0007235301
Listing: Amtlicher Markt / Prime Standard / Frankfurter Wertpapierbörse
(Official Market / Prime Standard / Frankfurt Stock Exchange)
Company's seat: Wiesbaden


Important note

This press release may contain forward-looking statements based on the information currently available to us and on our current projections and assumptions. By nature, forward-looking statements involve known and unknown risks and uncertainties, as a consequence of which actual developments and results can deviate significantly from these forward-looking statements. Forward-looking statements are not to be understood as guarantees. Rather, future developments and results depend on a number of factors; they entail various risks and unanticipated circumstances and are based on assumptions which may prove to be inaccurate. These risks and uncertainties include, for example, unforeseeable changes in political, economic, legal, and business conditions, particularly relating to our main customer industries, such as electric steel production, to the competitive environment, to interest rate and exchange rate fluctuations, to technological developments, and to other risks and unanticipated circumstances. Other risks that in our opinion may arise include price developments, unexpected developments connected with acquisitions and subsidiaries, and unforeseen risks associated with ongoing cost savings programs. SGL Group does not intend or assume any responsibility to revise or otherwise update these forward-looking statements.

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