Wienerberger signs agreement to acquire clay paver specialist Korevaar

- Strengthening of clay paver growth segment in the Netherlands through acquisition of third largest producer

- Potential for synergies and future investments

Vienna, June 18, 2007 - Wienerberger AG, the world's largest producer of bricks and the number two in clay roof tiles in Europe, is continuing its expansion strategy in the Netherlands and also strengthening its position on the rapidly growing clay paver market with the acquisition of Korevaar. This Dutch building materials producer generated revenues of roughly € 26.5 million and EBITDA of € 3.5 million in 2006 with 74 employees. The parties have agreed not to disclose any information on the purchase price for this transaction.

Strengthening of market position in clay paver segment

Heimo Scheuch, member of the Managing Board of Wienerberger AG with responsibility for North-West Europe, explained the rational for this investment: "The acquisition of the third largest clay paver producer in the Netherlands will increase our production capacity in this product area and also expand our portfolio. Additionally, we will organically grow our brick and roof tile business over the coming years. The clay pavers segment nearly doubled in volume from 185 to 330 million units between 2000 and 2006, and we expect further growth over the mid-term. With this product we intend to concentrate not only on the market for public infrastructure projects but, in particular, on private construction."

Clay paver-specialist with two locations

Korevaar was founded in 1925 and is one of the largest clay paver producers in the Netherlands. The company' headquarters are located in the foreland of the Waal River and its production facilities are in Zennewijnen near Tiel and Schipperswaard in the Neder Betuwe region. The production capacity of these two plants totals 80 million WF (= standard format for facing bricks). Roughly 85% of this capacity is used to produce pavers and the remaining 15% for facing bricks. The necessary approvals have already been received to expand capacity at Schipperswaard. In addition, Korevaar also owns sufficient clay reserves as well as the sales unit Bos & Vermeer.

Potential for synergies and future investments

"The capability of these plants to produce both clay pavers and facing bricks will give us greater flexibility in allocating production. We also see a significant potential for synergies as well as future investments through our bolt-on program, which will make it possible for us to further expand our market positions and product portfolio for our customers over the long-term," added Heimo Scheuch in conclusion.

Netherlands: third largest single market with 10% of Group revenues

The Netherlands represent the third largest single market for Wienerberger AG, and generate 10% of Group revenues. The acquisition of Korevaar forms a part of the profitable Wienerberger growth program, which is expected to exceed € 400 million in 2007.