ARQUES Industries AG / Acquisition 30.04.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Manufacturer of high-quality steel tubes with revenues of approximately EUR 60 million Typical ARQUES transaction: Niche manufacturer with large value creation potential Starnberg, April 30, 2008 - ARQUES Industries AG (ISIN DE005156004) has taken over all shares in the precision steel tube manufacturer, Carl Froh GmbH, Sundern. The seller is the stock exchange listed Finnish Rautaruukki Corporation (Ruukki) with headquarters in Helsinki, who is to concentrate more on its core business in the future. Carl Froh is a leading manufacturer of precision steel tubes and generated revenues of approximately EUR 60 million in 2007. The parties agreed not to disclose the purchase price. The transaction is subject to the usual approval of the relevant cartel authorities. With approximately 200 employees, Carl Froh produces high-quality, welded precision steel tubes particularly for the household and automotive appliance industries and generated revenues of approximately EUR 60 million on a profitable basis in 2007. The company supports its customers throughout the complete development process from concept analysis, project planning and design to series production. Based on its location-bound know-how, Carl Froh is in a position to manufacture welded tubes and size-rolled tubes to the highest quality standards which simultaneously contributes to a reduction in the customers production costs. The company has a broad customer and supplier base. In accordance with its business model, ARQUES takes over Carl Froh free of bank debts and, in addition, acquires three real estate properties within the context of the transaction. 'The takeover of Carl Froh proves that ARQUES has established itself as a business partner of European conglomerates regarding spin-offs of subsidiaries no longer belonging to the core business. Carl Froh is extremely well positioned in the market and has a very large appreciation potential', said ARQUES chairman of the executive board, Dr. Michael Schumann. The takeover is the second of a total of 10 to 15 acquisitions planned for 2008. In addition, ARQUES wants to sell between 5 and 7 successfully restructured subsidiaries in the current year. With Missel, Oxiris and Jahnel-Kestermann, ARQUES has already sold 3 companies from its investment portfolio this year. About ARQUES: ARQUES Industries AG, Starnberg, (www.arques.de), is a business partner of conglomerates regarding company spin-offs and a turnaround specialist who focuses on the acquisition and the active restructuring of companies in transitional situations, in order to develop these, with its own team and own resources, to competitive enterprises with a positive yield. ARQUES revitalises its subsidiaries' potential for creating value for the benefit of all its stakeholders, taking on the relevant social responsibility. The shares of ARQUES Industries AG are traded in the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the symbol 'AQU' (ISIN: DE0005156004) and are listed in the MDAX as of October 1, 2007. ARQUES Industries AG Investor Relations & Corporate Communication Anke Lüdemann, CEFA/CIIA Email: luedemann@arques.de Public Relations Christian Schneider Email: schneider@arques.de Tel.: +49 (0) 8151/ 651 0 DGAP 30.04.2008 --------------------------------------------------------------------------- Language: English Issuer: ARQUES Industries AG Münchner Str. 15a 82319 Starnberg Deutschland Phone: +49 (0)8151 651-0 Fax: +49 (0)8151 651- 500 E-mail: luedemann@arques.de Internet: www.arques.de ISIN: DE0005156004 WKN: 515600 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------