Ad hoc notification


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INVESTOR RELATIONS




	Ad hoc Notification

January 6, 2005

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

SGL Carbon divests its Surface Protection Business

Wiesbaden, January 6, 2005. SGL Carbon announced today the sale of its shares in SGL Acotec GmbH to the Munich-based investment company ADCURAM Industriekapital AG. SGL
Acotec GmbH had been responsible for SGL Carbon’s surface protection business. The divestiture will eliminate consolidated sales of approximately 120 € million based on preliminary figures for 2004.

In the context of this share deal, the financial investor specialized in the acquisition of medium-
sized companies is acquiring some 1,400 employees as well as all assets and liabilities
including pension obligations totaling approximately € 30 million. Adcuram will continue the
business in private ownership and further establish the internationally known brand names
HAW Linings and Keramchemie.

As a result of the sale, SGL Carbon AG will book a non-cash write-down of approximately €
58 million which includes already capitalized deferred tax assets.

Due to the decline of the balance sheet total resulting from the sale, the equity ratio, however,
will remain virtually unchanged at 24% following the completion of the transaction based on
a proforma calculation. The earnings potential of SGL Carbon will be favorably impacted by
focusing on its core businesses. Based on the expected results for 2004, the divesture will improve earnings per share by approximately € 0.27.

Already before the divestiture, the process technology business generating sales of approximately € 50 million was separated and integrated into the Graphite Specialties Business Unit. Process Technology is a mainstream and global business for SGL Carbon which hold a leading market and competitive position with further growth opportunities.

The described results of the sale and their impact on the consolidated balance sheet and income statement are based on preliminary calculations following the Company’s accounting
and valuation principles. They are subject to change and examination by the external auditor.
Final and certified consolidated annual financial statements are presently not yet available.

The investment bank Sal. Oppenheim jr. & Cie. KGaA advised SGL Carbon during the structure
and realization of the transaction.