Press Releases 2004


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	Press Releases

March 16, 2004

SGL Carbon increases prices for graphite electrodes

WIESBADEN, March 16, 2004. With immediate effect for all new business, SGL Carbon Group increases prices of its core product graphite electrodes in North and South America by 150 US$/ton. This price increase applies to products of all diameter. It is triggered by significantly higher raw material prices supported by tightness of graphite electrode supply. All plants remain operating near capacity. The Company does not expect this situation to change in the near future.

This price adjustment is to be seen in context with the price increases for graphite electrodes announced already at the end of January 2004 for Europe, the Near Middle East and Africa. As the majority of the graphite electrode order book for the current year has been placed, the announced price increases will have an effect only as of year-end 2004.

No offer:
This announcement does not constitute an offer to sell, or a solicitation of an offer to buy or sell, any securities of SGL Carbon. Securities may not be offered or sold in the United States absent registration or an exemption from registration; any public offering of securities in the United States must be made by means of a prospectus that may be obtained from the issuer and that contains detailed information about the company and management as well as financial statements.

Forward-looking statements:
This press release contains forward-looking statements. These statements reflect the current belief of SGL Carbon's management as well as assumptions made by, and information available to, the SGL Group. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual future results and developments could differ materially from those set forth in these statements due to various factors. These factors include changes in the general economic and competitive situation, particularly in SGL Carbon's businesses and markets; changes resulting from acquisitions and the subsequent integration of companies; and changes resulting from restructuring measures. In addition, future results and developments could be affected by the performance of financial markets; fluctuations in exchange rates; changes in national and supranational law, particularly with regard to tax regulations; and other risks and uncertainties, including those detailed in SGL Carbon's filings with the U.S. Securities and Exchange Commission. SGL Carbon assumes no obligation to update forward-looking statements.