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DGAP-Adhoc: SGL CARBON SE: Based on the preliminary results of fiscal year 2013 and the weak start into the new year the Board of Management of SGL Carbon SE will not propose a dividend payment for fiscal year 2013

February 20, 2014

SGL CARBON SE / Key word(s): Preliminary Results/Dividend 20.02.2014 18:20 Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Wiesbaden, 20 February 2014. SGL Carbon SE has completed an extremely difficult fiscal year 2013. In June 2013 the full year EBITDA guidance was reduced to 50 - 60% below the prior-year level of EUR240 million. According to preliminary results, the Company has achieved this full year guidance at the lower end of the range due to a further weak development in the fourth quarter 2013. In addition to the weak operational result, the earnings situation was significantly burdened by impairment charges in the Business Area Carbon Fibers & Composites (CFC) and in the deferred tax assets, which were already recorded in the second quarter 2013. As anticipated, the measures defined in the cost savings program SGL2015, which have already been partially implemented, have led to restructuring expenses in the second half year of 2013. As announced, these expenses amount to a high double-digit million euro figure. Altogether, SGL Group expects a Group net loss of almost EUR400 million. The negative trends observed in the final quarter 2013 have continued into the first weeks of the new fiscal year 2014, particularly in the main business with graphite electrodes. If this development does not improve significantly in the course of the year, it will be difficult to achieve the operating earnings level of 2013, as the expected improvements in most other Business Units will not suffice to compensate for the decline in the graphite electrode business. In light of the high net loss in the fiscal year 2013 as well as the weak start into the new year, the Board of Management of SGL Carbon SE will not propose a dividend payment for the fiscal year 2013. The Company feels committed to its shareholders to resume payment of a continuous, earnings related dividend with the sustainable recovery of profitability. 20.02.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SGL CARBON SE SÖhnleinstraße 8 65201 Wiesbaden Germany Phone: +49 (0)611 6029 - 0 Fax: +49 (0)611 6029 - 101 E-mail: investor-relations@sglgroup.com Internet: www.sglgroup.de ISIN: DE0007235301, DE000A1YC9C9 WKN: 723530, A1YC9C Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Hamburg, Hannover, MÜnchen, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------


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Source: DGAP Ad Hoc Disclosures


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