SOURCE: RHJ International SA

February 13, 2007 02:37 ET


BRUSSELS, BELGIUM -- (MARKET WIRE) -- February 13, 2007 --

Brussels, February 13, 2007 - Asahi Tec Corporation ("Asahi Tec"), a portfolio company of RHJ International (EURONEXT: RHJI), announced today that 33,000,000 new shares of its common stock will be offered in a placement with investors in various countries.

Asahi Tec expects to use at least 80% of the net proceeds to repay outstanding debt of Metaldyne (a US-based leading global supplier of powertrain and chassis systems and components for the automotive industry) which Asahi Tec recently acquired.

The placement to investors is expected to be completed between March 5, 2007 and March 7, 2007.

The managers in this placement may also purchase up to an additional 1,900,000 new shares from Asahi Tec until March 22, 2007.


About RHJ International:

RHJ International (EURONEXT: RHJI) is a limited liability company organized under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, Belgium. It is a diversified holding company focused on creating long-term value for its shareholders by acquiring and operating businesses in attractive industries in Japan and elsewhere.

For further information please contact:

Investor Relations Contact:
Arnaud Denis
RHJ International
e-mail :

This press announcement does not constitute an offer or invitation to purchase any securities or a solicitation of any offer to buy any securities.

This news release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933 (the "Securities Act"). They may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. If any public offering of securities is made in the United States, it will be by means of a prospectus that may be obtained from the issuer that will contain detailed information about the issuer and management, as well as financial statements. No public offering of the securities will take place in the United States.

No public offering of the securities mentioned herein will take place in Belgium. This press release does not, and should not be taken to, constitute an offer for sale or solicitation of purchase in Belgium

In the United Kingdom, this communication is directed only to persons who (i) are outside the United Kingdom or (ii) have professional experience in matters relating to investments or to whom this announcement may otherwise be directed without contravention of section 21 of the Financial Services and Markets Act 2000 (all such persons together being referred to as "relevant persons"). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.

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