SOURCE: Wienerberger AG

July 18, 2007 02:47 ET

Wienerberger acquisition of Arriscraft approved by unitholders

VIENNA, AUSTRIA--(Marketwire - July 18, 2007) -



- Approval of acquisition by Arriscraft unitholders with a vote of
87%
- Closing expected on July 20, 2007

Vienna, July 18, 2007 - General Shale, a wholly owned subsidiary of Wienerberger AG, the world's largest producer of bricks and the number two in clay roof tiles in Europe, is pleased to announce that the acquisition of 100 % of the operational entities of Arriscraft International Income Fund, a leading Canadian producer of manufactured stone, has been approved by the Arriscraft unitholders. Following the agreement from May 27, 2007, the Fund's unitholders have overwhelmingly approved the transaction in a special meeting on July 17, 2007 with a vote of approximately 87% of the voting unitholders at the meeting. The acquisition is expected to close on July 20, 2007. Subsequently, the façade specialist will be fully consolidated within the Wienerberger Group.

Quick integration expected

"The acquisition of Arriscraft will add a strong brand to the product portfolio of General Shale. Both companies' networks will combine to form a solid distribution system throughout North America. We see this combination creating excellent value for all our customers. In addition, the manufacturing and technical capabilities will create opportunities for further profitable growth in the USA and Canada. We expect the integration to occur quickly with the competent and experienced Arriscraft management team continuing to run the business", explained Dick Green, CEO of General Shale.

For additional information contact:
Karin Hofmann, Public Relations
T +43(1)60192-463  |  communication@wienerberger.com

Download the press release from: www.wienerberger.com

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