Hedehusene, Denmark, 2010-12-22 06:32 CET (GLOBE NEWSWIRE) -- Release no. 20 - 2010 To NASDAQ OMX Nordic Exchange Copenhagen A/S This is a translation of the Danish version. Only the Danish version is legally binding. ROCKWOOL INTERNATIONAL A/S Hovedgaden 584, Entrance C DK2640 Hedehusene Phone: +45 4656 0300 www.rockwool.com Danish CVR no: 54879415 22 December 2010 Closing of Asian acquisition In continuation of the stock exchange release as of 6 July 2010, the Rockwool Group is pleased to announce the entering into force of the acquisition agreement with the Australian CSR Group. The relevant approvals are now in place and the acquired activities will be integrated into the Rockwool Group with accounting effect as of today. The Rockwool Group will with the finalisation of the agreement acquire CSR's insulation, panels and trading businesses across the Asian region for a consideration of AUD 128 million. The insulation business operates three mineral wool factories located in China, Malaysia and Thailand. The business also owns and operates a sandwich panel plant at the premises of its insulation plant in China. Additional to the activities in China, Malaysia and Thailand, the acquired business includes representation offices in the Philippines, Vietnam and Singapore. The number of employees of the acquired activities is 773. The total number of Rockwool employees in the Asian region will hereafter be around 900. Further information: Gilles Maria Chief Financial Officer Rockwool International A/S +45 46 56 03 00