Company Announcement No. 247, 2011 Copenhagen, Denmark, 2011-07-01 08:04 CEST (GLOBE NEWSWIRE) -- H+H International A/S Dampfærgevej 3, 3rd Floor 2100 Copenhagen Ø Denmark Telephone: +45 35 27 02 00 www.HplusH.com Preliminary assessment by the federal cartel office in Germany of Xella International Holdings S.à.r.l.'s merger notification targeting H+H International A/S Reference is made to prior company announcements informing of Xella International Holdings S.a.r.l.'s (Xella) merger notification targeting H+H International. The merger notification was filed with the Commission unilaterally by Xella without acceptance from H+H International. As far Germany concerns, the Commission decided to refer the decision on the merger notification to the Bundeskartellamt (the German federal cartel office) for its decision. On 24 June 2011, H+H International received a confidential letter from the Bundeskartellamt. According to the letter, the Bundeskartellamt at this point in time intends to prohibit the notified transaction (i.e. Xella's intention to make a public bid for the H+H International shares). The assessment is preliminary and may change as the investigation is still ongoing. On 28 June 2011, the Bundeskartellamt informed H+H International that the review period had been extended till 26 September 2011. Since H+H International now has learned that information about the extension of the review period has become known, H+H International has decided to inform about the confidential letter from the Bundeskartellamt. Michael T Andersen CEO Niels Eldrup Meidahl CFO For additional information please contact: Michael T Andersen, CEO, or Niels Eldrup Meidahl, CFO, on telephone +45 35 27 02 00 This is a translation of the company's announcement in Danish. In case of inconsistency between the Danish text and this English translation, the Danish text shall prevail.