Franz Buxbaum New Head of RHI Division Raw Materials

The world market leader in refractories, RHI AG, has recently assigned a management function: Franz Buxbaum (54) is named head of RHI’s Raw Materials Division, effective September 1, 2010. Buxbaum is, together with his team, responsible for the Group’s entire raw material activities. He has held various management positions within RHI AG since 1996.

His most recent assignment was the responsibility of the Raw Materials Divisions’ manufacturing. Franz Buxbaum has a degree in technical physics from University Graz and an Executive MBA from Imadec University Vienna – San Francisco. Before coming to RHI 14 years ago, Buxbaum worked with Steyr-Daimler-Puch, Böhler, Veitsch-Radex as well with Tyrolit Schleifmittelwerke Swarovski in Austria.

Ernst Stoelzel, the former head of this division, has requested his resignation. RHI also would like

to thank Mr. Stoelzel for his contributions during his tenure with the Division Raw Materials.

RHI is the world market and technology leader in high-grade ceramic refractory products and services and

is based in Vienna. The Group employs 7300 people worldwide at 32 production sites and roughly 70

sales offices. In the first half of 2010, RHI reported revenues of EUR 741 million (in 2009: EUR 1,2 billion).

(08/2010)