Bolza-Schünemann Resigns from KBA; Company Reports Press Sales Decline

Koenig & Bauer Group: Preliminary Figures for 2008

Collapse in global demand impacts on balance sheet
• Sales fall 10.1% to €1,531.9m
• Order intakes shrinks 19.7% to €1,241.5m
• Substantial capacity cuts required
• Retrenchment drives up pre-tax loss to over €85m
• Sheetfed division posts heavy loss
• Web and special press division posts sizeable profit