Dodd-Frank Act Section 1502

Dear Customer,

In July 2010, the United States enacted the "Dodd-Frank Wall Street Reform and Consumer Protection Act". Companies that use certain materials are required to comply with reporting and publicity obligations for disclosing use of conflict minerals.

Conflict minerals are raw materials which originate in the Democratic Republic of Congo (DRC) or its adjoining countries. Trading with these raw materials finances directly or indirectly armed groups in those conflict areas. We are concretely affected by this with tungsten which is primarily used in the production of our carbide cutting tools.

Our statement is available for download.

If you need any further information, please contact:

Christina Wagner

Tel.: +49 (0) 9123 / 186-650
Fax: +49 (0) 9123 / 186-450
E-Mail: [email protected]

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