18.01.2006 – 08:35

Schoeller-Bleckmann Oilfield Equipment AG

euro adhoc: Schoeller-Bleckmann Oilfield Equipment AG
Financial Figures/Balance Sheet
Schoeller-Bleckmann Oilfield Equipment AG: Preliminary figures show clear increase in profit before tax to MEUR 24 (+55%) in fiscal 2005 - Record order backlog of M

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18.01.2006

Ternitz, January 18, 2006. Schoeller-Bleckmann Oilfield Equipment AG
(SBO), listed on the prime market of the Vienna Stock Exchange,
posted a clear rise in profit in 2005 according to preliminary
figures. Profit before tax went up to around MEUR 24 (following MEUR
15.5), an increase of approx. 55%. Based on preliminary figures,
group sales reached MEUR 172.6, some 13% above last year’s MEUR
152.2.

Bookings received were worth MEUR 268.8, up 66% against the previous
year (MEUR 161.5). With an all-time high order backlog of MEUR 134.0
as at December 31, 2005, the volume more than tripled over the
previous level of MEUR 38.8.

The overall economic environment in 2005 was highly gratifying for
the oilfield service industry. In the medium run, the strong demand
for oil and gas by the booming economies of Asia can be covered only
by exploring new reservoirs, which resulted in a sharp increase of
drilling activities in 2005. As a consequence, demand for oilfield
service equipment went up markedly.

SBO will publish the final results for fiscal 2005 having ended on
December 31, 2005 on March 15, 2006.

Schoeller-Bleckmann Oilfield Equipment AG is the global market leader
in high-precision components for the oilfield service industry. The
business focus is on non-magnetic drillstring components for
directional drilling. Worldwide, SBO employs a workforce of 913
(Dec.31, 2004: 809; adjusted for the Bafco subsidiary divested in the
first quarter of 2005), currently 234 at Ternitz, Lower Austria and
468 in North America (including Mexico).

end of announcement                               euro adhoc 18.01.2006 08:30:00

Further inquiry note:

Gerald Grohmann, CEO,
Schoeller-Bleckmann Oilfield Equipment AG,
A-2630 Ternitz, Hauptstraße 2,
Tel: +43 2630/315 ext 110, fax: ext 101,
E-mail: sboe@sbo.co.at

Mick Stempel, Hochegger|Financials,
Tel.:+43 1/504 69 87 ext 85,
E-Mail: m.stempel@hochegger.com

Branche: Oil & Gas - Upstream activities
ISIN: AT0000946652
WKN: 907391
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official dealing

Original content of: Schoeller-Bleckmann Oilfield Equipment AG, transmitted by news aktuell