GEORG FISCHER ANNOUNCES STRONG SALES GROWTH FOR 2007

GEORG FISHER ANNOUNCES THAT ALL OF ITS CORPORATE GROUPS, including GF AgieCharmilles, have experienced significant sales growth over the first half of 2007.


GEORG FISHER ANNOUNCES THAT ALL OF ITS CORPORATE GROUPS, including GF AgieCharmilles, have experienced significant sales growth over the first half of 2007. Recorded sales have increased by 13%, to a total of $1.85 billion yearto- date.

Total sales for GF AgieCharmilles increased by 6%. The corporate group also achieved an EBIT margin of 6.8%, representing an increase from the previous year. Growth was driven primarily by strong demand across Europe and Asia, though the company also experienced higher levels of demand for high-speed and high-performance milling machines in North America.

"The first half of 2007 has been very successful both for AgieCharmilles and our parent company, Georg Fischer," says Glynn Fletcher, president of AgieCharmilles.

October 2007
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