Dear Customer,

We are pleased to announce that as of April 3, 2008, Morgan Construction Company, Worcester, Massachusetts/USA, and their subsidiaries in China, India, the United Kingdom and Brazil have become part of the Siemens company.

Combining Morgan's products and know-how with Siemens' automation competence now enables us to present one face to the customer when offering complete solutions for equipping wire rod mills and high speed bar mills. The integration of these two companies will enable us to set the market standards for future technological development. The addition of Morgan's production plants will also enhance Siemens VAI's own value chain. The engineering and service capacities we are gaining from Morgan will also further strengthen the support we can offer customers, from modernizing and upgrading plants to spare-part management and retrofitting.

With enhanced technological, manufacturing and service competencies resulting from the merger, as well as our worldwide sales network, we sincerely believe that this will provide added value for you our customer.

Dr. Richard Pfeiffer
CEO Siemens VAI Metals Technologies

For more info visit: www.siemens-vai.com