KKR disposes of stake in Zumtobel Group shares

• About 2,440,429 million shares sold over the counter to various institutional investors
• Freefloat increases to approx. 65,9%

Dornbirn, Austria, Dec. 11, 2006 - The private equity firm KKR has sold its outstanding ordinary shares of Zumtobel Group, representing 5,5% of its share capital. The transaction was conducted over the counter through Bank Austria Creditanstalt AG. About 2,440,429 million ordinary shares were subsequently sold to various institutional investors.

The shareholder structure of the company will be as follows after the placement: Around 34% Zumtobel family and 65,9% free float. The shares are listed on the Vienna Stock Exchange (ATX) since its initial public offering on 12 May 2006.

The Zumtobel Group - global market leader in the lighting industry

The Zumtobel Group, based in Dornbirn in the Vorarlberg region of Austria, is one of the few global players in the lighting industry. The Group, which started life as Elektrogeräte und Kunstharzpresswerk W. Zumtobel KG in 1950, today employs a workforce of over 7,200 and in the 2005/06 financial year posted revenues of EUR 1,184.2 million. Under the leadership of its Executive Board of Dr. Andreas J. Ludwig (CEO) and Thomas Spitzenpfeil (CFO), the Group today comprises two subgroups. Zumtobel Lighting Division, the luminaire business, includes the Thorn and Zumtobel brands along with their shared production network, International Lighting Technologies. The TridonicAtco Division handles the lighting components side of the business. The financial year of the Zumtobel Group commences on May 1 and ends on April 30. Further details on the Zumtobel Group can be found on the Internet at: www.zumtobelgroup.com

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