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 2 April 2009 Click here for PDF of Release

NEWS RELEASE

(BRISBANE, Queensland, 2 April 2009) – Knauf Insulation, one of the leading and fastest-growing global insulation manufacturers, has completed the acquisition of Australian Building Foils Pty Ltd. (ABF).

ABF is a manufacturer of reflective foil insulation products which is based in Mansfield, Queensland, supplying a wide range of products including housewrap and sarking.

The acquisition is part of Knauf Insulation’s worldwide strategy to offer market leading energy efficiency solutions for buildings, and provides the opportunity for the company to develop insulation solutions specifically for Australian climatic conditions, which can also be combined with other Knauf Insulation products such as glasswool, rock mineral wool and plasterboard.

Customers of ABF will benefit from the acquisition by having access to other Knauf Insulation products such as glasswool batts and rolls.

Knauf Insulation is a leading global manufacturer of thermal and acoustical insulations for residential, commercial and industrial applications. For more information about Knauf Insulation sales and products, visit www.knaufinsulation.com.au

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