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NYSE:SRL 7.71 -0.03 -0.42% Volume: 4,337 December 5, 2022

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Statement By KHD Humboldt Wedag International Ltd.


HONG KONG, Jan. 18 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag International Ltd. (NYSE: KHD) said today that it knows of no fundamental reason for the recent decline in its stock price.

CEO Jim Busche said, "Our business continues to grow and to generate positive cash flow. The demand in the marketplace for our services is unabated, and we are continuing to bid on a growing number of new projects in Asia, Russia, the Middle East, Africa, and North America. Our balance sheet and financial resources are very strong, and we know of no fundamental reason for the recent sell-off in our shares."

    The Company plans to announce its 2007 results in March.
            Contact Information:
            Allen & Caron Inc          Rene Randall
            Joseph Allen (investors)   KHD Humboldt Wedag International Ltd.
            (212) 691-8087             (604) 683-8286
            Brian Kennedy (media)
            (212) 691-8087
            About KHD Humboldt Wedag International Ltd.

KHD Humboldt Wedag International Ltd. (the "Company") owns companies that operate internationally in the industrial plant engineering and equipment supply business, and specializes in the cement, coal and mineral industries. To obtain further information on the Company, please visit our website at

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's future growth, results of operations, performance and business prospects and opportunities. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain assumptions. These assumptions, which include, management's current expectations, estimates and assumptions about certain projects and the markets the Company operates in, the global economic environment, interest rates, exchange rates and the Company's ability to attract and retain customers and to manage its assets and operating costs, may prove to be incorrect.

SOURCE  KHD Humboldt Wedag International Ltd.
            -0-                             01/18/2008
            /CONTACT:  investors, Joseph Allen, +1-212-691-8087,,
            or media, Brian Kennedy, +1-212-691-8087,, both of Allen
            & Caron Inc, for KHD Humboldt Wedag International Ltd.; or Rene Randall of KHD
            Humboldt Wedag International Ltd., +1-604-683-8286,
            /Web site: /
            CO:  KHD Humboldt Wedag International Ltd
            ST:  Hong Kong
            IN:  CST MNG
            -- LAF081 --
            9472 01/18/2008 16:21 EST
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