AGY Announces New Partners in Asia-Pacific Region

Major Distributors Signed in Japan, China and Korea

AIKEN, SC, USA - (September 23, 2008) - AGY, a leading global producer of fiberglass yarns and high-strength fiberglass reinforcements, today announced that it has entered into partnership agreements with a network of distributors in the Asia-Pacific region to distribute AGY Continuous Filament Mat Products (CFM).

The appointment of six new distributors in Japan, China and Korea allows AGY to expand the availability of its glass reinforcement products and positions both AGY and its partners to take advantage of the growing need for CFM products in the region.

"We are excited to welcome these new distributors to the AGY family," said Drew Walker, AGY Vice President of Sales and Marketing. "Through these new partnerships, we will continue to improve and grow our international distribution structure to ensure the highest quality of service to our customers in Asia."

The new distribution partners are responsible for sales and marketing activities in their regions as well as providing support and other technical services to customers located throughout those geographical areas. "It is our hope that customers will benefit greatly from these alliances by having more glass reinforcement product options, enhanced service and improved product availability while enjoying the same high quality products. The full family of AGY CFM products suitable for all CFM applications will be available."

AGY's CFM products were previously distributed by OCV Reinforcements. AGY acquired a CFM plant from OCV Reinforcements in October 2007. Under terms of the agreement, OCV Reinforcements continued as interim distributor of AGY's CFM products until August 31, 2008.

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About AGY
AGY is a leading global producer of fiberglass yarns and high-strength fiberglass reinforcements used in a variety of composites applications. The company serves a diverse range of markets including aerospace and defense, electronics, construction and industrial. Headquartered in Aiken, South Carolina U.S., AGY has a European office in Lyon, France and manufacturing facilities in the U.S. in Aiken, South Carolina and Huntingdon, Pennsylvania.