Pfleiderer Gets Buy Rating

London, England, July 10, 2007--Dresdner Kleinwort analysts placed a buy rating on timber products and infrastructure technology group Pfleiderer.

Analysts at Dresdner Kleinwort set a medium-term upside target of 30 euros for shares in Pfleiderer.

The analysts have commented that, although the share might continue to show below-average development in the coming months owing to uncertainty regarding results for 2007, and the integration of flooring manufacturer Pergo could incur unexpectedly high costs, the long-term outlook appears positive.