AMSTERDAM, NETHERLANDS–(EMWNews – August 5, 2008) – AMG Advanced Metallurgical

Group N.V.

(“AMG”, EURONEXT AMSTERDAM: “AMG”) announced that it will release

its

second quarter 2008 financial results on Tuesday, 12 August 2008

at

approximately 7:00 am CET. AMG will host a conference call to

discuss its financial results for the second quarter 2008 on same

day

at 8:30am CET (7:30am GMT / 2:30am EST).

Please connect approximately 10 minutes prior to the beginning of

the

call to ensure participation. The call-in information is as

follows:

Europe            +44 207 153 2027

North America     +1 480 629 1990

You will be directed onto the call by an operator. The

conference

call will be made available on the website www.amg-nv.com

following

completion of the call.

About AMG

AMG, incorporated in the Netherlands, is a global leader in the

production of highly engineered specialty metal products and

advanced

vacuum furnace systems. AMG serves growing industries worldwide

with

its unique combination of metallurgical engineering expertise and

production know-how. AMG is a market leader in many of its

products

and systems, which are critical to the production of key

components

for the aerospace, energy (including solar and nuclear),

electronics,

optics, chemicals, construction and transportation industries.

AMG

has two operating divisions of businesses, Advanced Materials and

Engineering Systems, and owns majority interests in publicly-

listed

companies Timminco Limited (TSX: “TIM”) and Graphit Kropfmühl AG

(Deutsche Börse: GKR.DE).

The Advanced Materials Division develops and produces niche

specialty

metals and complex metals products, many of which are used in

demanding, safety-critical, high-stress environments. AMG is one

of

a limited number of significant producers globally of niche

specialty

metals, such as ferrovanadium, ferronickel-molybdenum, aluminum

master alloys and additives, chromium metal and ferrotitanium,

used

by steel, aluminum, chemical and superalloy producers for

aerospace,

automotive, energy, electronics, optics, chemicals, construction

and

other applications. Other key products produced by AMG include

specialty alloys for titanium and superalloys, coating materials,

tantalum and niobium oxides, vanadium chemicals and antimony

trioxide.

The Engineering Systems Division designs, engineers and produces

advanced vacuum furnace systems and operates vacuum heat treatment

facilities. AMG is a global leader in supplying

technologically-advanced vacuum furnace systems to customers in

the

aerospace, energy (including solar and nuclear), transportation,

electronics, superalloys and specialty steel industries. Examples

of

furnace systems produced by AMG include vacuum remelting, solar

silicon melting and crystallization, vacuum induction melting,

vacuum

heat treatment and high pressure gas quenching, vacuum precision

casting, turbine blade coating and sintering. AMG also provides

vacuum case-hardening heat treatment services on a tolling basis

to

customers through facilities equipped with vacuum heat treatment

furnaces.

Timminco Limited is a majority controlled, publicly listed

subsidiary

of AMG. Timminco is a leader in the production of upgraded

metallurgical silicon for the rapidly growing solar photovoltaic

energy industry. Timminco also produces silicon metal and

magnesium

products for use in a broad range of industrial applications.

Graphit Kropfmühl AG is a majority controlled, publicly listed

subsidiary of AMG. Based on its secure raw material sources in

Africa, China and Europe, Graphit Kropfmühl is a specialist in the

production of silicon metal and the extraction, processing and

refining of natural crystalline graphite for a wide range of

energy

saving industrial applications.

AMG operates globally with production facilities in Germany, the

United Kingdom, France, Czech Republic, the United States, Canada,

Mexico, Brazil, Sri Lanka and Australia and also has sales and

customer service offices in Belgium, Russia, China and Japan

(website: www.amg-nv.com).

Disclaimer

Certain statements in this press release are not historical facts

and

are “forward looking”. Forward looking statements include

statements

concerning AMG’s plans, expectations, projections,

objectives,

targets, goals, strategies, future events, future revenues

or

performance, capital expenditures, financing needs, plans

and

intentions relating to acquisitions, AMG’s competitive strengths

and

weaknesses, plans or goals relating to forecasted

production,

reserves, financial position and future operations and

development,

AMG’s business strategy and the trends AMG anticipates in

the

industries and the political and legal environment in which

it

operates and other information that is not historical

information.

When used in this press release, the words “expects,”

“believes,”

“anticipates,” “plans,” “may,” “will,” “should,” and

similar

expressions, and the negatives thereof, are intended to

identify

forward looking statements. By their very nature, forward

looking

statements involve inherent risks and uncertainties, both general

and

specific, and risks exist that the predictions,

forecasts,

projections and other forward looking statements will not

be

achieved. These forward looking statements speak only as of the

date

of this press release. AMG expressly disclaims any obligation

or

undertaking to release publicly any updates or revisions to

any

forward looking statement contained herein to reflect any change

in

AMG’s expectations with regard thereto or any change in

events,

conditions or circumstances on which any forward looking statement

is

based.

Copyright © Hugin AS 2008. All rights reserved.

For further information please contact: AMG Advanced Metallurgical Group N.V. +1 610 975 4901 Jonathan Costello Director of Corporate Communications