PARMA, Ohio CRWENewswire, GrafTech International Ltd. (NYSE:GTI) today announced that it called for redemption approximately $20 million of its 10 ¼% Senior Notes due 2012 representing all remaining outstanding Senior Notes. The Senior Notes are redeemable at 101.708% of the principal amount, plus accrued interest up to the redemption date. Cash flow from operations and financing activities will be used to fund the redemption, which is expected to occur on or about September 28, 2009

The redemption of the Senior Notes and the payment of the redemption price will be made in accordance with the applicable indenture, the terms of the redemption notice, and the redemption procedures of the trustee
GrafTech International Ltd. is one of the world’s largest manufacturers and providers of high quality synthetic and natural graphite and carbon based products and technical and research and development services, with customers in 70 countries engaged in the manufacture of steel, automotive products and electronics. We manufacture graphite electrodes, products essential to the production of electric arc furnace steel.

We also manufacture thermal management, fuel cell and other specialty graphite and carbon products for, and provide services to, the electronics, power generation, solar, oil and gas, transportation, petrochemical and other metals markets. We operate 11 manufacturing facilities strategically located on four continents. For additional information on GrafTech International Ltd., call 216-676-2000, or visit our website at www.graftech.com.

Forward-Looking Statement: This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements and/or Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company’s actual results to differ materially from those indicated in any forward-looking statements.

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