ATHENS, GREECE--(Marketwire - May 11, 2012) - S&B announces (S&B) (ATHEX: ARBA), First Quarter 2012 Financial Results.

FIRST QUARTER 2012 HIGHLIGHTS

• Sales increased 4% compared to the first quarter 2011
  
  
• EBITDA and operating profit up by 14% and 45% respectively compared to the first quarter of 2011
  
  
• Net profit increased 71% compared to the first quarter of 2011
  
  
• Proposal for a capital return of EUR 0.25 per share

S&B Industrial Minerals First Quarter 2012 Financial Results (IFRS) Press Release:
(Please click on the link below to view full press release)

[ http://c199636.r36.cf1.rackcdn.com/wp-content/uploads/PR-Q112-EN-11_05_12.pdf ]

Kriton Anavlavis, CEO of S&B, commented:
"In the first quarter of 2012, we once again delivered an improved financial performance. These results have been driven by sustained high operating leverage in our business, contributing to improved margins and to the translation of revenue growth into even higher profitability growth.

"Demand from our market segments was broadly stable and in line with the last quarter of 2011, though business conditions varied by geography. This is the result of a macro-economic environment that remains challenging and volatile, with the Eurozone economies further slowing but with North America continuing to show signs of improvement. We are watchful over economic developments in Europe and in Asia, nonetheless, we remain confident that our strategy and resources provide a solid platform, from which to pursue sustainable value growth through a well-balanced and expanding international presence."

Note Regarding Forward-Looking Statements
This document may contain forward-looking statements about S&B, including statements
reflecting management's current view relating to future market conditions, future events and expected operational and financial performance. Forward-looking statements may be found throughout this document. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we cannot assure you that these expectations will materialize. Because forward-looking statements are based on assumptions and estimates, and are subject to risks and uncertainties, actual results could differ materially from those described or implied herein. S&B does not undertake any obligation to publicly update or revise any forward-looking statements included in this document, whether as a result of new information, future events or otherwise, except as required by applicable law or stock exchange regulation.