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News Release

RPM Completes Two Acquisitions in Europe

     - Ecoloc N.V./Lock-Tile Belgium N.V., a specialized flooring system

     - Compakta/Pactan specialty sealants and adhesives businesses in Germany

     - Both businesses retain entrepreneurial management

     - Acquisitions will boost RPM's growth in Europe

MEDINA, Ohio, March 30 /PRNewswire-FirstCall/ -- RPM International Inc. (NYSE: RPM), a leading specialty coatings manufacturer, announced today that its European development office, RPM Europe SA, has acquired Ecoloc N.V./Lock- Tile Belgium N.V. and Compakta/Pactan, a division of Heidelberger Bauchemie GmbH. The acquired businesses will have combined sales of approximately EUR 20 million. Terms of the cash transactions were not disclosed.

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"These transactions represent our expanded emphasis on completing acquisitions in Europe, an important part of our growth strategy," said Frank C. Sullivan, RPM's president and chief executive officer. "These stand-alone niche businesses will fit nicely into the business we are growing in Europe, and we are pleased that both will retain their experienced management teams. These companies will provide leading share in niche markets, positive cash flow, and will both be accretive to earnings immediately. We welcome these businesses and their employees into the RPM family."

Ecoloc, a Belgian-based commercial and industrial tile flooring manufacturer and marketer, pioneered the first flooring system based on the principle of interlocking PVC tiles. Its products are sold under the names Lock-Tile(R) and Lock-Mat(R). Patrick Stoop, the entrepreneurial founder, and his management team will continue to operate Ecoloc under RPM's ownership.

Compakta/Pactan, based in Traunreut, Germany, is a manufacturer and marketer of specialty silicone-based adhesives, joint filler and sealers. Its silicone foam and adhesive products are sold to the construction and building industry under the Compakta(R) brand and to the automotive supplier, general and appliance OEM industries under the Pactan(R) brand. Compakta/Pactan's patented technology offers customers superior heat-resistant and adhesion characteristics that are unique in the marketplace. The existing experienced management team of Erich Maier, Walter Mayerhofer, Friedrich Hamberger and Dr. Michael Futscher will manage Compakta/Pactan as part of RPM's newly formed Compact Technology GmbH.

RPM's development office in Europe, RPM Europe SA, based in Waterloo, Belgium, will capture synergies in product sales, purchasing and administrative functions among RPM's growing base of business in Europe. The Ecoloc and Compact Technology managements will report directly to Ulf S. Eriksson, president of RPM Europe SA.

"Ecoloc and Compact Technology are excellent additions to our European base and will help broaden RPM's product offerings by expanding into related markets and technologies," commented Eriksson. "We look forward to working with both management teams and helping them to grow their businesses throughout Europe and worldwide."

"We are excited about completing additional acquisitions in the years to come," concluded Eriksson.

RPM International Inc., a holding company, owns subsidiaries that are world leaders in specialty coatings serving both industrial and consumer markets. Industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, automotive and boat repair and maintenance, and by hobbyists. Industrial brands include Stonhard, Tremco, Carboline, Day-Glo, Euco and Dryvit. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane, Bondo and Testors.

For more information, contact Glenn R. Hasman, vice president - finance and communications for RPM at (330) 273-8820 or

This press release contains "forward-looking statements" based on management's expectations and beliefs concerning future events and circumstances impacting the company and are subject to uncertainties and factors (including those specified below) which are difficult to predict and, in many instances, are beyond the control of the company. As a result, actual results of the company could differ materially from those expressed in or implied by any such forward-looking statements. These uncertainties and factors include (a) general economic and market conditions in Europe; (b) the ability of the acquired businesses to replicate past performance; (c) risks and uncertainties associated with the company's ongoing acquisition and divestiture activities; (d) the effect of fluctuations in currency exchange rates upon the company's foreign operations; and (e) the effect of non-currency risks of investing in and conducting operations in foreign countries, including those relating to domestic and international political, social, economic and regulatory factors; and other risks detailed in the company's other reports and statements filed with the Securities and Exchange Commission, including the risk factors set forth in the company's prospectus and prospectus supplement included as part of the company's Registration Statement on Form S-3 (File No. 333-108647), as the same may be amended from time to time. RPM does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.

SOURCE RPM International Inc.

CONTACT: Glenn R. Hasman, vice president - finance and communications of RPM, +1-330-273-8820, or

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