AMG announces Management Change

Amsterdam, 29 March 2012 (Regulated Information) --- AMG Advanced Metallurgical
Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announces that it has appointed
Mr. Hoy Frakes as President of AMG Mining.  Mr. Frakes will focus initially on
improving mining operational efficiencies at AMG´s existing antimony and
tantalum mines.

Mr. Frakes joined AMG in 2000 and his latest leadership role was as President of
AMG Vanadium, Inc.  At AMG Vanadium, Mr. Frakes was responsible for building the
Ohio metallurgical facility into the industry leading recycler of spent
catalysts for the production of ferrovanadium and ferronickel-molybdenum.  Mr.
Frakes holds a Bachelor of Science in Metallurgical Engineering from the
Colorado School of Mines and a MBA from the University of Colorado.

As AMG is focused on organic growth and acquisitions in businesses related to
core activities, Mr. Gareth Penny, the initial Chief Executive Officer of AMG
Mining will be leaving to pursue other interests.  Dr. Heinz Schimmelbusch,
AMG´s Chairman of the Management Board and CEO, said "I would like to thank
Gareth for his considerable contribution to the mine based businesses of AMG and
for his guidance and expertise in positioning AMG Mining for future growth."

About AMG
AMG creates and applies innovative metallurgical solutions to the global trend
of sustainable development of natural resources and CO(2) reduction.  AMG
produces highly engineered specialty metal products and advanced vacuum furnace
systems for the Energy, Aerospace, Infrastructure and Specialty Metals and
Chemicals end markets.  AMG consists of two operating divisions, Advanced
Materials and Engineering Systems, and owns an interest in publicly-listed
Graphit Kropfmühl AG (Deutsche Börse: GKR.DE).

The Advanced Materials Division develops and produces specialty metals, alloys
and high performance materials. AMG is a significant producer of specialty
metals, such as ferrovanadium, ferronickel-molybdenum, aluminum master alloys
and additives, chromium metal and ferrotitanium, for Energy, Aerospace,
Infrastructure and Specialty Metal and Chemicals applications.  Other key
products 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, primarily for the
Aerospace and Energy (including solar and nuclear) industries.  Furnace systems
produced by AMG include vacuum remelting, solar silicon melting and