KHD Khd Humboldt Wedag International Ltd

NEW YORK, March 29 /PRNewswire-FirstCall/ -- KHD Humboldt Wedag International Ltd. (the "Company") (NYSE: KHD) is pleased to announce that the shareholders of the Company have approved the proposed plan of arrangement (the "Arrangement") with KHD Humboldt Wedag International (Deutschland) AG ("KID"), whereby the Company will distribute, as a first tranche, 26% of the shares of KID.  This is the first step in the restructuring of KHD into two distinct legal entities: (1) a mineral royalty company and (2) an industrial plant technology, equipment and service company.

The Company will now proceed with the required filings with the registrar under the Business Corporations Act (British Columbia).  At such time, the Arrangement will become effective and the Company will set out to implement the steps contemplated under the Arrangement.

About KHD Humboldt Wedag International Ltd.

KHD Humboldt Wedag International Ltd. owns companies that operate internationally in the industrial plant engineering and equipment supply industry, and specializes in the cement and mineral industries. To obtain further information on the Company, please visit our website at http://www.khdhumboldt.com.

SOURCE KHD Humboldt Wedag International Ltd.