Calgon Carbon Announces New Credit Facility

PITTSBURGH, May 11 /PRNewswire-FirstCall/ -- Calgon Carbon Corporation (NYSE:
CCC) announced today that it closed on a new five-year $95.0 million
revolving credit facility on May 8, 2009. The new facility replaces the
company's existing $60.0 million asset-based revolving credit facility that
had been scheduled to mature in May 2011. The new facility expires in May
2014 and includes a feature that could, under certain conditions, increase the
facility to $125.0 million. The facility is secured by certain domestic
assets of the company and subject to customary affirmative and negative
covenants for credit facilities of this type.

Amounts borrowed under the facility bear interest, at the company's option, at
rates that are LIBOR based with other interest rate options available, plus an
applicable credit spread based upon a sliding scale. Any outstanding
borrowings under the facility on July 2, 2012, up to $50.0 million,
automatically convert to a term loan maturing on May 8, 2014. At that time,
in July 2012, the total revolving credit commitment under the revolving credit
facility will be reduced by the amount of the term loan.

First Commonwealth Bank is the administrative, collateral, and syndication
agent for the facility which also includes Citizens Bank of Pennsylvania and
First National Bank of Pennsylvania as participants.

Calgon Carbon's chief financial officer, Leroy Ball, said, "I am extremely
pleased with our new credit facility, particularly given the current economic
climate. The favorable terms clearly demonstrate the participating banks'
confidence in Calgon Carbon's future. The facility gives the company
approximately three additional years and access to at least $35.0 million more
than our prior facility. The additional liquidity and the longer term of the
facility should allow the company to meet its strategic objectives of pursuing
growth opportunities by investing heavily in capital projects over the next
several years."

Calgon Carbon Corporation, headquartered in Pittsburgh, Pennsylvania, is a
global leader in services and solutions for making water and air safer and
cleaner.

This news release contains historical information and forward-looking
statements. Forward-looking statements typically contain words such as
"expect," "believe," "estimate," "anticipate," or similar words indicating
that future outcomes are uncertain. Statements looking forward in time,
including statements regarding future growth and profitability, price
increases, cost savings, broader product lines, enhanced competitive posture
and acquisitions, are included in the company's most recent Annual Report
pursuant to the "safe harbor" provision of the Private Securities Litigation
Reform Act of 1995. They involve known and unknown risks and uncertainties
that may cause the company's actual results in future periods to be materially
different from any future performance suggested herein. Further, the company
operates in an industry sector where securities values may be volatile and may
be influenced by economic and other factors beyond the company's control. Some
of the factors that could affect future performance of the company are higher
energy and raw material costs, costs of imports and related tariffs, labor
relations, capital and environmental requirements, changes in foreign currency
exchange rates, borrowing restrictions, validity of patents and other
intellectual property, and pension costs. In the context of the
forward-looking information provided in this news release, please refer to the
discussions of risk factors and other information detailed in, as well as the
other information contained in the company's most recent Annual Report.

SOURCE Calgon Carbon Corporation

Gail Gerono of Calgon Carbon Corporation, +1-412-787-6795