Calgon Carbon CORRESP Correspondence with SEC

CALGON CARBON CORPORATION	P.O. BOX 717	PITTSBURGH, PA  15230-0717	(412) 787-6700
Leroy M. Ball		Direct Phone:	(412) 787-6775
Senior Vice President Chief Financial Officer		Direct Fax:	(412) 787-4774
		March 8, 2007

Mr. Terence O’Brien
Mr. Ryan Rohn
Division of Corporate Finance
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C.  20549-7010

RE:	Calgon Carbon Corporation
	Form 10-K for the Year Ended December 31, 2005
	Filed March 30, 2006
	Form 10-Q for the Quarterly Period Ended September 30, 2006
	Filed December 13, 2006
	File No. 001-10776

Gentlemen:

Thank you for your review of the above referenced documents.  Pursuant to your request, Calgon Carbon Corporation (“Calgon” or the “Company”) provides the following responses to the comments provided in your letter dated February 12, 2007.  To the extent applicable, we will reflect any adjustments beginning with the Form 10-K for the year ended December 31, 2006.

Form 10-K for the Year Ended December 31, 2005

Securities and Exchange Commission (“SEC”) Comment No. 1:

Consolidated Statements of Income and Comprehensive Income, page 16

We have reviewed your response to our prior comment 5, as well as attachment (j) in your response to our letter dated November 29, 2006.  You have responded that your service revenues made up approximately 8.4% in 2005 and 7.0% in 2004 of your total net revenue and therefore you do not believe that you meet the 10% criteria of Item 5-03 of Regulation S-X.  In consideration of your consolidated sales summary by segment and subsegment for the fourth quarter, contained in attachment (j), it appears that your service subsegment makes up 33.5% and 32.2% of your fourth quarter consolidated net sales for 2005 and 2004, respectively.  Based on the information contained in this attachment, it would appear that service revenue would represent greater than 10% of your consolidated net sales.  Please explain this apparent discrepancy to us.  In addition, please explain to us the difference in business operations between your carbon and service subsegments.

Response:

The Company acknowledges your comment and recognizes the apparent inconsistency.  The service subsegment contains elements that represent actual product sales as described below.  The Company’s carbon subsegment (“Carbon”), in its entirety, is composed of sales of granular activated carbon (GAC) that is intended to be disposed of by the customer after it has become “spent”, or adsorbed all of the contaminants it is able to.  The service subsegment (“Service”) is primarily composed of sales of GAC that is intended to be returned to the Company and replaced with reactivated GAC by the Company after it has become spent.  The sales of the GAC described herein are classified in the service subsegment due to the fact that the Company performs a service once the GAC is “spent.”  The other aspects in which a service subsegment transaction could differ from a carbon subsegment transaction are 1) that customers may lease a Company owned adsorption equipment that is placed on the customer’s site to perform the filtration process and/or 2) that Company employed field service personnel may be deployed to install, service, and extract the carbon and/or equipment throughout its lifecycle.  The Company only views revenues for equipment rentals and field service activities as service sales for the purpose of complying with the income statement classification requirements of Item 5-03 of Regulation S-X.  As such, product sales that comprise the majority of the Service subsegment sales are excluded in the Company’s analysis and are the reason for the discrepancy between what is reported in the Company’s Service subsegment and what the Company disclosed as service sales in its previous response dated January 16, 2007.

A simplified breakdown of Carbon and Service sales by the components mentioned above that reconcile 2005 and 2004 sales to the percentage breakdown supplied in our previous response is as follows:

Table 1.

	2006					2005					2004
Segments	Sales		% of total			Sales		% of total			Sales		% of total
Carbon	$	157,857		49.9	%	$	139,128		47.8	%	$	139,937		47.3	%
Product		157,857		49.9	%		139,128		47.8	%		139,937		47.3	%
Service	$	107,435		34.0	%	$	102,806		35.3	%	$	105,563		35.7	%
Product		84,117		26.6	%		78,376		26.9	%		84,779		28.7	%
Equip rentals & field service		23,305		7.4	%		24,430		8.4	%		20,784		7.0	%
Other segments	$	50,830		16.1	%	$	48,901		16.8	%	$	50,377		17.0	%
Consolidated CCC	$	316,122		100.0	%	$	290,835		100.0	%	$	295,877		100.0	%

SEC Comment No. 2:

We note your response to prior comment 8.  In future filings, please expand your critical accounting policies to discuss the following regarding your goodwill impairment tests:

• The name of each reporting unit.

• The amount of goodwill at each reporting unit at each balance sheet date.

• The estimated fair value and the carrying amount of each reporting unit for each balance sheet date.  If there is a downward trend in the amount of headroom between the fair value and the carrying value of certain reporting units, please highlight this trend.

• Your assumptions, such as discount rates, cash flows, expected growth rates, and any others, used in determining your estimate of fair value for each of your reporting units.

• The basis for each of your assumptions.  If a significant assumption has changed (i.e. validity of a patent), please also disclose this change and the effect, if material, on the headroom of the respective reporting unit.

• Uncertainties and risks of change in your assumptions.

• A sensitivity analysis showing the effect of a 1% change in each of these assumptions.

Response:

The Company acknowledges your comment and is currently working towards preparing the additional disclosures as requested to include in its future filings beginning with its 2006 Form 10-K.

SEC Comment No. 3:

9.  Borrowing Arrangements, page 26

We have reviewed your response to our prior comment 9.  It remains unclear as to whether you would have breached the covenant compliance requirement at December 31, 2005, had you not received a waiver of the requirements as of this date.  If so, it would appear that your fact pattern is more similar to scenario four of EITF 86-30, which would require short-term classification of your debt at December 31, 2005, if you deemed it probable that you would fair the requirements at a subsequent date.  However, we note that this credit facility is no longer outstanding, as you used the proceeds of newly issued convertible notes to repay your debt under your previous revolving facility in the third quarter of 2006.  As such, we have no further comment regarding the classification of your debt at December 31, 2005.  However, in future filings, to the extent applicable, please ensure that you disclose in your MD&A the nature of the covenant compliance requirements, whether you are in compliance with these requirements as of the balance sheet date, whether a violation of the requirements is reasonably possible in future periods, the effect of a violation on your liquidity and your balance sheet classification, and any uncertainties in your assumptions if you do not believe that a breach is reasonably possible in future periods.

Response:

The Company acknowledges your comment and will include additional disclosures in future filings as requested, to the extent applicable, regarding the nature of the covenant compliance requirements, whether the Company is in compliance with these requirements as of the balance sheet date, whether a violation of the requirements is reasonably possible in future periods, the effect of a violation on liquidity and balance sheet classification, and any uncertainities in assumptions if the Company would not believe that a breach is reasonably possible in future periods. The Company will do so beginning with its 2006 Form 10-K.

SEC Comment No. 4:

14.           Benefit for Income Taxes, page 35

We note your response to prior comment 10.  In future filings, please expand your critical accounting policies to discuss why you believe your net deferred tax asset as of your balance sheet date is realizable, despite your history of pre-tax book losses.  In this regard, please address the following:

• Your view that your history of pre-tax book losses should be normalized to cumulative income over the past three years and why.

• The extent to which the reversal of the temporary taxable differences associated with your deferred tax liabilities supports the realization of your deferred tax assets.

• The nature of your tax planning strategies and the extent to which these strategies support the realization of your deferred tax assets.

• Your assumption regarding market growth after 2010, the uncertainties associated with this assumption, and the extent to which your reliance on this assumption supports the realization of your deferred tax assets.

Response:

The Company acknowledges your comment and is currently working towards preparing the additional disclosures as requested to include in its future filings beginning with its 2006 Form 10-K.

SEC Comment No. 5:

In addition, please expand your critical accounting policies to discuss the nature of your tax contingencies and material changes to your accruals for your tax contingencies, as well as any uncertainties related to the amounts accrued.

Response:

The Company acknowledges your comment and is currently working towards preparing the additional disclosures as requested to include in its future filings beginning with its 2006 Form 10-K.

SEC Comment No. 6:

21.  Segment Information, page 40

We have reviewed your response to our prior comment 11.  You have responded that attachment (j) is a selection of what Mr. Stanik receives for review each month.  Please confirm that attachment (j) is a complete package that Mr. Stanik receives.  If it is only a portion of what he receives, please provide us with the complete package as of December 31, 2005.

In addition, we note that the information that you provided to us in attachment (j) only includes financial information for either the fourth quarter or December 2005.  In our prior comment, we requested an analysis that included historical information (i.e. at a minimum, 2003, 2004, 2005, and 2006).  Therefore, we repeat our prior comment 11 to provide us with an analysis that includes historical revenues, gross profits, gross profit margins, operating profits, and operating profit margins, along with any other information you believe would be useful to help us understand how these operations are economically similar.  In this analysis, please separately provide us with the above information by product by geography (i.e. Americas – Carbon, Americas – Service, Americas – Equipment, etc.).  Please also address any differences in the trends these financial indicators depict (e.g. if gross profit margin is decreasing for one operation and increasing for another).

Please also be advised that based on your response to the above, we may have further comments regarding your determination of your reporting units for goodwill impairment testing purposes.

Response:

The Company acknowledges your comment and agrees that we did not provide all of the information as originally requested.  In your initial comment you asked for “an analysis that includes historical revenues, gross profits, gross profit margins, operating profits, and operating profit margins, along with any other information you believe would be useful for each of your operating segments to help us understand how these operations are economically similar.  Please also address any differences in the trends these financial indicators depict (e.g. if gross profit margin is decreasing for one operation and increasing for another)”.  We supplied to you in our initial response our former segment breakdown (Activated Carbon, Service, Engineered Systems, and Consumer) for the four year period up to and including the final year, 2002, that we reported in that configuration along with some comments as to why we concluded at that time that the Activated Carbon and Service segments were economically similar and therefore made sense to aggregate.  The reason we did not include more current information in the configuration you requested is because in most cases it does not exist below a product margin level.

Since the change to our current method of reporting business segments in 2003, we only have the ability to report our business units in the manner that you have requested (e.g. Carbon, Service, Equipment, and Consumer) at the direct product gross margin (“PGM”) level which is the information you reviewed in initial attachment (j).  It is not the Company’s intent to be unresponsive to the SEC’s request, but to produce the information below the PGM line in the manner that you request would require the Company to reconfigure its internal reporting back to the old way which would take considerable time from resources that have been devoted to working on business critical activities.  Further, as no information is available below the PGM line for these business units, the CODM clearly does not use such data to allocate resources between these business units.

As disclosed in our response of January 16, 2007, the Company’s CODM does review limited financial information at a subsegment level such as sales, direct cost of sales, and PGM’s, but below that level he reviews (and the Company only compiles) financial information at a segment level.  The Company’s subsegment sales by geography for the years 2003 through 2006 are presented in Table 1 below.

Table 1.

Calgon Carbon Corporation
Sales Revenue by Region by subsegment

	Subsegment	2003		2004		2005		2006		% of total
1	Americas Carbon	$	65,495	$	91,802	$	81,680	$	89,334		28.3	%
2	Europe Carbon		27,894		37,940		44,176		46,614		14.7	%
3	Asia Carbon		14,663		10,195		13,272		21,909		6.9	%
4	Americas Service		71,804		72,248		69,458		70,485		22.3	%
5	Europe Service		31,975		33,238		33,218		36,095		11.4	%
6	Asia Service		355		77		130		842		0.3	%
	Carbon & Service	$	212,186	$	245,500	$	241,934	$	265,279		83.9	%
7	Americas Carbon Equip		8,379		10,300		15,061		19,997		6.3	%
8	Americas UV Equp		4,054		6,022		4,762		5,582		1.8	%
9	Americas ISEP Equip		7,696		8,980		8,397		4,702		1.5	%
10	Americas Odor Equip		4,676		3,644		5,701		3,536		1.1	%
11	Europe Carbon Equip		679		2,233		1,393		2,588		0.8	%
12	Europe ISEP Equip		1,407		1,981		685		165		0.1	%
13	Asia Carbon Equip		20		28		86		328		0.1	%
14	Asia ISEP Equip		3,539		6,748		782		986		0.3	%
	Equipment	$	30,450	$	39,936	$	36,867	$	37,884		12.0	%
15	Americas Charcoal Cloth		763		646		1,030		1,025		0.3	%
16	Europe Charcoal Cloth		6,668		7,022		7,210		7,614		2.4	%
17	Americas Homewellness		3,111		2,773		3,794		4,320		1.4	%
	Consumer	$	10,542	$	10,441	$	12,034	$	12,959		4.1	%
	Consolidated	$	253,178	$	295,877	$	290,835	$	316,122		100.0	%

In accordance with paragraph 10 of SFAS 131, Table 1 represents what the Company believes to be the lowest level of financial information that can be compiled into logical product and geography groupings at the sales level and therefore is used as the starting point for determining the Company’s segments.  While the Company does compile and review its information both by product and geography, the Company determined in accordance with paragraph 15 of SFAS 131 that in matrix style organizations such as Calgon Carbon, components reported by products would constitute the segments as opposed to components reported by geography.  Additionally, the Company employs a product oriented approach to the strategic planning of its business which dictates what product lines the Company will produce, market, and sell throughout the regions of the world it operates in as well as what product lines the Company will abandon or divest globally. Because of that, the Company believes that reporting its segments by product as opposed to geography provides more meaningful information to its investors for making decisions.

Taking that into account, the Company’s reduced its potential 17 segments outlined in Table 1 to eight potential segments as indicated in Table 2 below.

Table 2.

Calgon Carbon Corporation
Sales Revenue by subsegment

	Subsegment	2003		2004		2005		2006		% of total
1	Carbon	$	108,052	$	139,937	$	139,128	$	157,857		49.9	%
2	Service		104,134		105,563		102,806		107,422		34.0	%
3	Carbon Equip		9,078		12,562		16,540		22,913		7.2	%
4	UV Equip		4,054		6,022		4,762		5,582		1.8	%
5	ISEP Equip		12,642		17,709		9,864		5,853		1.9	%
6	Odor Equip		4,676		3,644		5,701		3,536		1.1	%
7	Charcoal Cloth		7,431		7,668		8,240		8,639		2.7	%
8	Homewellness		3,111		2,772		3,794		4,320		1.4	%
	Consolidated	$	253,178	$	295,877	$	290,835	$	316,122		100.0	%

From Table 2, the Company then determined that the aggregation of the various subsegments in accordance with FAS 131 paragraph 17 was appropriate to arrive at the Company’s current configuration of three operating segments, Carbon and Service, Equipment, and Consumer.  The rationale for aggregation is described in the following part of this response.

First the Company decided to aggregate its Carbon and Service products into one segment in accordance with the aggregation criteria defined in paragraph 17 of SFAS 131.  The economic similarity of the two subsegments can be seen clearly in Table 3 below as both subsegments average PGM over the 2003 through 2006 periods are within 2.4 percentage points after adjusting for the “true service” items that have a tendency to enhance the reported final results of the Service subsegment. 

Carbon

Table 3.

	2003			2004			2005			2006			Avg
Sales	$	108,052		$	139,937		$	139,128		$	157,857		$	136,244
Direct COS		60,784			86,345			91,642			107,081			86,463
Product Gross Margin (PGM)	$	47,268		$	53,592		$	47,486		$	50,776		$	49,781
PGM %		43.7	%		38.3	%		34.1	%		32.2	%		36.5	%

Service

	2003			2004			2005			2006			Avg
Sales	$	104,134		$	105,563		$	102,806		$	107,422		$	104,981
Deduct: True Service		17,967			20,784			24,430			23,305			21,622
Adj Service Sales	$	86,167		$	84,779		$	78,376		$	84,117		$	83,360
Direct COS		60,893			58,241			62,125			65,425			61,671
Deduct: True Service		8,401			11,006			12,225			11,456			10,772
Adj Service COS		52,492			47,235			49,900			53,969			50,899
Product Gross Margin (PGM)	$	33,675		$	37,544		$	28,475		$	30,148		$	32,461
PGM %		39.1	%		44.3	%		36.3	%		35.8	%		38.9	%

The Company removed the sales and cost of sales of the true service activities that are encompassed in the Service subsegment that are described in our response to comment 1 of your February 12, 2007 letter earlier in this letter in order to more clearly show the similarity between the most significant pieces of the Carbon and Service subsegments.  That adjustment, which removes all of the sales and cost of sales associated with leasing and servicing of equipment and amounts to less than 10% of consolidated net sales, brings the adjusted totals of Service to only include product related sales and cost of sales which is economically similar to the Carbon subsegment.  While we believe that evidence is most compelling, we also believe that looking at the Carbon and Service segments in their entirety still presents two economically similar subsegments as their last four year average PGM is within 4.8 percentage points of each other as seen in Table 4.

Carbon

Table 4.

	2003			2004			2005			2006			Avg
Sales	$	108,052		$	139,937		$	139,128		$	157,857		$	136,244
Direct COS		60,784			86,345			91,642			107,081			86,463
Product Gross Margin (PGM)	$	47,268		$	53,592		$	47,486		$	50,776		$	49,781
PGM %		43.7	%		38.3	%		34.1	%		32.2	%		36.5	%

Service

	2003			2004			2005			2006			Avg
Sales	$	104,134		$	105,563		$	102,806		$	107,422		$	104,981
Direct COS		60,893			58,241			62,125			65,425			61,671
Product Gross Margin (PGM)	$	43,241		$	47,322		$	40,681		$	41,997		$	43,310
PGM %		41.5	%		44.8	%		39.6	%		39.1	%		41.3	%

In our response dated January 16, 2007, we also outlined the aggregation criteria in paragraph 17 of FAS 131 which supports the aggregation of the Carbon and Service subsegments and have included it again in this response as follows.

Similarity in the nature of products or services – The Activated Carbon component almost exclusively provides activated carbon products for use in applications to remove organic compounds from water, air, and other liquids and gases.  A significant portion of the Service component (85.6% in 2005, 86.4% in 2004, and 87.3% in 2003) also employs either activated carbon products or ion exchange resins for use in applications to remove organic compounds from water, air, and other liquids and gases.

Similarity in the nature of the production processes – The production of granular activated carbon (GAC) for the applications described above is performed in high temperature furnaces using coconut shell or bituminous coal and pitch as its main raw materials.  Similarly, the GAC sold into the Segment (18.4% of Service segment revenue in 2005, 19.2% in 2004, and 20.2% in 2003) is produced in exactly the same fashion.  What qualifies it as a Service segment sale under the Company’s definition as opposed to an Activated Carbon segment sale is the Company’s relationship with the customer.  If the GAC being sold is to be used in the Company’s equipment under a leasing agreement or if the customer intends to have the Company “reactivate” the GAC for reuse under a service agreement once it has been “spent” or adsorbed all of the contaminants that it can adsorb then that sale of GAC gets classified into the Service segment. The other significant portion of revenues in the Service segment (31.2% in 2005, 32.9% in 2004, and 28.7% in 2003) are generated by the reactivation of the spent GAC which again uses high temperature furnaces to burn off the contaminants that have been adsorbed and put the GAC back in a state to be placed back into service at a customers site.  During that process of reactivation, anywhere from 8 to12% of GAC is lost due to incineration and must be replaced by virgin GAC.  The remainder of the Service segment revenues is made up of monthly equipment rental fees and fees for field service to place carbon at a site or remove it and return it for reactivation.

Similarity of the type or class of customers for the Company’s products or services – With few exceptions, the Activated Carbon and Service components serve the same industries such as Municipal Water, Industrial Process, Environmental Air and Water, Food, and Specialty.

Similarity in the methods used to distribute their products and or provide their services – The Company employs a direct sales force in each geographic region in which it operates that generates revenue for both the Activated Carbon and Service components.  There is no dedicated sales force that exists for either component.  Similarly a dedicated supply chain team is responsible for the warehousing and distribution of each of the products sold in both components.  The only difference between distribution methods is the deployment of Company employed field service personnel to remove and replace product from the customer’s site for the reactivation of GAC.

Similarity of the nature of the regulatory environment – Not applicable

The Company next decided to aggregate its equipment products, Carbon, UV, ISEP, and Odor, into one segment called equipment since those technologies also meet the aggregation criteria defined in paragraph 17 of SFAS 131.  While the economic similarities of the different technologies might be debated due to the apparent disparity of the profitability at the PGM level of each technology as displayed in the table below, the Company would argue that a ten percentage point difference in average PGM’s for capital equipment products is still an acceptable range for considering those products as economically similar.  The reason is that certain product lines such as ISEP and UV also sell higher margin spare parts that can skew the PGM’s of those product lines higher, especially in years where sales of lower margin capital equipment sales are not as strong. The Company’s Carbon and Odor equipment products have almost no spare parts business and therefore as a result have margins that typically average ten percentage points less than the Company’s UV and ISEP equipment products.

Calgon Carbon Corporation
PGM % by equipment subsegment

Subsegment	2003			2004			2005			2006			Avg
Carbon Equip		27.1	%		37.0	%		26.1	%		24.5	%		27.9	%
UV Equip		33.9	%		38.3	%		33.7	%		37.5	%		36.1	%
ISEP Equip		28.6	%		29.8	%		36.3	%		54.4	%		33.9	%
Odor Equip		30.3	%		21.5	%		26.0	%		20.9	%		25.2	%

In addition to the Company’s determination that the Company’s equipment product lines are economically similar, the Company also believes these product lines meet the other criteria for aggregation outlined in paragraph 17 in that a) sales of each product line are primarily capital equipment that is b) generally constructed in a similar fashion while c) being sold primarily to municipal or industrial customers for filtration or separation purposes by d) a direct sales force or agent network.

As the Company’s last two remaining two product lines, charcoal cloth and Homewellness, do not meet the quantitative thresholds outlined in paragraph 18 of SFAS 131, the Company could have elected to aggregate them into an operating segment or report them together as “all other” in accordance with paragraph 21 of SFAS 131.  While the two product lines do not satisfy the aggregation criteria to qualify for aggregation as its own operating segment according to SFAS 131, the Company determined that since the two would have been reported together anyways as “all other”, it was appropriate in accordance with SFAS 131 and more useful to investors to rename it “Consumer” since both product lines were sold either directly into the consumer market or to companies that sold directly into the consumer market.

As previously discussed, the CODM receives and reviews information both by product and by region, but strategic decisions as to where the Company is going to devote current and future resources is made on a product basis and therefore the Company believes is more useful to investors in that format.  The following three sections are included to satisfy the SEC’s request of providing an analysis of economic similarity by discussing the various segments and/or subsegments financial performance and giving the SEC our assessment of the similarities or differences in trends between the regions and segments. While individual periods for any particular regional segment may show a disparity with the same segment in a different region, the Company believes that the trends in each of the regions and the average PGM’s over the prior four years further indicate the logic for aggregation.  It should be further noted that the 2003 results do not closely fit into any of the comparisons, and not much analysis has been performed on that period in the comparisons due to the fact that the Company changed significantly with the purchase of Waterlink Inc. in February 2004.  Finally, we have included a complete reporting package received by Mr. Stanik for the period ending December 31, 2005. Included in the full package are more detailed breakdowns of the Americas Carbon, Americas Carbon, Americas Service, and Asia Carbon subsegments at the PGM level. Those reports were first developed and distributed to Mr. Stanik during the third quarter of 2005. Similar reports have yet to be developed for other regions and/or subsegments due to the high degree of manual effort in producing the information.

Section 1. – Discussion of Global Carbon and Service Sales and PGM’s

Carbon

Table 5. displays the dramatic increase in Carbon sales revenue from 2003 through 2006 while Service sales remain relatively flat.  The main reason is that in February 2004, the Company purchased Waterlink, Inc. whose predominant business was of the type that fit into the Company’s definition of Carbon as disclosed earlier in the Company’s response to comment 1.  There was another dramatic increase in Carbon sales revenue in 2006 as the Company had increased sales volume in the Americas of outsourced coal and coconut carbon products, and increased sales volume to its joint venture CMCC due to the shutdown of their activated carbon production line in December 2005. 

Margins in Carbon declined during the period from 2003 through 2006 as both lower margin outsourced coal and coconut products became a larger part of the sales mix, and input costs such as coal, pitch, and natural gas increased significantly with limited ability to pass those cost increases on to the customer. 

Table 5.

	2003			2004			2005			2006
Sales	$	108,052		$	139,937		$	139,128		$	157,857
Direct COS		60,784			86,345			91,642			107,081
Product Gross Margin (PGM)	$	47,268		$	53,592		$	47,486		$	50,776
PGM %		43.7	%		38.3	%		34.1	%		32.2	%

Service

Service margins on the other hand remained stable other than a spike upward in 2004 on relatively flat sales from 2003 through 2006 as seen in Table 6.  Like Carbon, Service was subject to significant input cost increases for the product portion of its business.  Cost increases in 2006 were somewhat offset by the favorable resolution of a few low margin accounts.  The equipment leasing fees that are a component of Service are what push its margins at a level above Carbon.

Table 6.

	2003			2004			2005			2006
Sales	$	104,134		$	105,563		$	102,806		$	107,422
Direct COS		60,893			58,241			62,125			65,425
Product Gross Margin (PGM)	$	43,241		$	47,322		$	40,681		$	41,997
PGM %		41.5	%		44.8	%		39.6	%		39.1	%

Carbon and Service Comparison

Chart 1. is a graphical comparison of the Carbon and Service PGM’s from 2003 through 2006.  Other than 2004, Carbon and Service appear to be following the same downward trend in margins.  The gap between the Carbon and Service PGM’s in the graph represent the additional value of the “true” service revenues associated with leasing equipment and providing field service personnel to customer sites.

Chart 2. graphically shows the volume increase in Carbon sales that occurred throughout the period compared to the flat sales in Service.  PGM $’s for the two subsegments followed a comparable trendline with a slightly increasing spread between Carbon and Service PGM $’s in the more recent periods.  The spread between Carbon and Service PGM $’s did not follow as dramatic a path as the sales trend because the increased input costs over the period essentially offset the incremental profit generated by the increased Carbon volume which was primarily lower margin coal and coconut based outsourced carbons.  Service margins did not decline significantly despite the increased costs over the period because of the increased equipment lease and field service fees and the favorable resolution of a few large low margin accounts.

Section 2. – Discussion of Regional Carbon and Service Sales and PGM’s

Americas Carbon

Table 7. shows the addition of Waterlink sales in 2004 which account for the dramatic sales increase from 2003 and also partially contribute to the margin decline since most of Waterlink’s sales come from lower margin coal and coconut based outsourced products.  The Company lost volume in 2005 as it tried to increase price and margins continued to decline from carbon input cost increases.  2006 saw an increase in sales from both price increases and modest volume increases.  Margins managed to increase slightly despite continued carbon input cost increases from both the price increases that the Company realized and the removal of certain costs that had been captured in the Americas Carbon subsegment in 2005 and prior years getting correctly charged to the Asian Carbon subsegment for the first time.  The Company noted that this cost identification did not affect publicly disclosed information and the Company’s CODM would be reviewing the financial information at a segment level for purposes of allocating resources to the business units.

Americas Carbon

Table 7.

	2003			2004			2005			2006				Avg.
Sales	$	65,495		$	91,802		$	81,680		$	89,334		$	82,078
Direct COS		35,767			57,622			55,402			59,162			51,988
Product Gross Margin (PGM)	$	29,728		$	34,180		$	26,278		$	30,172		$	30,090
PGM %		45.4	%		37.2	%		32.2	%		33.8	%		36.7	%

Americas Service

Americas Service margins increased slightly in 2004 due to modest price increases as displayed in Table 8.  In 2005 margins declined by approximately eight percentage points as freight costs and carbon input costs increased significantly.  Margins were able to recover slightly in 2006 as price increases outpaced the increase in carbon input costs year over year.  Sales for Americas Service from 2003 through 2006 remained relatively flat.

Americas Service

Table 8.

	2003			2004			2005			2006				Avg.
Sales	$	71,804		$	72,248		$	69,458		$	70,785		$	70,999
Direct COS		42,397			41,043			45,163			43,249			42,963
Product Gross Margin (PGM)	$	29,407		$	31,205		$	24,295		$	27,236		$	28,036
PGM %		41.0	%		43.2	%		35.0	%		38.6	%		39.5	%

Comparison of Americas Carbon and Service PGM’s

Americas Carbon and Service PGM’s follow a similar trend line as the global PGM’s for those two subsegments.  Another similarity to the global graphical representation is the value spread between Service and Carbon PGM’s.

Europe Carbon

Like Americas Carbon, Europe Carbon sales revenue increased significantly in 2004 as a result of the Company’s purchase of Waterlink Inc.  Sales revenue continued to increase in 2005 and 2006 due to an increase in sales volume.  The increased sales volume however came at the expense of price in addition to costs increasing each of the years which lowered margins each year.

Europe Carbon

Table 9.

	2003			2004			2005			2006				Avg.
Sales	$	27,894		$	37,940		$	44,176		$	46,614		$	39,156
Direct COS		16,046			23,566			28,720			31,238			24,893
Product Gross Margin (PGM)	$	11,848		$	14,374		$	15,456		$	15,376		$	14,264
PGM %		42.5	%		37.9	%		35.0	%		33.0	%		36.4	%

Europe Service

Similar to Americas Service, Europe Service sales remained relatively flat from 2003 through 2005.  Margins on the other hand increased significantly in 2004 and 2005 versus 2003, but were in line with 2002’s margins of 46.9%.  Like the Europe Carbon subsegment, the Europe Service subsegment experienced increased sales volume in 2006 and experienced decreased margins.  Higher carbon input costs contributed to the margin decline.

Europe Service

Table 10.

	2003			2004			2005			2006			Avg.
Sales	$	31,975		$	33,238		$	33,218		$	36,095		$	33,632
Direct COS		18,491			17,192			16,953			21,850			18,622
Product Gross Margin (PGM)	$	13,484		$	16,046		$	16,265		$	14,245		$	15,010
PGM %		42.2	%		48.3	%		49.0	%		39.5	%		44.6	%

Comparison of Europe Carbon and Service PGM’s

The trend of Europe Carbon and Service PGM’s as shown in Chart 4. is a little bit different than the global or America’s trend.  First, Service margins actually held steady in 2005 as opposed to declining in line with Carbon in that period before reverting to the global trend by declining significantly in 2006.  Second, while there is still a value gap that exists between Carbon and Service margins as one would expect related to the true service subsegment described earlier in the response, that value gap is slightly larger in Europe where leased equipment makes up a larger part of their business than in the Americas, but did gravitate closer to the Americas value gap in 2006 as European service volume increased.

Asia Carbon

Sales for Asia Carbon have jumped around quite a bit during the time period of 2003 through 2006.  Sales increased dramatically in 2006 as the Company increased sales to its Japanese joint venture, CMCC, due to the JV shutting down its only remaining activated carbon line in December 2005.  Sales in Asia Carbon in 2003 were higher than 2004 and 2005 due primarily to a large municipal fill. 

Margins from 2003 through 2005 tended to react inversely to sales revenue as sales increases were mostly driven by lower margin municipal carbons.  In 2006, sales margins declined significantly as certain costs that were getting incorrectly charged to the Americas Carbon subsegment in years prior to 2006 were charged correctly to the Asia Carbon subsegment for the first time.  The Company noted that this cost identification did not affect publicly disclosed information and the Company’s CODM would be reviewing the financial information at a segment level for purposes of allocating resources to the business units.

Asia Carbon

Table 11.

	2003			2004			2005			2006			Avg.
Sales	$	14,663		$	10,195		$	13,272		$	21,909		$	15,010
Direct COS		8,974			5,157			7,519			16,681			9,583
Product Gross Margin (PGM)	$	5,689		$	5,038		$	5,753		$	5,228		$	5,427
PGM %		38.8	%		49.4	%		43.3	%		23.9	%		36.2	%

Asia Service

This subsegment was not analyzed since it made up less than 1% of consolidated net sales in 2006.

Section 3. – Discussion of Regional Segment gross profit, gross margins, operating profit and operating margins

Americas Carbon & Service

Sales and PGM explanations for Americas Carbon and Americas Service are discussed in the previous section.  Americas Carbon and Service gross margins follow the same pattern of gradual decline as Americas Carbon and Service PGM’s as plant overhead, warehousing and distribution, and depreciation expenses (“Period costs”) remained consistent as a percent of sales throughout the four year period reviewed. 

Operating profit declined in 2004 and 2005 as the Company incurred additional operating expenses primarily for integrating the Waterlink acquisition, charges related to the damage from Hurricane Katrina, and severance and pension curtailment charges associated with the Company’s re-engineering plan.  In 2006 operating profit increased significantly due to an insurance recovery for the Company’s Hurricane Katrina claim and a change in estimate related to the environmental accrual, partially offset by increased legal expenses due to the Company’s steam activated carbon anti-dumping claim filed in 2006.  When adjusted for the previous items, operating expenses actually leveled off for the years 2004 through 2006 after increasing from 2003 levels due to the additional expenses added from Waterlink.

Americas Carbon & Service

Table 12.

	2003			2004			2005			2006
Sales	$	137,299		$	164,050		$	151,138		$	159,829
Direct COS		77,135			98,618			100,466			102,414
Product Gross Margin (PGM)	$	60,164		$	65,432		$	50,672		$	57,415
PGM %		43.8	%		39.9	%		33.5	%		35.9	%
Gross Profit	$	36,351		$	36,812		$	23,434		$	29,541
GM %		26.5	%		22.4	%		15.5	%		18.5	%
Operating Profit	$	13,774		$	10,709		$	(5,940	)	$	9,772
OM %		10.0	%		6.5	%		-3.9	%		6.1	%

Americas Equipment

Sales of Americas Equipment increased steadily during the period of 2003 through 2006 as sales of the Company’s Ultraviolet Light (UV) and Carbon Equipment increased while margins fluctuated within a three percentage point range during that same time period which could be considered normal and not subject to explanation.

Gross profit has remained stable from 2003 through 2006.  Gross margin declined slightly in 2004 due to an increase in period costs, but managed to remain flat in 2005 despite lower PGM’s due to the sales volume increase, and a reduction in period costs due to the consolidation of a few of the U.S. equipment plants.  Gross margins increased slightly in 2006 as a result of the sales volume increase and again a reduction in period costs due to the full year benefit of the 2005 equipment plant consolidation.

Operating profit declined in 2004 and 2005 and remained flat in 2006 as legal fees for the Company’s UV patent litigation increased dramatically as the Company continued to move closer to trial dates.  As a result operating margins were negative throughout the period, declining in both 2004 and 2005 and holding steady in 2006.  Besides the large legal fees incurred over this time period, corporate overhead allocations have also contributed significantly to the operating losses.

Americas Equipment

Table 13.

	2003			2004			2005			2006
Sales	$	24,805		$	28,946		$	33,921		$	33,817
Direct COS		17,479			20,012			24,277			24,045
Product Gross Margin (PGM)	$	7,326		$	8,934		$	9,644		$	9,772
PGM %		29.5	%		30.9	%		28.4	%		28.9	%
Gross Profit	$	6,319		$	7,138		$	8,366		$	9,026
GM %		25.5	%		24.7	%		24.7	%		26.7	%
Operating Profit	$	(2,586	)	$	(4,809	)	$	(6,283	)	$	(6,147	)
OM %		-10.4	%		-16.6	%		-18.5	%		-18.2	%

Americas Consumer

This segment was not analyzed since it made up less than 2% of consolidated net sales in 2006.

Europe Carbon & Service

Europe Carbon and Service sales increased steadily during the period from 2003 through 2006 due to additional volume from the Waterlink acquisition in 2004, and additional volume increases in 2005 and 2006.  Even with the increased volumes, PGM declined due to product mix and the increase in volume of low margin carbon.  Cost increases in 2005 and 2006 also contributed to the PGM decline in those years.

Period costs were held constant throughout the period after increasing with the addition of Waterlink in 2004.  As a result, the spread in gross profit year to year approximated the spread in PGM year to year and the gross margin still showed a decline each year from 2004 on despite the sales increases.

Operating profit also declined in 2005 and 2006 after increasing in 2004 due to the Waterlink acquisition.  The decline came as a result of increased operating expenses from increased corporate overhead allocations and severance costs.  The result is that operating margins followed the same downward trend as PGM’s and gross margin during the period of review.

Europe Carbon & Service

Table 14.

	2003			2004			2005			2006
Sales	$	59,869		$	71,178		$	77,394		$	82,709
Direct COS		35,463			40,758			45,756			53,088
Product Gross Margin (PGM)	$	24,406		$	30,420		$	31,638		$	29,621
PGM %		40.8	%		42.7	%		40.9	%		35.8	%
Gross Profit	$	12,377		$	16,387		$	17,560		$	15,454
GM %		20.7	%		23.0	%		22.7	%		18.7	%
Operating Profit	$	(3	)	$	3,835		$	2,485		$	535
OM %		0.0	%		5.4	%		3.2	%		0.6	%

Europe Equipment

This segment was not analyzed since it made up less than 1% of consolidated net sales in 2006.

Europe Consumer

This segment was not analyzed since it made up less than 3% of consolidated net sales in 2006.

Asia Carbon & Service

Sales for Asia Carbon & Service have jumped around quite a bit during the time period of 2003 through 2006.  Sales increased dramatically in 2006 as the Company increased sales to its Japanese joint venture, CMCC, due to the JV shutting down its only remaining activated carbon line in December 2005.  Sales in Asia Carbon and Service in 2003 was higher than 2004 and 2005 due primarily to a large municipal fill.  Margins from 2003 through 2005 tended to react inversely to sales revenue as sales increases were mostly driven by lower margin municipal carbons.  In 2006, sales margins declined significantly as certain costs that were getting incorrectly charged to the Americas Carbon and Service segment in years prior to 2006 were charged correctly to the Asia Carbon and Service segment for the first time.

Period costs declined significantly in 2004 as compared to 2003, but increased slightly in both 2005 and 2006.  The reason for the decrease in 2004 was because allocations of Asia’s period costs were reduced and instead allocated back to the Americas and Europe Carbon and Service segments in accordance with where the Asian produced product was being sold.  Period costs as a percent of sales declined in both 2005 and 2006 due to the dilution from the higher sales revenue which actually helped push the 2005 gross margin slightly above 2004.

Operating expenses declined significantly in 2004, increased slightly in 2005, and then increased significantly in 2006 basically mirroring the sales fluctuations during that time period.  The reason is that corporate overhead allocations are driven to the regional segments on a pro-rata basis based upon cost of sales as a percent of the corporate total, and tend to have a larger effect on a regional segment as small as Asia Carbon & Service. Operating expenses as a percent of sales declined each year in the period presented and therefore contributed to making the year to year operating margin comparison more favorable than the year to year gross margin comparison.

Asia Carbon & Service

Table 15.

	2003			2004			2005			2006
Sales	$	15,018		$	10,272		$	13,402		$	22,751
Direct COS		9,497			5,209			7,546			16,996
Product Gross Margin (PGM)	$	5,521		$	5,063		$	5,856		$	5,755
PGM %		36.8	%		49.8	%		43.7	%		25.3	%
Gross Profit	$	815		$	1,801		$	2,467		$	1,989
GM %		5.4	%		17.5	%		18.4	%		8.7	%
Operating Profit	$	(3,030	)	$	(295	)	$	69		$	(1,809	)
OM %		-20.2	%		-2.9	%		0.5	%		-8.0	%

Asia Equipment 

This segment was not analyzed since it made up less than 1% of consolidated net sales in 2006.

In conclusion, as outlined in detail throughout this response the Company believes that it has shown the appropriateness of reporting its segments by product line instead of geography and that the various subsegments meet the aggregation criteria listed in paragraph 17 of SFAS 131.  Therefore the Company believes that it has been correctly reporting by three segments: Carbon and Service, Equipment, and Consumer for each year in the period ended December 31, 2006.

SEC Comment No. 7:

In future filings, please disclose your revenues by product, as required by paragraph 37 of SFAS 131.

Response:

The Company acknowledges your comment and proposes the following disclosure regarding its revenues by product, as required by paragraph 37 of SFAS 131.

	2004		2005		2006
Carbon products		224,716		217,504		241,974
Capital equipment		35,275		29,533		28,119
Equipment leasing		14,318		14,805		14,789
Spare parts		4,661		7,334		9,765
Carbon cloth products		7,668		8,240		8,639
Home consumer products		2,773		3,794		4,320
Other services		6,466		9,625		8,516
Total sales		295,877		290,835		316,122

Form 10-Q for the Quarterly Period Ended September 30, 2006

SEC Comment No. 8:

We note you issued convertible debt in the third quarter of 2006.  Please tell us how you have applied the guidance in SFAS 133 and EITF Issue 00-19 in evaluating whether the debt conversion feature for your convertible debt represents an embedded derivative that you should separate from the debt host and account for at fair value under SFAS 133.  As part of your response, please tell us your consideration of your registration rights agreement.  Please also refer us to the applicable filing on EDGAR which includes your convertible debt agreement.

Response:

The Company reviewed SFAS 133 and EITF 00-19 in developing its accounting treatment for the Convertible Notes that it issued in the third quarter of 2006.  Per Article 12.01 (c) of the indenture governing the convertible debt, the convertible debt agreement does not provide the note holder with an option with regards to method of settlement.  Upon conversion of each $1,000 principal amount of notes, the note holder will be required to wait a 25 trading day observation period and will be paid in cash not to exceed $1,000, with any additional value to be paid in shares of the Company’s common stock.  The conversion will be based upon the ending stock price of each day and will be compared to the conversion price.  Therefore, the note holder can receive a maximum of $40 per day in cash, with any incremental value comprised of the Company’s common stock. In theory, if the Company’s common stock price drops below the conversion price during the 25 day observation period, then the holder of the note could receive less than $1,000 in cash.  In accordance with SFAS 133.11(a) and EITF 00-19, the Company concluded that the conversion feature met the scope exception to not bifurcate the conversion feature.  The Company did not apply SFAS 150.15 as this does not apply if the financial instrument is not a derivative in its entirety.  The Company filed the indenture governing the convertible debt and the related registration rights agreement as Exhibits 4.1 and 4.2, respectively, to the Current Report on Form 8-k filed by the Company on August 18, 2006.

In developing its accounting treatment for the debt, the Company relied upon the guidance within SFAS 133, specifically paragraph 12.  Paragraph 12 sets forth three conditions which the Company utilized in order to whether the conversion feature included in the convertible notes should be separated from the host contract as an embedded derivative.  It is based upon our review that the conversion feature met the conditions under 12.a and 12.b.  The third condition, 12.c, required the Company to review SFAS 133.6, which also contains three conditions regarding whether the conversion feature would represent a derivative if it was a stand-alone contract.  The conversion feature met the first and second conditions of SFAS 133.6, but the third condition required further analysis.  The conversion feature met the SFAS 133.6(c) requirement as the underlying shares would be settled in part cash and in part shares (if in-the-money on conversion). Accordingly, we conclude that the conversion feature met the requirements to be bifurcated, unless the exception under SFAS 133.11a was applicable.

The Company also considered EITF 01-6 paragraph 5 to determine that “indexed to a company’s own stock” is within the meaning EITF 00-19 and paragraph 11(a) of FAS 133 provided that “the contingency provisions are not based on an observable market, other than the market for the issuer’s stock”. The Company first considered the parity feature within the convertible debt instrument which bases conversion on the closing price of the Company’s common stock for at least 20 trading days in the 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter being more than 120% of the conversion price per share. This contingency is not based on an observable market other than the market value of the Company’s stock. The second parity feature considered was based on conversion if the value of the notes falls to less than 103% of the value of the underlying stock. The Company determined that the notes’ fair market value includes the conversion option which is based on the market value of the stock. The 103% of the value of the underlying stock is based solely on the value of the Company’s underlying stock. The Company has considered all of the other contingent features within the conversion feature and has deemed them to be indexed to the Company’s stock in accordance with EITF 01-6. The settlement on conversion will be entirely based on the value of the Company’s underlying stock.

In order to determine whether the exception in SFAS 133.11a was applicable; the Company further reviewed the conversion feature under EITF 00-19.4.  Based on review of EITF 90-19 instrument C and EITF 05-2, the debt was not considered to be a conventional convertible debt instrument due to the number of shares not being fixed and the fact that the anti-dilutive clause related to cash dividends was considered non-standard. The instrument being unconventional guided the Company to consider the application of paragraphs 12 through 32 of EITF 00-19 as follows.

1.) Additional conditions necessary for equity classification.

The indenture governing the convertible debt does not include any provision that allows for a net-cash settlement upon conversion.  The indenture specifically provides that the note holder would receive upon conversion of each $1,000 principal amount of notes a cash amount not to exceed $1,000 with any additional value to be paid in shares of the Company’s common stock when the conversion feature is in the money.  We considered paragraph 46 of EITF 00-19 and noted the following terms under our agreement: A) if conversion occurs at less than the par value of the notes (gain to the Company), the Company would net settle in cash with no shares being issued.  B) If conversion occurs at more than the par value of the notes (loss to the Company), the Company would have to pay up to $1,000 in cash and settle the excess by the physical delivery of shares. 

This would support that the conversion feature should be treated as equity. However, in order for the Company to account for the contract as equity the following conditions must be met:

a.) The contract permits the company to settle in unregistered shares.

Upon a valid conversion of the Notes, the Company is obligated to pay cash and shares of Common Stock, if any, based on a daily conversion value calculated on a proportionate basis for each day of a 25 trading-day observation period.  In general, the Company must deliver the settlement amount to converting holders on the third business day immediately following the last day of the 25 trading-day observation period.  This is the case under the indenture governing the Notes (the “Indenture”) regardless of whether the shares of Common Stock to be issued to the converting holder have been registered for resale under the Securities Act of 1933, as amended (the “Securities Act”), at the time of settlement.  The issuance of shares of Common Stock to a converting holder is a transaction exempt from registration under the Securities Act pursuant to the exemption set forth in Section 3(a)(9).  This exemption is available regardless of whether the shares of Common Stock have been registered for resale by the holder after their issuance.  The Indenture does not provide for any alteration to the formula determining the settlement amount in such event.  Various provisions of the Indenture and the related registration rights agreement (the “Registration Rights Agreement”) contemplate the issuance of unregistered shares in the event that such shares have not been registered for resale at the time of a valid conversion.  Therefore, the Company believes it has a legal right to settle in unregistered shares and upon effectiveness of the registration statement, those shares would become registered.

b.)  The Company has sufficient authorized and unissued shares available to settle the contract after considering all other commitments that may require the issuance of stock during the maximum period the derivative contract could remain outstanding.

The Company has 100,000,000 shares of common stock authorized for issuance and has issued approximately 40,000,000 shares of common stock.  The Company also considered the required issuance of stock options to its employees in this calculation and concluded that it had a sufficient number of authorized and unissued shares to settle the conversion of all of the convertible debt in the event that all of the convertible debt were to be converted. There are no other contracts to be settled in the Company's stock.

c.)  The contract contains an explicit limit on the number of shares to be delivered in a share settlement.

Article 12.03 of the indenture states that if the stock price is greater than $17.25 per share (subject to adjustment), then the conversion rate of the convertible debt will not be adjusted to provide for additional shares to be issued upon conversion.  Article 12.03 also states that in no event will the total number of shares of common stock issuable upon conversion exceed 235.941 per $1,000 principal amount of notes.  In these cases, the maximum number of shares to be issued would be 13.3 million as outlined in the following calculation:

Number of notes issued		75,000
Conversion rate		235.2941
Implied shares		17,647,058
Share price	$	17.25
Value of implied shares	$	304,411,742
Amounts payable at date (on conversion):
- Cash	$	75,000,000
- Shares value	$	229,411,742
- Number of shares		13,299,231
Reconciliation of potential shares to be issued:
Potential shares issued upon conversion		13,299,231
Potential shares issued for stock options		6,660,806
Current issued shares		41,818,356
Total potential number of shares issued		61,778,393
Number of shares available for issuance		100,000,000
Delta		38,221,607

Article 12.03 also states that if the stock price falls below $4.25 per share (subject to adjustment), then the conversion rate of the convertible debt will not be adjusted to provide for additional shares to be issued upon conversion.

d.)  There are no required cash payments to the counterparty in the event the company fails to make timely filings with the SEC.

There are no provisions within the indenture which provide that cash payments are required to the note holders if the Company fails to make timely filings with the SEC.

e.)  There are no required cash payments to the counterparty if the shares initially delivered upon settlement are subsequently sold by the counterparty and the sales proceeds are insufficient to provide the counterparty with full return of the amount due (that is, there are no cash settled “top-off” or “make-whole” provisions).

There are no “top-off” or “make-whole” provisions within the indenture.

f.)  The contract requires net-cash settlement only in specific circumstances in which holders of shares underlying the contract also would receive cash in exchange for their shares.

The indenture governing the convertible debt does not include any provision that allows for a net cash settlement upon conversion. The indenture specifically provides that the note holder would receive upon conversion of each $1,000 principal amount of notes a cash amount not to exceed $1,000 in cash with any additional value to be paid in shares of the Company's common stock when the conversion feature is in-the-money.

g.)  There are no provisions in the contract that indicate that the counterparty has rights that rank higher than those of a shareholder of the stock underlying the contract.

The debt conversion feature of the notes does not provide holders of notes with preferential rights above the rights of holders of Common Stock.  In the event a resale shelf registration statement covering the notes, the guarantees of the notes and the underlying shares of common stock is not timely filed or made effective, additional interest will accrue pursuant to the terms of the registration rights agreement until the failure to file or become effective is cured.  The Company has no other liabilities for monetary damages with respect to any registration obligations, except that holders of notes may be entitled to equitable relief in the event of a breach of the registration rights agreement.  In the event of a liquidation, the indenture does not provide any preferential liquidation rights with respect to the debt conversion feature.

h.)  There is no requirement in the contract to post collateral at any point for any reason.

There are no provisions within the indenture that would require the Company to post collateral of any kind.  The notes are guaranteed by certain of the Company’s domestic subsidiaries on a senior unsecured basis.

2.)  Registration rights agreement

The Registration rights agreement in section 2d.i states that if the Shelf Registration statement is not filed with the commission within 90 days following the Closing Date, then additional interest (penalty interest) shall be accrued on the principal amount of the convertible notes.  The penalty interest rate for the first 90 days of the penalty period is 0.25% and a rate of 0.50% per annum there after.

The Company views the registration rights agreement and the convertible notes as two separate freestanding agreements, and believes the Registration Rights agreements meets the freestanding definition in paragraph 2 of EITF 00-19 and SFAS 150. In accordance with SFAS 133.6, the Company concluded that the agreement met derivative criteria and should be accounted for at fair value. Also note that the  EITF 00-19 analysis of the conversion option is not impacted by the Registration Rights Agreement. It is consistent with View C of the Issue Summary of EITF 05-4. Based on events considered at September 30, 2006, the Company reviewed the Registration Rights Agreement and expected the Company’s ability to file within the required deadlines as probable.  However, the Company conservatively projected penalty interest that would be accrued if the Company did not file its resale shelf registration statement with in 90 days and if the resale shelf registration statement did not become effective with in 240 days.  The Company chose June 30, 2007 as the worst case scenario filing date and calculated the net present value (NPV) of the penalty interest through that date (estimated fair value).  As of the quarter ended September 30, 2006, the result of this calculation was $151,006 and was deemed immaterial by the Company after applying SAB 108.  In our review, we considered that the potential impact to the income statement and balance sheet would be immaterial to the investing public.  The interest rate utilized in the Net Present Value calculation of penalty interest was 8.44%, which was the interest rate of the Company’s debt as of August 11, 2006.  The NPV was calculated in the following table:

Month End	Days		Penalty Interest
11/30/2006		14		7,291.67
12/31/2006		31		16,145.83
1/31/2007		31		16,145.83
2/28/2007		28		14,583.33
3/31/2007		31		16,145.83
4/30/2007		30		22,916.67
5/31/2007		31		32,291.67
6/30/2007		30		31,250.00
Penalty Interest (NPV)			$	151,006.34

Since the Company did not file its Registration Statement by the 90^th day following the transaction, the Company had accrued 45 days of penalty interest as of December 31, 2006.  The Company will implement FSP EITF 00-19-2 and accrue the probable liability under SFAS 5, with an adoption date of January 1, 2007.

SEC Comment No. 9:

If you determine that the conversion feature does not require accounting under SFAS 133, please tell us your consideration of EITF 98-5 and EITF 00-27 regarding the accounting of a beneficial conversation feature.

Response:

During the Company’s review of its convertible notes, the Company also considered the accounting requirements related to a beneficial conversion feature.

Beneficial Conversion Feature

The notes do not contain a beneficial conversion feature, based upon the guidance of EITF 98-5, EITF 00-27 and Accounting Principles Board Opinion (“APB”) 14.  The Company’s stock price on August 11^th, the last trading day prior to the pricing of the notes, was $5.84.  However, the Company expected a drop in its stock price after pricing of the convertible debt, which occurred on August 14, 2006.  The ending stock price on August 14, 2006 was $4.25 and the Company did not expect a significant change in the market after the issuance date.  Per EITF 00-27 issue 4.16, the commitment date of the convertible notes was August 14, 2006.  The Company had the ability to walk away from the issuance of the notes, with no additional costs being incurred, until the Company formally committed to the agreement by approving the pricing of the notes at the end of the day on August 14, 2006.  The Company issued the notes with a conversion price of $5.10 per share or 120% of the Company’s stock price on August 14, 2006.  To further support the analysis of whether the debt contained a beneficial conversion feature and to support fairness of the $4.25 market price on issuance, the Company considered the stock price for 60 days after the issuance date.  The Company’s average ending stock price for this period was $4.55, with a high of $5.18 and a low of $4.22.  Based upon either the fair value of the Company’s stock at the commitment date or the average for the 60 day period, the conversion feature had a negative intrinsic value.  The table below represents the Company’s calculation of the intrinsic value of the conversion feature:

	Commitment Date			60-day Period
Fair Value	$	4.25		$	4.55
Conversion Price	$	5.10		$	5.10
Number of notes issued		75,000			75,000
Intrinsic Value	$	(63,750	)	$	(41,250	)

Because the conversion feature is out-of-the-money at commitment date, the Company concluded under EITF 98-5, EITF 00-2 and APB 14 paragraphs 3 and 12 that no portion of the proceeds should be allocated to the conversion feature in the Convertible Notes. Subsequent events triggering contingent adjustments to the conversion ratio would require further consideration of whether a beneficial conversion feature was created at a future date.

Consideration of subsequent events:

By December 31, 2006, the Company’s stock price increased to $6.20 and has increased further into 2007. The Company believes that this is primarily due to the announcement in our Form 8-K filing on October 5, 2006 of the Department of Commerce’s imposition of a tariff on coal based activated carbon products imported from China.  This tariff has, and is expected to continue to, positively impact the Company’s net income by allowing the Company to competitively charge a higher sales price on its core business in the U.S.  The market has reacted positively to this news with a 9% increase in the share price (comparing the ending stock price on October 5, 2006 and October 6, 2006) and subsequently, the Company’s stock price has continued to increase.

The Company considered EITF 00-27 issue 7 which indicates that if a reset of the conversion rate due to a contingent event occurs the Company would need to calculate if there is a beneficial conversion and record if applicable. The Company intends to apply this requirement to the anti-dilution contingent consideration.  Through December 31, 2006, no contingent events have occurred.

SEC Comment No. 10:

Please also provide us with a thorough analysis of all other provisions of your convertible debenture instrument in order to determine whether there are any other provisions that may be embedded derivatives which should be bifurcated and accounted for separately as derivatives pursuant to SFAS 133.  For embedded derivatives identified through this analysis, please provide us with an analysis of their accounting treatment pursuant to SFAS 133 and EITF 00-19.

Response:

The Company analyzed all other provisions of the convertible debenture instrument to see if there were any embedded derivatives which should be bifurcated and accounted for separately as a derivative pursuant to SFAS 133.

Embedded Derivatives:  Call and Puts in Debt Instruments

The Company considered the call and put options within the contract, which include 1) Call of the debt by the Company at any time after August 20, 2011; 2) Put by the note holder for the Company to repurchase the notes at specified times (August 15, 2011; August 15, 2016; or August 15, 2026 as described in Exhibit A.4b); and 3) Put by the note holder for the Company to repurchase the notes upon Fundamental Changes (Article 11)

The Company reviewed SFAS 133.61(d), paragraph 13, DIG B16 and DIG B39 to determine the accounting treatment of call and puts on the debt instrument.  The first item considered was the value paid upon settlement.  This value is simply a repayment of the principal at par value and is not adjusted based upon changes in an index.  The second item considered was the discount associated with the debt.  The note holders paid the full face value of the Convertible Notes and received no discount.  The discount the Company recorded on the debt represents the cost of issuing the debt and as such does not impact the note holders’ return on investment.  The aforementioned condition required a review of SFAS 133.13 for final determination as to whether the calls and puts are clearly and closely related to the host contract.  The first condition of SFAS 133.13 is met because the note holder would, at a minimum, recover their investment because the contract states that the note holder would be paid the principal of the note at par value in every circumstance.  The second condition for SFAS 133.13 requires a review to determine if the embedded derivative could at least double the investor’s rate of return on the host contract.  Since the contract states that the note holder would only receive $1,000 in cash which equals their initial investment under the call and put options, the Company believes an investor would not be able to double their rate of return under any of the call and put options.  The Company also considered DIG B39 which makes the conditions in paragraph 13(b) not applicable to the call option within the debt instrument as the right to accelerate the settlement of the debt can be exercised only by the Company as issuer. Thus, the Company believes the call and put options on the debt instrument are clearly and closely related to the host, and separate accounting as embedded derivatives is not appropriate. See comment 8 for the separate consideration of the conversion feature.

SEC Comment No. 11:

On page 31 of your Form 10-Q for the quarter ended September 30, 2006, you state that the decrease in cash flows from operations is primarily due to cash generated from discontinued operations.  Please tell us the amounts and where you have classified the cash flows from the operating, investing, and financing activities of your discontinued operations in your statement of cash flows for each period presented in your 2005 Form 10-K.

Response:

In response to your comment #11, Table 2 provides a summary of the three main statement of cash flow line items for continuing and discontinued operations for each period presented in the Company’s 2005 Form 10-K.

Table 2.

	2005									2004									2003
Summarized cash flow	CCC Consol.			Cont. Ops.			Disc. Ops.			CCC Consol.			Cont. Ops.			Disc. Ops.			CCC Consol.			Cont. Ops.			Disc. Ops.
Net cash provided (used by) by operating activities		12,840			4,665			8,175			20,074			21,805			(1,731	)		21,771			19,551			2,220
Net cash used in investing activities		(15,496	)		(15,237	)		(259	)		(46,823	)		(45,357	)		(1,466	)		(8,042	)		(7,503	)		(539	)
Net cash (used in) provided by financing activities		(1,180	)		(1,180	)		—			26,510			26,510			—			(8,075	)		(8,075	)		—

As noted in footnote 10 to FAS 95, Statement of Cash Flows, “Separate disclosure of cash flows pertaining to extraordinary items or discontinued operations reflected in those categories is not required.  An enterprise that nevertheless chooses to report separately operating cash flows of discontinued operations shall do so consistently for all periods affected, which may include periods long after sale or liquidation of the operation.”  The Company chose to not report separate disclosure of cash flows pertaining to its discontinued operations for the three year period ended December 31, 2005.

*****

The Company acknowledges that it is responsible for the adequacy and accuracy of the disclosure in its filings with the SEC, that the SEC staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to the filing, and the Company may not assert staff comments as a defense in any proceedings initiated by the Commission or any person under the federal securities laws of the United States.

Should you have any questions regarding the above matters, please contact the Company’s Chief Financial Officer, Leroy Ball, at 412-787-6775.

Sincerely,

Leroy M. Ball

Attachment A

Calgon Carbon Corporation (CCC) - Americas Service Sub-segment (Less UV)
December 2005 - Monthly

	Pounds				Sales								COS										PGM
Profit
Metrics	CM		PP		CM $		$ / lb		Plan $		$ / lb		CM $			$/ lb		Plan $			$/ lb		CM $			$/ lb		Plan $			$/ lb
Product		6,053		5,194	$	4,684	$	0.77	$	3,396	$	0.65	$	1,925		$	0.32	$	1,311		$	0.25	$	2,758		$	0.46	$	2,085		$	0.40
% of Sales														41.1	%				38.6	%				58.9	%				61.4	%
Service		—		—		1,239				723				2,394					1,197					(1,154	)				(475	)
% of Sales														193.2	%				165.7	%				-93.2	%				-65.7	%
IX		1		—		290				1,247				192					810					98					436
% of Sales														66.1	%				65.0	%				33.9	%				35.0	%
Odor		—		5		15				4		0.79		31					3			0.51		(16	)				1			0.28
% of Sales														203.3	%				65.0	%				-103.3	%				35.0	%
SR		—		—		48				—				6					—					43
% of Sales														12.3	%									87.7	%
Unclassified		—		7		2				137				164					(64	)				(162	)				201
Serv(less UV)		6,054		5,207	$	6,279	$	1.04	$	5,506	$	1.06	$	4,712		$	0.78	$	3,257		$	0.63	$	1,567		$	0.26	$	2,249		$	0.43
% of Sales														75.0	%				59.1	%				25.0	%				40.9	%

	Current Month											Profit Plan
Product Breakdown	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
React		2,990	$	1,350	$	607	$	742		55.0	%		2,767	$	1,301	$	385	$	916		70.4	%
$ per lb			$	0.45	$	0.20	$	0.25						$	0.47	$	0.14	$	0.33
Prime		1,686		1,431		510		920		64.3	%		1,046		742		294		448		60.4	%
$ per lb				0.85		0.30		0.55							0.71		0.28		0.43
Acid Washed		274		296		137		159		53.8	%		245		255		107		148		57.9	%
$ per lb				1.08		0.50		0.58							1.04		0.44		0.60
Outsourced		377		313		130		183		58.4	%		545		323		165		158		49.0	%
$ per lb				0.83		0.35		0.48							0.59		0.30		0.29
Coconut		91		111		49		62		56.0	%		63		62		23		39		62.6	%
$ per lb				1.21		0.53		0.68							0.98		0.37		0.61
Systems		611		970		359		611		63.0	%		465		531		242		288		54.3	%
$ per lb				1.59		0.59		1.00							1.14		0.52		0.62
PWS Contr.		24		214		134		80		37.6	%		62		182		94		89		48.6	%
$ per lb				8.91		5.56		3.35							2.95		1.51		1.43
Product		6,053	$	4,684	$	1,925	$	2,758		58.9	%		5,194	$	3,396	$	1,311	$	2,085		61.4	%
$ per lb			$	0.77	$	0.32	$	0.46						$	0.65	$	0.25	$	0.40

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	5,506		$	3,257		$	2,249			40.9	%
Product Price/Mix		282			302			(19	)		-2.3	%
Product Volume		431			157			274			1.7	%
Systems		440			116			323			2.4	%
PWS Contracts		32			40			(8	)		-0.4	%
IX volume & price		(956	)		(618	)		(338	)		1.2	%
Solv Rec & Odor		60			34			25			0.0	%
Field Serv.+Whsg.		295			24			272			2.6	%
Monthly Fees		91			—			91			1.0	%
Exchange Fees		(9	)		—			(9	)		-0.1	%
Cap variance					325			(325	)		-5.9	%
Freight (cost)					(167	)		167			3.0	%
Freight (volume)					133			(133	)		-2.4	%
Mesa		2			29			(28	)		-0.5	%
Other		105			1,079			(974	)		-18.1	%
Combined acretion/dilution		—			—			—			2.0	%
December 2005	$	6,279		$	4,712		$	1,567			25.0	%

	Current Month								Profit Plan
Service Breakdown	Sales			COS		PGM %			Sales		COS			PGM %
Total Product Margins							58.9	%							61.4	%
FS - Serv.	$	437		$	437		-5.0	%	$	142	$	413			-10.1	%
FS - Whsg.		—			—		0.0	%		—		—			0.0	%
Tot FS Budgets	$	437		$	437		-5.0	%	$	142	$	413			-10.1	%
FS - Direct		—			—		0.0	%		—		—			0.0	%
Total FS	$	437		$	437		-5.0	%	$	142	$	413			-10.1	%
Month Fee		586			—		4.6	%		495		—			4.9	%
Exchange Fee		(2	)		—		0.0	%		7		—			0.1	%
Handling Fee		103			1,322		-26.7	%		—		806			-23.7	%
Parts		10			25		-0.4	%		59		23			0.0	%
Media		0			0		0.0	%		—		—			0.0	%
Test/Accept.		35			—		0.3	%		5		—			0.1	%
Misc.Serv.		66			—		0.6	%		14		—			0.2	%
Other		3			609		-5.0	%		1		(45	)		6.4	%
Total Service	$	1,239		$	2,394		-31.8	%	$	723	$	1,197			-22.3	%
Total Product + Service Margins							27.1	%							39.1	%
Equipment Impact on Total Margins							0.5	%							-1.0	%
Total Product + Service + Eqt. Margins							27.5	%							38.1	%

	Capitalized Variance - Exp / (Inc)
	CM			PP			PY			NM		NM PP
PPV	$	(10	)	$	(5	)	$	73		$	83	$	(9	)
Mfg		192			—			(82	)		102		131
Inventory		150			13			(6	)		186		197
Service	$	333		$	8		$	(15	)	$	371	$	320

Freight	CM		PP		PY		Nov-05		Oct-05
Expense	$	773	$	806	$	—	$	711	$	1,010
$ per lb	$	0.128	$	0.155			$	0.111	$	0.171

Currently deduction for FS in Carbon Only

	Product Price Mix								Product Volume
Product Group P/V Analysis	Sales			COS		PGM $			Sales			COS			PGM $
React		(56	)		191		(247	)		105			31			74
Prime		235			36		199			453			180			274
Acid Washed		12			17		(5	)		30			12			17
Outsourced		89			16		73			(100	)		(51	)		(49	)
Coconut		21			15		6			27			10			17
P/V Totals	$	301		$	276	$	26		$	515		$	182			333

Regions	Sales		%/plan			PGM $			%/plan			PGM %
Can/Lat Am.	$	197		334	%	$	18			45	%		8.9	%
National		29		0 plan			29			0 plan			100.0	%
East		1,502		196	%		499			147	%		33.2	%
Central		1,504		138	%		645			137	%		42.9	%
South		2,038		139	%		655			86	%		32.1	%
West		654		76	%		215			49	%		32.9	%
IX Resin		290		23	%		98			23	%		33.9	%
Odor		15		369	%		(16	)		-1087	%		-103.3	%
Solvent Rec.		48		0 plan			43			0 plan			87.7	%
Other		1		7	%		(619	)		258	%		-103990.6	%
Reg. Totals		6,279		114	%		1,567			70	%		25.0	%

	Current Month								Profit Plan
Unclassified Breakdown	Sales		COS			PGM %			Sales		COS			PGM %
Total Product + Service + Eqt. Margins							27.5	%							38.1	%
Freight	$	—	$	(549	)		8.8	%	$	—	$	—			0.0	%
Mesa		2		29			-0.4	%		—		—			0.0	%
PPI Increase		—		—			0.0	%		103		—			1.2	%
Refurb		—		—			0.0	%		—		—			0.0	%
React trial		—		—			0.0	%		—		—			0.0	%
Cap Var		—		333			-5.3	%		—		8			-0.1	%
BSP EV		—		—			0.0	%		—		—			0.0	%
New Prod		—		—			0.0	%		34		16			0.1	%
Smoothing		—		—			0.0	%		—		(89	)		1.7	%
Misc.Other		—		350			-749.3	%		—		0			0.0	%
Unclassified	$	2	$	164			-2.6	%	$	137	$	(64	)		2.7	%
Total Service Margins							25.0	%							40.9	%

	Current Month
Top 10 Customers	Pounds			Sales			COS			PGM $			PGM %
1   Anheuser Busch		451		$	414		$	224		$	191			46.0	%
2   Dow		499			403			248			155			38.4	%
3   Miller Brewing		4			244			196			49			20.0	%
4   City of Haverhill		268			226			110			117			51.5	%
5    Earth Tech		31			224			157			67			30.1	%
6    Chevron		224			189			91			98			52.0	%
7    Bayer		665			186			313			(127	)		-68.4	%
8    Dupont		206			179			103			76			42.3	%
9    Brenntag		138			145			59			87			59.6	%
10 Air Products		279			145			143			2			1.3	%
Service		2,766		$	2,355		$	1,642		$	713			30.3	%
% of Total		45.7	%		37.5	%		34.8	%		45.5	%

“Misc. Other” of $350k in the Unclassified Breakdown section is comprised of; 1.) Physical Inventory Adjustments of $408k, and 2.) P.O. reversal to GR/IR for ($58k).

Attachment A

Calgon Carbon Corporation (CCC) - Americas Service Sub-segment (Less UV)
December 2005 - Quarterly

	Pounds				Sales								COS										PGM
Profit Metrics	3Q		PP		3Q $		$ / lb		Plan $		$ / lb		3Q $			$ / lb		Plan $			$ / lb		3Q $			$ / lb			Plan $			$ / lb
Product		18,127		18,051	$	13,311	$	0.73	$	12,130	$	0.67	$	5,376		$	0.30	$	4,644		$	0.26	$	7,935		$	0.44		$	7,485		$	0.41
% of Sales														40.4	%				38.3	%				59.6	%					61.7	%
Service		—		—		3,347				2,421				5,195					3,954					(1,848	)					(1,534	)
% of Sales														155.2	%				163.4	%				-55.2	%					-63.4	%
IX		4		—		986				3,603				674					2,342					313						1,261
% of Sales														68.3	%				65.0	%				31.7	%					35.0	%
Odor		44		16		38		0.88		13		0.79		51			1.16		8			0.51		(13	)		(0.29	)		4			0.28
% of Sales														132.8	%				65.0	%				-32.8	%					35.0	%
SR		—		—		104				—				106					—					(2	)					—
% of Sales														101.5	%									-1.5	%
Unclassified		200		21		54				410				1,083					(75	)				(1,029	)					485
Serv(less UV)		18,376		18,088	$	17,841	$	0.97	$	18,576	$	1.03	$	12,484		$	0.68	$	10,874		$	0.60	$	5,357		$	0.29		$	7,702		$	0.43
% of Sales														70.0	%				58.5	%				30.0	%					41.5	%

	Current Year 3Q											Profit Plan
Product Breakdown	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
React		9,493	$	4,361	$	1,970	$	2,391		54.8	%		9,109	$	4,333	$	1,291	$	3,043		70.2	%
$ per lb			$	0.46	$	0.21	$	0.25						$	0.48	$	0.14	$	0.33
Prime		4,571		4,092		1,414		2,678		65.4	%		4,636		3,330		1,337		1,993		59.9	%
$ per lb				0.90		0.31		0.59							0.72		0.29		0.43
Acid Washed		708		777		346		431		55.5	%		770		814		350		464		57.0	%
$ per lb				1.10		0.49		0.61							1.06		0.45		0.60
Outsourced		803		672		285		387		57.6	%		1,646		1,061		493		568		53.6	%
$ per lb				0.84		0.35		0.48							0.64		0.30		0.35
Coconut		173		206		102		105		50.8	%		193		205		70		134		65.6	%
$ per lb				1.19		0.59		0.60							1.06		0.36		0.69
Systems		1,615		2,654		979		1,675		63.1	%		1,512		1,949		884		1,065		54.6	%
$ per lb				1.64		0.61		1.04							1.29		0.58		0.70
PWS Contr.		764		547		280		268		48.9	%		186		438		220		218		49.9	%
$ per lb				0.72		0.37		0.35							2.36		1.18		1.18
Product		18,127	$	13,311	$	5,376	$	7,935		59.6	%		18,051	$	12,130	$	4,644	$	7,485		61.7	%
$ per lb			$	0.73	$	0.30	$	0.44						$	0.67	$	0.26	$	0.41

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	18,576		$	10,874		$	7,702			41.5	%
Product Price/Mix		418			707			(289	)		-2.4	%
Product Volume		(360	)		(131	)		(229	)		-0.4	%
Systems		706			95			610			1.6	%
PWS Contracts		109			60			49			0.0	%
IX volume & price		(2,617	)		(1,668	)		(948	)		0.9	%
Solv Rec & Odor		130			149			(19	)		-0.4	%
Field Serv.+Whsg.		243			157			86			-0.1	%
Monthly Fees		227			—			227			0.7	%
Exchange Fees		47			—			47			0.1	%
Cap variance					772			(772	)		-4.2	%
Freight (cost)					(247	)		247			1.3	%
Freight (volume)					48			(48	)		-0.3	%
Mesa		54			151			(96	)		-0.6	%
Other		309			1,519			(1,210	)		-7.1	%
Combined acretion/dilution		—			—			—			-0.7	%
4Q 2005	$	17,841		$	12,484		$	5,357			30.0	%

	Current Quarter							Profit Plan
Service Breakdown	Sales		COS		PGM %			Sales		COS			PGM %
Total Product Margins						59.6	%							61.7	%
FS - Serv.	$	823	$	1,161		-5.9	%	$	581	$	1,239			-8.0	%
FS - Whsg.		—		149		-1.1	%		—		—			0.0	%
Tot FS Budgets	$	823	$	1,310		-6.9	%	$	581	$	1,239			-8.0	%
FS - Direct		—		86		-0.6	%		—		—			0.0	%
Total FS	$	823	$	1,396		-7.5	%	$	581	$	1,239			-8.0	%
Month Fee		1,715		—		4.6	%		1,488		—			4.2	%
Exchange Fee		65		—		0.2	%		18		—			0.1	%
Handling Fee		255		2,692		-19.1	%		21		2,692			-22.1	%
Parts		48		76		-0.4	%		177		70			0.0	%
Media		1		1		0.0	%		63		31			-0.1	%
Test/Accept.		177		—		0.5	%		17		—			0.1	%
Misc.Serv.		213		—		0.6	%		52		—			0.2	%
Other		50		1,031		-2.0	%		3		(78	)		4.9	%
Total Service	$	3,347	$	5,195		-23.1	%	$	2,421	$	3,954			-20.8	%
Total Product + Service Margins						36.5	%							40.9	%
Equipment Impact on Total Margins						-0.6	%							-1.2	%
Total Product + Service + Eqt. Margins						35.9	%							39.7	%

	Capitalized Variance - Exp / (Inc )
	4Q CY			4Q PP			4Q PY			1Q ‘06		1Q PP
PPV	$	(178	)	$	(30	)	$	206		$	337	$	7
Mfg		503			—			(176	)		194		276
Inventory		455			39			(10	)		408		(185	)
Service	$	781		$	9		$	20		$	939	$	98

Freight	4Q CY		4Q PP		4Q PY	Qtrly frt. Inc
Expense	$	2,493	$	2,692
$ per lb	$	0.136	$	0.149

Currently deduction for FS in Carbon Only

	Product Price Mix								Product Volume
Product Group P/V Analysis	Sales			COS		PGM $			Sales			COS			PGM $
React		(155	)		625		(780	)		183			54			128
Prime		808			96		712			(46	)		(19	)		(28	)
Acid Washed		29			24		5			(66	)		(28	)		(38	)
Outsourced		154			44		110			(543	)		(252	)		(291	)
Coconut		23			38		(15	)		(21	)		(7	)		(14	)
P/V Totals	$	861		$	828	$	32		$	(494	)	$	(252	)		(242	)

	Current Quarter								Profit Plan
Unclassified Breakdown	Sales		COS			PGM %			Sales		COS			PGM %
Total Product + Service + Eqt. Margins							35.9	%							39.7	%
Freight	$	—	$	(199	)		1.1	%	$	—	$	—			0.0	%
Mesa		54		151			-0.6	%		—		—			0.0	%
PPI Increase		—		—			0.0	%		309		—			1.0	%
Refurb		—		—			0.0	%		—		—			0.0	%
React trial		—		—			0.0	%		—		—			0.0	%
Cap Var		—		781			-4.4	%		—		9			0.0	%
BSP EV		—		—			0.0	%		—		—			0.0	%
New Prod		—		—			0.0	%		101		49			0.1	%
Smoothing		—		—			0.0	%		—		(133	)		0.7	%
Misc.Other		—		350			-971.3	%		—		0			0.0	%
Unclassified	$	54	$	1,083			-5.9	%	$	410	$	(75	)		1.7	%
Total Service Margins							30.0	%							41.5	%

	December YTD											Profit Plan
Carbon Breakdown	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
Acid Washed		487	$	471	$	237	$	233		49.6	%		486	$	434	$	210	$	224		51.5	%
$ per lb			$	0.97	$	0.49	$	0.46						$	0.59	$	0.43	$	0.46
Fine Mesh		1		2		0		2		85.0	%		0		—		—		—
$ per lb				2.25		0.34		1.91							—		—		—
Impregnated		73		263		151		103		40.6	%		119		352		160		193		54.7	%
$ per lb				3.45		2.05		1.41							2.95		1.34		1.81
Prime		8,648		3,867		2,076		1,791		46.3	%		8,165		4,176		2,276		1,901		45.5	%
$ per lb				0.58		0.31		0.27							0.51		0.26		0.23
Powder		683		91		62		29		32.1	%		95		60		31		29		49.0	%
$ per lb				0.13		0.09		0.04							0.63		0.32		0.31
React		106		55		31		24		43.2	%		160		62		31		31		50.0	%
$ per lb				0.52		0.30		0.23							0.39		0.19		0.19
CCD Prod		7,999	$	4,739	$	2,557	$	2,182		46.0	%		9,025	$	5,064	$	2,707	$	2,377		46.8	%
$ per lb				0.68		0.32		0.27							0.58		0.30		0.26
Coconut		2,086		1,600		1,046		552		34.5	%		1,501		1,974		1,009		865		48.9	%
$ per lb				0.77		0.60		0.26							1.32		0.67		0.64
Outsourced		1,267		490		320		170		34.8	%		1,245		430		244		186		43.3	%
$ per lb				0.39		0.25		0.14							0.35		0.20		0.15
New Products		—		—		—		—					1		5		3		2		38.2	%
$ per lb															4.59		2.84		1.75
Non-CC Prd		3,342	$	2,080	$	1,367	$	722		34.8	%		2,747	$	2,409	$	1,256	$	1,153		47.9	%
$ per lb				0.63		0.41		0.22							0.88		0.46		0.42
Tot Carbon		11,340	$	6,829	$	3,924	$	2,904		42.5	%		11,772	$	7,493	$	3,983	$	9,530		47.1	%
$ per lb			$	0.60	$	0.36	$	0.28						$	0.64	$	0.34	$	0.30

Attachment A

Calgon Carbon Corporation (CCC) - Americas Service Sub-segment (Less UV)
December 2005 - Year-To-Date

	Pounds				Sales								COS										PGM
Profit Metrics	YTD		PP		YTD $		$/lb		Plan $		$/lb		YTD $			$/lb		Plan $			$/ lb		YTD $			$/ lb		Plan $			$/lb
Product		70,933		76,500	$	50,473	$	0.71	$	51,461	$	0.67	$	20,620		$	0.29	$	20,052		$	0.26	$	29,853		$	0.42	$	31,409		$	0.41
% of Sales														40.9	%				39.0	%				59.1	%				61.0	%
Service		—		—		12,012				10,162				16,784					16,352					(4,772	)				(6,190	)
% of Sales														139.7	%				160.9	%				-39.7	%				-60.9	%
IX		23		0		4,874				12,825				3,081					8,336					1,793					4,489
% of Sales														63.2	%				65.0	%				36.8	%				35.0	%
Odor		169		63		271		1.60		50		0.79		194			1.14		33			0.51		77			0.46		17			0.28
% of Sales														71.5	%				65.0	%				28.5	%				35.0	%
SR		—		—		406				—				415					—					(9	)				—
% of Sales														102.3	%									-2.3	%
Unclassified		1,720		83		765				1,642				3,850					(512	)				(3,084	)				2,153
Serv(less UV)		72,846		76,646	$	68,801	$	0.94	$	76,139	$	0.99	$	44,943		$	0.62	$	44,261		$	0.58	$	23,858		$	0.33	$	31,878		$	0.42
% of Sales														65.3	%				58.1	%				34.7	%				41.9	%

	Current Year YTD											Profit Plan
Product Breakdown	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
React		38,781	$	18,020	$	7,470	$	10,550		58.5	%		37,188	$	17,732	$	5,235	$	12,497		70.5	%
$ per lb			$	0.46	$	0.19	$	0.27						$	0.48	$	0.14	$	0.34
Prime		16,908		14,067		5,366		8,700		61.9	%		20,634		14,310		5,954		8,356		58.4	%
$ per lb				0.83		0.32		0.51		.					0.69		0.29		0.40
Acid Washed		3,212		3,417		1,548		1,868		54.7	%		3,074		3,219		1,444		1,775		55.1	%
$ per lb				1.06		0.48		0.58							1.05		0.47		0.58
Outsourced		2,989		2,520		1,110		1,410		56.0	%		5,910		3,943		1,689		2,254		57.2	%
$ per lb				0.84		0.37		0.47							0.67		0.29		0.38
Coconut		836		1,094		588		506		46.3	%		1,069		1,126		457		669		59.4	%
$ per lb				1.31		0.70		0.61							1.05		0.43		0.63
Equipment		5,313		9,392		3,564		5,827		62.0	%		6,840		9,406		4,410		4,996		53.1	%
$ per lb				1.77		0.67		1.10							1.38		0.64		0.73
PWS Contr.		2,895		1,963		973		990		50.4	%		1,785		1,726		864		862		49.9	%
$ per lb				0.68		0.34		0.34							0.97		0.48		0.48
Product		70,933	$	50,473	$	20,620	$	29,853		59.1	%		76,500	$	51,461	$	20,052	$	31,409		61.0	%
$ per lb			$	0.71	$	0.29	$	0.42						$	0.67	$	0.26	$	0.41

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	76,139		$	44,261		$	31,878			41.9	%
Product Price/Mix		612			2,426			(1,814	)		-2.7	%
Product Volume		(3,059	)		(1,121	)		(1,938	)		-0.9	%
Systems		(14	)		(846	)		832			1.1	%
PWS Contracts		238			109			128			0.0	%
IX volume & price		(7,951	)		(5,255	)		(2,696	)		0.9	%
Solv Rec & Odor		626			576			50			-0.3	%
Field Serv.+Whsg.		185			(577	)		763			0.9	%
Monthly Fees		902			—			902			0.7	%
Exchange Fees		(40	)		—			(40	)		0.0	%
Cap variance					2,220			(2,220	)		-2.9	%
Freight (cost)					(910	)		910			1.2	%
Freight (volume)					(529	)		529			0.7	%
Mesa		721			1,603			(882	)		-1.5	%
Other		443			2,987			(2,544	)		-3.6	%
Combined acretion/dilution		—			—			—			-0.8	%
Dec 2005 YTD	$	68,801		$	44,943		$	23,858			34.7	%

	Current Year YTD								Profit Plan
Service Breakdown	Sales		COS			PGM %			Sales		COS			PGM %
Total Product Margins							59.1	%							61.0	%
FS - Serv.	$	2,692	$	4,118			-5.7	%	$	2,507	$	4,981			-7.4	%
FS - Whsg.		—		848			-1.7	%		—		—			0.0	%
Tot FS Budgets	$	2,692	$	4,967			-7.3	%	$	2,507	$	4,981			-7.4	%
FS - Direct		—		(564	)		1.1	%		—		—			0.0	%
Total FS	$	2,692	$	4,403			-6.2	%	$	2,507	$	4,981			-7.4	%
Month Fee		6,852		—			4.9	%		5,950		—			4.0	%
Exchange Fee		104		—			0.1	%		145		—			0.1	%
Handling Fee		800		9,418			-17.7	%		120		11,073			-21.4	%
Parts		128		237			-0.4	%		728		289			0.0	%
Media		69		18			0.0	%		361		183			-0.1	%
Test/Accept.		481		—			0.4	%		81		—			0.1	%
Misc.Serv.		812		—			0.6	%		257		—			0.2	%
Other		74		2,707			-0.7	%		13		(174	)		4.4	%
Total Service	$	12,012	$	16,784			-19.0	%	$	10,162	$	16,352			-20.1	%
Total Product + Service Margins							40.1	%							40.9	%
Equipment Impact on Total Margins							-0.5	%							-1.0	%
Total Product + Service + Eqt. Margins							39.6	%							39.9	%

	Capitalized Variance - Exp / (Inc)
	CY YTD			PP			PY YTD			‘04 in ‘05			2006 BAL
PPV	$	940		$	43		$	114		$	702		$	397
Mfg		739			(155	)		75			(309	)		218
Inventory		(177	)		(606	)		(195	)		(44	)		472
Service	$	1,502		$	(718	)	$	(6	)	$	348		$	1,087

Freight	CY YTD		PP		PY YTD		frt. Inc
Expense	$	9,634	$	11,073	$	—	$	701,791,109
$ per lb	$	0.132	$	0.145

Currently deduction for FS in Carbon Only

	Product Price Mix								Product Volume
Product Group P/V Analysis	Sales			COS		PGM $			Sales			COS			PGM $
React		(471	)		2,011		(2,482	)		759			224			535
Prime		2,341			487		1,853			(2,584	)		(1,075	)		(1,509	)
Acid Washed		53			40		13			145			65			80
Outsourced		526			256		270			(1,948	)		(835	)		(1,114	)
Coconut		214			231		(17	)		(246	)		(100	)		(146	)
P/V Totals	$	2,663		$	3,025	$	(362	)	$	(3,874	)	$	(1,720	)		(2,154	)

	Current Year YTD								Profit Plan
Unclassified Breakdown	Sales		COS			PGM %			Sales		COS			PGM %
Total Product + Service + Eqt. Margins							39.6	%							39.9	%
Freight	$	—	$	216			-0.3	%	$	—	$	—			0.0	%
Mesa		721		1,603			-1.7	%		—		—			0.0	%
PPI Increase		—		—			0.0	%		1,237		—			1.0	%
Refurb		—		92			-0.1	%		—		—			0.0	%
React trial		—		—			0.0	%		—		—			0.0	%
Cap Var		—		1,502			-2.2	%		—		(718	)		1.0	%
BSP EV		—		(2	)		0.0	%		—		—			0.0	%
New Prod		—		—			0.0	%		405		197			0.1	%
Smoothing		—		—			0.0	%		—		9			0.0	%
Misc.Other		45		439			-1069.8	%		—		0			0.0	%
Unclassified	$	765	$	3,850			-4.9	%	$	1,642	$	(512	)		2.0	%
Total Service Margins							34.7	%							41.9	%

	Current Year YTD
Top 10 Customers	Pounds			Sales			COS			PGM $			PGM %
1    Dow		5,499		$	4,358		$	2,266		$	2,092			48.0	%
2    Earth Tech		261			2,585			1,611			974			37.7	%
3    Bayer		7,848			2,437			2,799			(362	)		-14.8	%
4    Dupont		2,741			2,366			872			1,494			63.1	%
5    Air Products		3,395			1,755			1,415			340			19.4	%
6   Anheuser Busch		1,899			1,686			1,030			656			38.9	%
7    Degussa		1,667			1,387			783			604			43.5	%
8    Marathon		1,075			1,320			774			547			41.4	%
9    Cal Domestic		7			1,315			688			627			47.7	%
10  BASF		988			1,058			625			433			40.9	%
Service		25,381		$	20,268		$	12,862		$	7,405			36.5	%
% of Total		34.8	%		29.5	%		28.6	%		31.0	%

“Misc. Other” of $439k in the Unclassified Breakdown section is comprised of; 1.) Physical Inventory Adjustments of $408k, and 2.) GR/IR Clearing Adjustments for $31k.

Attachment A

Calgon Carbon Corporation (CCC) - Asia Carbon Sub-segment
December 2005 - Monthly

	Pounds				Sales									COS										PGM
Profit Metrics
	CM		PP		CM $			$ / lb		Plan $		$ / lb		CM $			$ / lb		Plan $			$ / lb		CM $			$ / lb		Plan $			$ / lb
Asia		1,165		1,510	$	886		$	0.76	$	886	$	0.59	$	508		$	0.44	$	494		$	0.33	$	378		$	0.32	$	392		$	0.26
% of Sales															57.3	%				55.7	%				42.7	%				44.3	%
CMCC		980		449		413			0.42		244		0.54		261			0.27		136			0.30		152			0.16		108			0.24
% of Sales															63.2	%				55.8	%				36.8	%				44.2	%
China		290		95		66			0.23		50		0.53		47			0.16		28			0.30		19			0.06		22
% of Sales															71.6	%				56.0	%				28.4	%				44.0	%
Carbon Prod		2,435		2,054	$	1,365		$	0.56	$	1,180	$	0.57	$	816		$	0.34	$	658		$	0.32	$	549		$	0.23	$	522		$	0.25
% of Sales															59.8	%									40.2	%
Other		—		18		(14	)				13		0.73		148					30			1.72		(162	)				(17	)		(0.99	)
% of Sales															-1047.0	%				235.6	%				1147.0	%				-135.6	%
Total Carbon		2,435		2,071	$	1,351		$	0.55	$	1,193	$	0.58	$	964		$	0.40	$	688		$	0.33	$	387		$	0.16	$	505		$	0.24
% of Sales															71.3	%				57.7	%				28.7	%				42.3	%

	Current Month											Profit Plan
Carbon Breakdown
	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
Acid Washed		124	$	130	$	69	$	60		46.6	%		168	$	145	$	71	$	73		50.5	%
$ per lb			$	1.04	$	0.56	$	0.49						$	0.86	$	0.43	$	0.44
Fine Mesh		—		—		—		—					0		—		—		—
$ per lb															—		—		—
Impregnated		66		224		137		87		38.9	%		11		17		9		9		50.0	%
$ per lb				3.41		2.08		1.33							1.56		0.78		0.78
Prime		1,528		727		408		319		43.9	%		1,442		584		348		236		40.5	%
$ per lb				0.48		0.27		0.21							0.41		0.24		0.16
Powder		222		25		19		7		26.7	%		0		—		—		—
$ per lb				0.11		0.08		0.03							—		—		—
React		6		3		2		1		41.3	%		40		21		10		10		50.0	%
$ per lb				0.54		0.32		0.22							0.52		0.26		0.26
CCC Prod		1,945	$	1,109	$	634	$	475		42.8	%		1,661	$	767	$	438	$	328		42.8	%
$ per lb				0.57		0.33		0.24							0.46		0.26		0.20
Coconut		313		193		139		54		28.2	%		232		343		176		167		48.8	%
$ per lb				0.62		0.44		0.17							1.48		0.76		0.72
Outsourced		177		63		44		20		31.2	%		161		69		43		26		37.5	%
$ per lb				0.36		0.25		0.11							0.43		0.27		0.16
New Products		—		—		—		—					0		1		1		0		38.2	%
$ per lb															4.59		2.84		1.75
Non-CCC Prd		490	$	256	$	182	$	74		28.9	%		393	$	413	$	220	$	194		46.9	%
$ per lb				0.52		0.37		0.15							1.05		0.56		0.49
Tot Carbon		2,435	$	1,365	$	816	$	549		40.2	%		2,054	$	1,180	$	658	$	522		44.2	%
$ per lb			$	0.56	$	0.34	$	0.23						$	0.57	$	0.32	$	0.25

PGM Recon	Sales			COS			PGM $		PGM %
Profit Plan	$	1,193		$	688		$	505		42.3	%
Product Price/Mix		(6	)		57			(63	)	-5.1	%
Product Volume		191			101			90		0.6	%
Freight		—			—			—		0.0	%
Misc. Service		(13	)		(7	)		(6	)	-0.1	%
Export Fees		—			—			—		0.0	%
China VAT		—			—			—		0.0	%
CMCC Profit in Inv		—			155			(155	)	-13.0	%
Smoothing		—			(24	)		24		2.0	%
Other		(14	)		(7	)		(7	)	-0.1	%
Combined acretion/dilution		—			—			—		1.9	%
December 2005	$	1,351		$	964		$	387		28.7	%

	Capitalized Variance - Exp / (Inc) *included in America’s P/L
	CM		PP		PY			NM		NM PP
PPV	$	32	$	—	$	96		$	19	$	—
Mfg		5		—		(8	)		16		—
Inventory		7		—		3			7		—
Carbon	$	44	$	—	$	91		$	42	$	—

Freight	CM		PP		PY		Apr-05		Mar-05
Expense	$	—	$	—	$	—	$	—	$	—
$ per lb	$	—	$	—	$	—

Regions	Sales		%/plan			PGM $			%/plan			PGM %
Asia	$	894		100	%	$	386			99	%		43.1	%
CMCC		419		171	%		(3	)		-3	%		-0.7	%
China		38		76	%		5			19	%		12.5	%
Reg. Totals	$	1,351		113	%	$	387			77	%		28.7	%

	Current Month						Profit Plan
“Other” Breakdown
	Sales			COS			Sales		COS
Freight	$	—		$	—		$	—	$	—
Misc. Service		—			—			13		7
Cap Var										—
Field Serv.										—
Export Fees										—
China VAT										—
CMCC PII					155					—
Smoothing								—		24
Misc. Other		(14	)		(7	)		—		0
Total Other	$	(14	)	$	148		$	13	$	30

	Product Price Mix									Product Volume
Product Group P/V Analysis
	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed	$	23		$	16		$	6		$	(37	)	$	(19	)	$	(19	)
Fine Mesh		—			—			—			—			—			—
Impregnated		122			86			36			85			43			43
Prime		108			39			69			35			21			14
Powder		25			19			7			—			—			—
React		0			0			(0	)		(18	)		(9	)		(9	)
Coconut		(270	)		(99	)		(172	)		120			62			59
Outsourced		(13	)		(4	)		(9	)		7			4			3
New Products		—			—			—			(1	)		(1	)		(0	)
P/V Totals	$	(6	)	$	57		$	(63	)	$	191		$	101		$	90

	Current Month
Top 10 Customers
	Pounds			Sales			COS			PGM $			PGM %
1   CMCC		980		$	413		$	261		$	152			36.8	%
2   Mampan Jitu		103			246			144			102			41.6	%
3   Wel Han Enviro		555			195			137			58			29.7	%
4   Connell Bros.		117			92			45			47			50.8	%
5   Filtrona		44			47			29			18			38.6	%
6   MicroFilter Co.		40			44			20			24			55.4	%
7   Kerry-Oleo Chem		40			36			13			23			63.7	%
8   Hikal LTD		22			35			11			24			68.6	%
9   Samyang		40			34			16			18			53.7	%
10  Kingyorker		42			34			21			13			38.5	%
Carbon		1,983		$	1,176		$	696		$	480			40.8	%
% of Total		81.4	%		87.0	%		72.2	%		123.8	%

						Current Month
Top 10 Products			% of plan
	Type					Pounds			Sales			per/lb		COS			per/lb		PGM $			PGM %
1    HGR-LH		IM		0 plan			63		$	211		$	3.35	$	132		$	2.10	$	79			37.3	%
2    F400 CD		PR		92	%		577			191			0.33		131			0.23		60			31.6	%
3    Cal CA 12x40		PR		0 plan			159			113			0.71		53			0.33		60			53.5	%
4    Cal 12x40		PR		0 plan			126			102			0.81		40			0.32		62			60.8	%
5    F400 D		PR		42	%		257			101			0.39		71			0.28		30			29.7	%
6   CPG LF 12x40		AW		52	%		66			71			1.08		33			0.50		39			54.1	%
7    F300 D		PR		0 plan			153			53			0.35		35			0.23		18			33.2	%
8   Solcarb 208CM		CO		0 plan			44			47			1.08		29			0.66		18			38.6	%
9   Cane Cal 12x40		PR		0 plan			54			47			0.86		22			0.40		25			52.8	%
10   CPG T33		AW		0 plan			40			44			1.10		20			0.49		24			55.4	%
Carbon							1,539		$	980		$	0.64	$	565		$	0.37	$	415			42.3	%
% of Total							63.2	%		72.5	%				58.6	%				107.0	%

Attachment A

Calgon Carbon Corporation (CCC) - Asia Carbon Sub-segment
December 2005 - Quarterly

	Pounds				Sales									COS										PGM
Profit Metrics
	CM		PP		CM $			$ / lb		Plan $		$ / lb		CM $			$ / lb		Plan $			$ / lb		CM $			$ / lb		Plan $			$ / lb
Asia		2,767		4,103	$	2,033		$	0.73	$	2,437	$	0.59	$	1,098		$	0.40	$	1,299		$	0.32	$	934		$	0.34	$	1,138		$	0.28
% of Sales															54.0	%				53.3	%				46.0	%				46.7	%
CMCC		3,668		1,639		1,839			0.50		893		0.54		1,096			0.30		497			0.30		743			0.20		396			0.24
% of Sales															59.6	%				55.6	%				40.4	%				44.4	%
China		660		747		194			0.29		344				94			0.14		254					100			0.15		90
% of Sales															48.4	%				73.9	%				51.6	%				26.1	%
Carbon Prod		7,096		6,489	$	4,066		$	0.57	$	3,673	$	0.57	$	2,289		$	0.32	$	2,050		$	0.32	$	1,777		$	0.25	$	1,623		$	0.25
% of Sales															56.3	%									43.7	%
Other		—		53		(14	)				39		0.73		283					66			1.25		(297	)				(28	)		(0.52	)
% of Sales															-2010.8	%				171.3	%				2110.8	%				-71.3	%
Total Carbon		7,096		6,542	$	4,052		$	0.57	$	3,712	$	0.57	$	2,572		$	0.36	$	2,116		$	0.32	$	1,480		$	0.21	$	1,596		$	0.24
% of Sales															63.5	%				57.0	%				36.5	%				43.0	%

	Current Quarter											Profit Plan
Carbon Breakdown
	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
Acid Washed		265	$	280	$	118	$	162		57.8	%		210	$	188	$	91	$	97		51.6	%
$ per lb			$	1.05	$	0.45	$	0.61						$	0.89	$	0.43	$	0.46
Fine Mesh		—		—		—		—					0		—		—		—
$ per lb															—		—		—
Impregnated		66		224		137		87		38.9	%		11		17		9		9		50.0	%
$ per lb				3.41		2.08		1.33							1.56		0.78		0.78
Prime		4,734		2,663		1,428		1,235		46.4	%		4,878		2,199		1,277		923		42.0	%
$ per lb				0.56		0.30		0.26							0.45		0.26		0.19
Powder		443		50		37		13		26.0	%		15		21		10		11		52.3	%
$ per lb				0.11		0.08		0.03							1.33		0.64		0.70
React		46		24		14		10		43.0	%		80		34		17		17		50.0	%
$ per lb				0.52		0.30		0.23							0.43		0.22		0.22
CCC Prod		5,553	$	3,240	$	1,733	$	1,507		46.5	%		5,194	$	2,459	$	1,403	$	1,056		42.9	%
$ per lb				0.58		0.31		0.27							0.47		0.27		0.20
Coconut		891		532		392		141		26.4	%		701		1,014		518		496		48.9	%
$ per lb				0.60		0.44		0.16							1.45		0.74		0.71
Outsourced		651		293		164		129		44.1	%		593		198		127		70		35.6	%
$ per lb				0.45		0.25		0.20							0.33		0.21		0.12
New Products		—		—		—		—					1		3		2		1		38.2	%
$ per lb															4.59		2.84		1.75
Non-CCC Prd		1,543	$	825	$	556	$	270		32.7	%		1,295	$	1,214	$	647	$	567		46.7	%
$ per lb				0.54		0.36		0.17							0.94		0.50		0.44
Tot Carbon		7,095	$	4,066	$	2,289	$	1,777		43.7	%		6,489	$	3,673	$	2,050	$	1,623		44.2	%
$ per lb			$	0.57	$	0.32	$	0.25						$	0.57	$	0.32	$	0.25

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	3,712		$	2,116		$	1,596			43.0	%
Product Price/Mix		(525	)		(206	)		(318	)		-2.9	%
Product Volume		917			445			472			1.7	%
Freight		—			—			—			0.0	%
Misc. Service		(39	)		(20	)		(19	)		-0.1	%
Export Fees		—			—			—			0.0	%
China VAT		—			—			—			0.0	%
CMCC Profit in Inv		—			291			(291	)		-7.8	%
Smoothing		—			(46	)		46			1.2	%
Other		(14	)		(8	)		(6	)		0.0	%
Combined acretion/dilution		—			—			—			1.4	%
4Q 2005	$	4,052		$	2,572		$	1,480			36.5	%

	Capitalized Variance - Exp / (Inc) *included in America’s P/L
	CQ		PP		PY			NQ		NQ PP
PPV	$	90	$	—	$	272		$	27	$	78
Mfg		35		—		(31	)		47		46
Inventory		13		—		5			15		11
Carbon	$	138	$	—	$	247		$	89	$	134

Freight	CQ		PP		PY		Apr-05		Mar-05
Expense	$	—	$	—	$	—	$	—	$	—
$ per lb	$	—	$	—	$	—

Regions	Sales		%/plan			PGM $		%/plan			PGM %
Asia	$	2,040		83	%	$	942		83	%		46.2	%
CMCC		1,845		205	%		452		136	%		24.5	%
China		166		48	%		86		65	%		51.9	%
Reg. Totals	$	4,052		109	%	$	1,480		93	%		36.5	%

	Current Quarter						Profit Plan
“Other” Breakdown
	Sales			COS			Sales		COS
Freight	$	—		$	—		$	—	$	—
Misc. Service		—			—			39		20
Cap Var		—			—			—		—
Field Serv.		—			—			—		—
Export Fees		—			—			—		—
China VAT		—			—			—		—
CMCC PII		—			291			—		—
Smoothing		—			—			—		46
Misc. Other		(14	)		(8	)		—		0
Total Other	$	(14	)	$	283		$	39	$	66

	Product Price Mix									Product Volume
Product Group P/V Analysis
	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed	$	42		$	3		$	39		$	50		$	24		$	26
Fine Mesh		—			—			—			—			—			—
Impregnated		122			86			36			85			43			43
Prime		529			189			340			(65	)		(38	)		(27	)
Powder		(541	)		(245	)		(296	)		571			272			299
React		4			4			0			(15	)		(7	)		(7	)
Coconut		(757	)		(267	)		(490	)		275			140			135
Outsourced		76			24			52			19			13			7
New Products		—			—			—			(3	)		(2	)		(1	)
P/V Totals	$	(525	)	$	(206	)	$	(318	)	$	917		$	445		$	472

	Current Quarter
Top 10 Customers
	Pounds			Sales			COS			PGM $			PGM %
1    CMCC		3,668		$	1,839		$	1,096		$	743			40.4	%
2    Mampan Jitu		299			379			221			158			41.7	%
3    Wel Han Environ		614			250			158			93			37.0	%
4    Connell Bros.		228			182			89			93			51.3	%
5    HK Kaigang		176			122			84			38			31.2	%
6    Filtrona		110			120			73			47			39.2	%
7    Microfilter		80			88			20			68			77.7	%
8    PT Penta		117			82			36			47			56.6	%
9    Asia Pac Spclty		82			67			28			39			57.6	%
10 Samjin		47			53			25			28			52.7	%
Carbon		5,422		$	3,183		$	1,830		$	1,353			42.5	%
% of Total		76.4	%		78.6	%		71.1	%		91.5	%

	Type		% of plan			Current Quarter
Top 10 Products
						Pounds			Sales			per/lb		COS			per/lb		PGM $			PGM %
1    F400 CD		PR		154	%		2,236		$	997		$	0.45	$	626		$	0.28	$	371			37.2	%
2    S-TL 8x20		PR		0 plan			495			310			0.63		174			0.35		136			43.9	%
3    Cal 12x40		PR		376	%		343			281			0.82		108			0.31		173			61.6	%
4   Cane Cal 12x40		PR		68	%		321			242			0.76		125			0.39		117			48.3	%
5    HGR-LH		IM		0 plan			63			211			3.35		132			2.10		79			37.3	%
6   CPG LF 12x40		AW		98	%		165			176			1.07		81			0.49		95			53.9	%
7    Cal CA 12x40		PR		0 plan			198			141			0.71		65			0.33		76			53.6	%
8    SGL 8x30		PR		92	%		170			133			0.78		52			0.31		80			60.6	%
9    F400 D		PR		18	%		329			132			0.40		87			0.26		46			34.5	%
10 SC2 - C		CO		100	%		176			122			0.69		84			0.48		38			31.2	%
Carbon							4,496		$	2,745		$	0.61	$	1,535		$	0.34	$	1,211			44.1	%
% of Total							63.4	%		67.8	%				59.7	%				81.8	%

Attachment A

Calgon Carbon Corporation (CCC) - Asia Carbon Sub-segment
December 2005 - Year-to-Date

	Pounds				Sales								COS										PGM
Profit Metrics
	YTD		PP		YTD $		$ / lb		Plan $		$ / lb		YTD $			$ / lb		Plan $			$ / lb		YTD $			$ / lb		Plan $			$ / lb
Asia		5,437		6,860	$	8,250	$	1.52	$	8,433	$	1.23	$	4,377		$	0.81	$	4,074		$	0.59	$	3,873		$	0.71	$	4,359		$	0.64
% of Sales														53.1	%				48.3	%				46.9	%				51.7	%
CMCC		4,818		3,845		4,437		0.92		4,825		1.26		2,613			0.54		2,675			0.70		1,824			0.38		2,151			0.56
% of Sales														58.9	%				55.4	%				41.1	%				44.6	%
China		1,086		1,068		568		0.52		724				362			0.33		456					205			0.19		268
% of Sales														63.8	%				63.0	%				36.2	%				37.0	%
Carbon Prod		11,341		11,772	$	13,255	$	1.17	$	13,983	$	1.19	$	7,352		$	0.65	$	7,205		$	0.61	$	5,903		$	0.52	$	6,778		$	0.58
% of Sales														55.5	%									44.5	%
Other		—		106		17				184		1.73		166					27			0.25		(149	)				157			1.48
% of Sales														964.0	%				14.6	%				-864.0	%				85.4	%
Total Carbon		11,341		11,878	$	13,272	$	1.17	$	14,166	$	1.19	$	7,519		$	0.66	$	7,232		$	0.61	$	5,753		$	0.51	$	6,935		$	0.58
% of Sales														56.7	%				51.0	%				43.3	%				49.0	%

	December YTD											Profit Plan
Carbon Breakdown	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
Acid Washed		975	$	1,009	$	484	$	524		52.0	%		1,049	$	972	$	456	$	515		53.0	%
$per lb			$	1.04	$	0.50	$	0.54						$	0.93	$	0.44	$	0.49
Fine Mesh		84		78		43		35		44.4	%		0		—		—		—
$per lb				0.93		0.52		0.41							—		—		—
Impregnated		292		1,018		388		630		61.9	%		178		517		228		289		55.8	%
$per lb				3.49		1.33		2.16							2.90		1.28		1.62
Prime		11,371		6,524		3,412		3,111		47.7	%		15,499		8,228		4,296		3,933		47.8	%
$per lb				0.57		0.30		0.27							0.53		0.28		0.25
Powder		1,632		222		156		67		30.0	%		157		92		45		48		51.7	%
$per lb				0.14		0.10		0.04							0.59		0.28		0.30
React		168		87		50		38		43.0	%		360		166		83		83		50.0	%
$per lb				0.52		0.30		0.22							0.46		0.23		0.23
CCC Prod		14,521	$	8,938	$	4,533	$	4,405		49.3	%		17,243	$	9,975	$	5,108	$	4,867		48.8	%
$per lb				0.62		0.31		0.30							0.58		0.30		0.28
Coconut		4,003		3,282		2,190		1,076		32.9	%		2,491		3,125		1,606		1,518		48.6	%
$per lb				0.82		0.55		0.27							1.25		0.64		0.61
Outsourced		2,569		1,052		629		422		40.2	%		2,338		872		484		388		44.5	%
$per lb				0.41		0.24		0.16							0.37		0.21		0.17
New Products		—		—		—		—					2		11		7		4		38.2	%
$per lb															4.59		2.84		1.75
Non-CCC Prd		6,572	$	4,317	$	2,819	$	1,498		34.7	%		4,831	$	4,008	$	2,097	$	1,911		47.7	%
$per lb				0.66		0.43		0.23							0.83		0.43		0.40
Tot Carbon		21,094	$	13,272	$	7,352	$	5,903		44.5	%		22,074	$	13,983	$	7,205	$	6,778		48.5	%
$per lb			$	0.63	$	0.35	$	0.28						$	0.63	$	0.33	$	0.31

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	14,166		$	7,232		$	6,935			49.0	%
%
Product Price/Mix		(872	)		(126	)		(746	)		-2.4	%
Product Volume		208			67			120			0.1	%
Freight		—			—			—			0.0	%
Misc. Service		(77	)		(40	)		(37	)		0.0	%
Export Fees		—			—			—			0.0	%
China VAT		—			—			—			0.0	%
CMCC Profit in Inv		—			248			(248	)		-1.8	%
Smoothing		—			(12	)		12			0.1	%
Other		(152	)		130			(282	)		-1.5	%
Combined acretion/dilution		—			—			—			-0.2	%
December YTD 2005	$	13,272		$	7,518		$	5,763			43.3	%

	Capitalized Vairance – Exp/(Inc) * Included in America’s P/L
	YTD		PP		PY			2005 Bal		2006 Bal
PPV	$	154	$	—	$	527				$	16
Mfg		118	$	—		(65	)				61
Inventory		25		—		13					15
Carbon	$	297	$	—	$	476		$	—	$	93

Regions	Sales		% / plan			PGM $		% / plan			PGM %
Asia	$	8,287		96	%	$	3,893		88	%		47.0	%
CMCC		4,444		92	%		1,663		77	%		37.4	%
China		542		75	%		207		64	%		38.3	%
Reg. Totals	$	13,272		94	%	$	5,753		83	%		43.3	%

	December YTD					Profit Plan
“Other” Breakdown
	Sales		COS			Sales		COS
Freight	$	—	$	—		$	—	$	—
Misc. Service		—		—			77		40
Cap Var		—		—			—		—
Field Serv.		—		—			—		—
Export Fees		—		—			—		—
China VAT		—		—			—		—
CMCC PII		—		248			—		—
Smoothing		—		—			—		12
Misc. Other		17		(82	)		108		(26	)
Total Other	$	17	$	166		$	184	$	27

	Product Price Mix									Product Volume
Product Group P/V Analysis	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed	$	35		$	26		$	9		$	2		$	1		$	1
Fine Mesh		2			0			2			—			—			—
Impregnated		36			52			(16	)		(135	)		(61	)		(74	)
Prime		466			223			244			(776	)		(423	)		(353	)
Powder		(340	)		(158	)		(182	)		371			189			182
React		15			11			4			(21	)		(10	)		(10	)
Coconut		(1,143	)		(354	)		(789	)		769			393			376
Outsourced		56			74			(18	)		4			2			2
New Products		—			—			—			(5	)		(3	)		(2	)
P/V Totals	$	(872	)	$	(126	)	$	(746	)	$	208		$	87		$	120

Attachment A

Calgon Carbon Corporation (CCC) - Asia Carbon Sub-segment
December 2005 - Quarterly (compared to 2004)

	Pounds				Sales									COS										PGM
Profit Metrics
	CM		4Q ‘04		CM $			$ / lb		4Q ‘04		$ / lb		CM $			$ / lb		4Q ‘04			$ / lb		CM $			$ / lb		4Q ‘04			$ / lb
Asia		2,767		2,143	$	2,033		$	0.73	$	1,201	$	0.56	$	1,098		$	0.40	$	639		$	0.30	$	934		$	0.34	$	561		$	0.26
% of Sales															54.0	%				53.2	%				46.0	%				46.8	%
CMCC		3,668		3,267		1,839			0.50		2,031		0.62		1,096			0.30		1,165			0.36		743			0.20		865			0.26
% of Sales															59.6	%				57.4	%				40.4	%				42.6	%
China		660		241		194			0.29		73				94			0.14		29					100			0.15		43
% of Sales															48.4	%				40.3	%				51.6	%				59.7	%
Carbon Prod		7,096		5,651	$	4,066		$	0.57	$	3,304	$	0.58	$	2,289		$	0.32	$	1,834		$	0.32	$	1,777		$	0.25	$	1,470		$	0.26
% of Sales															56.3	%									43.7	%
Other		—		—		(14	)				—				283					(12	)				(297	)				12
% of Sales															-2010.8	%									2110.8	%
Total Carbon		7,096		5,651	$	4,052		$	0.57	$	3,304	$	0.58	$	2,572		$	0.36	$	1,822		$	0.32	$	1,480		$	0.21	$	1,482		$	0.26
% of Sales															63.5	%				55.1	%				36.5	%				44.9	%

	Current Quarter											4Q 2004
Carbon Breakdown
	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $			PGM %
Acid Washed		265	$	280	$	118	$	162		57.8	%		137	$	91	$	42	$	49			53.5	%
$ per lb			$	1.05	$	0.45	$	0.61						$	0.66	$	0.31	$	0.36
Fine Mesh		—		—		—		—					1		—		1		(1	)
$ per lb															—		0.60		(0.60	)
Impregnated		66		224		137		87		38.9	%		8		45		21		24			52.9	%
$ per lb				3.41		2.08		1.33							5.28		2.48		2.79
Prime		4,734		2,663		1,428		1,235		46.4	%		4,239		2,505		1,372		1,133			45.2	%
$ per lb				0.56		0.30		0.26							0.59		0.32		0.27
Powder		443		50		37		13		26.0	%		31		20		7		13			65.2	%
$ per lb				0.11		0.08		0.03							0.64		0.22		0.42
React		46		24		14		10		43.0	%		40		21		12		9			43.3	%
$ per lb				0.52		0.30		0.23							0.52		0.30		0.23
CCC Prod		5,553	$	3,240	$	1,733	$	1,507		46.5	%		4,457	$	2,681	$	1,454	$	1,227			45.8	%
$ per lb				0.58		0.31		0.27							0.60		0.33		0.28
Coconut		891		532		392		141		26.4	%		535		371		220		150			40.6	%
$ per lb				0.60		0.44		0.16							0.69		0.41		0.28
Outsourced		651		293		164		129		44.1	%		659		252		159		93			36.8	%
$ per lb				0.45		0.25		0.20							0.38		0.24		0.14
New Products		—		—		—		—					0		—		—		—
$ per lb															—		—		—
Non-CCC Prd		1,543	$	825	$	556	$	270		32.7	%		1,194	$	622	$	379	$	243			39.1	%
$ per lb				0.54		0.36		0.17							0.52		0.32		0.20
Tot Carbon		7,095	$	4,066	$	2,289	$	1,777		43.7	%		5,651	$	3,304	$	1,834	$	1,470			44.5	%
$ per lb			$	0.57	$	0.32	$	0.25						$	0.58	$	0.32		0.26

PGM Recon	Sales			COS			PGM $			PGM %
4Q 2004	$	3,304		$	1,822		$	1,482			44.9	%
Product Price/Mix		(426	)		(124	)		(302	)		-3.9	%
Product Volume		1,188			579			609			1.7	%
Freight		—			—			—			0.0	%
Misc. Service		—			—			—			0.0	%
Export Fees		—			—			—			0.0	%
China VAT		—			—			—			0.0	%
CMCC Profit in Inv		—			300			(300	)		-9.1	%
Smoothing		—			—			—			0.0	%
Other		(14	)		(5	)		(9	)		-0.1	%
Combined acretion/dilution		—			—			—			3.0	%
4Q 2005	$	4,052		$	2,572		$	1,480			36.5	%

	Capitalized Variance - Exp / (Inc) *included in America’s P/L
	4Q ‘05		4Q ‘05 PP		4Q ‘04			NQ		NQ PP
PPV	$	90	$	—	$	272
Mfg		35		—		(31	)
Inventory		13		—		5
Carbon	$	138	$	—	$	247		$	—	$	—

Freight	CQ		PP		PY		Apr-05		Mar-05
Expense	$	—	$	—	$	—	$	—	$	—
$ per lb	$	—	$	—	$	—

Regions	Sales		%/‘04			PGM $		%/‘04			PGM %
Asia	$	2,040		170	%	$	942		169	%		46.2	%
CMCC		1,845		91	%		452		52	%		24.5	%
China		166		229	%		86		175	%		51.9	%
Reg. Totals	$	4,052		123	%	$	1,480		100	%		36.5	%

	Current Quarter						4Q 2004
“Other” Breakdown
	Sales			COS			Sales		COS
Freight	$	—		$	—		$	—	$	—
Misc. Service		—			—			—		—
Cap Var		—			—			—		—
Field Serv.		—			—			—		—
Export Fees		—			—			—		—
China VAT		—			—			—		—
CMCC PII		—			291			—		(9	)
Smoothing		—			—			—		—
Misc. Other		(14	)		(8	)		—		(3	)
Total Other	$	(14	)	$	283		$	—	$	(12	)

	Product Price Mix									Product Volume
Product Group P/V Analysis
	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed	$	103		$	36		$	67		$	85		$	39		$	46
Fine Mesh		—			—			—			—			(1	)		1
Impregnated		(122	)		(26	)		(96	)		302			142			160
Prime		(134	)		(104	)		(30	)		292			160			132
Powder		(232	)		(61	)		(171	)		262			91			171
React		0			0			(0	)		3			2			1
Coconut		(85	)		25			(110	)		247			147			100
Outsourced		44			7			38			(3	)		(2	)		(1	)
New Products		—			—			—			—			—			—
P/V Totals	$	(426	)	$	(124	)	$	(302	)	$	1,188		$	579		$	609

	Current Quarter
Top 10 Customers
	Pounds			Sales			COS			PGM $			PGM %
1    CMCC		3,246		$	1,918		$	1,117		$	801			41.8	%
2    Connell Bros.		200			151			91			60			39.7	%
3    Kondoh		22			112			48			64			56.9	%
4    HK Kaigang		141			98			64			34			34.7	%
5    Aquatec		243			93			60			33			35.7	%
6    Kaneka		80			87			35			52			59.8	%
7    Samjin		76			83			33			50			59.7	%
8   Asia Pac Spclty		93			80			39			41			51.9	%
9   Victorias Milling		88			77			35			42			54.7	%
10 Mampan Jitu		77			76			23			53			69.4	%
Carbon		4,265		$	2,776		$	1,545		$	1,231			44.3	%
% of Total		60.1	%		68.5	%		60.1	%		83.2	%

						Current Quarter
Top 10 Products			% of ‘05
	Type					Pounds			Sales			per/lb		COS			per/lb		PGM $			PGM %
1    S-TL 8x20		PR		0 plan			873		$	612		$	0.70	$	427		$	0.49	$	185			30.2	%
2    F400 CD		PR		60	%		1,266			597			0.47		315			0.25		282			47.3	%
3   Cane Cal 12x40		PR		119	%		391			288			0.74		159			0.41		129			44.9	%
4    F400 OSC		PR		0 plan			397			262			0.66		132			0.33		130			49.5	%
5    F400 OS		PR		0 plan			397			250			0.63		124			0.31		126			50.5	%
6    787-I3 8 x 16		CO		0 plan			22			112			5.20		48			2.24		64			56.9	%
7    SC2 - C		CO		80	%		141			98			0.69		62			0.44		36			37.1	%
8    Carbsorb 25 AW		OU		0 plan			243			93			0.38		60			0.25		33			35.7	%
9   CPG LF 12x40		AW		52	%		137			91			0.66		42			0.31		49			53.5	%
10 CAL 12 x 40		PR		31	%		101			88			0.87		34			0.33		54			61.5	%
Carbon							3,967		$	2,491		$	0.63	$	1,402		$	0.35	$	1,088			43.7	%
% of Total							55.9	%		61.5	%				54.5	%				73.6	%

Attachment A

Calgon Carbon Corporation (CCC) - Americas Carbon Sub-segment
December 2005 - Monthly

	Pounds				Sales								COS										PGM
Profit Metrics
	CM		PP		CM $		$ / lb		Plan $		$ / lb		CM $			$ / lb		Plan $			$ / lb		CM $			$ / lb		Plan $			$ / lb
Carbon		7,259		5,625	$	6,694	$	0.92	$	4,742	$	0.84	$	3,818		$	0.53	$	2,694		$	0.48	$	2,876		$	0.40	$	2,047		$	0.36
														57.0	%				56.8	%				43.0	%				43.2	%
Odor		8		27		13		1.49		33		1.23		6			0.69		11			0.39		7			0.80		23			0.84
														46.4	%				31.6	%				53.6	%				68.4	%
SR		51		100		66		1.30		159		1.59		19			0.37		33			0.33		47			0.93		126
														28.5	%				20.9	%				71.5	%				79.1	%
Carbon		7,318		5,752	$	6,772	$	0.93	$	4,934	$	0.86	$	3,842		$	0.53	$	2,738		$	0.48	$	2,929		$	0.40	$	2,196		$	0.38
														56.7	%									43.3	%
Other		17		88		192		11.55		568		6.43		1,696			102.17		657			7.44		(1,505	)				(89	)		(1.00	)
														884.9	%				115.6	%				-784.9	%				-15.6	%
Carbon		7,335		5,840	$	6,964	$	0.95	$	5,502	$	0.94	$	5,539		$	0.76	$	3,395		$	0.58	$	1,425		$	0.19	$	2,107		$	0.36
														79.5	%				61.7	%				20.5	%				38.3	%

	Current Month											Profit Plan
Carbon Breakdown
	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
Acid Washed		840	$	667	$	466	$	201		30.1	%		783	$	660	$	435	$	225		34.1	%
$ per lb			$	0.79	$	0.55	$	0.24						$	0.84	$	0.56	$	0.29
Fine Mesh		24		35		15		20		57.1	%		17		30		11		19		64.2	%
$ per lb				1.46		0.63		0.83							1.75		0.63		1.13
Impregnated		234		1,333		625		707		53.1	%		183		1,131		493		638		56.4	%
$ per lb				5.69		2.67		3.02							6.19		2.70		3.49
Prime		2,083		1,682		842		840		49.9	%		932		676		350		326		48.2	%
$ per lb				0.81		0.40		0.40							0.72		0.38		0.35
Powder		484		321		141		180		56.2	%		539		257		135		122		47.4	%
$ per lb				0.66		0.29		0.37							0.48		0.25		0.23
React		737		273		181		92		33.6	%		1,276		383		240		143		37.3	%
$ per lb				0.37		0.25		0.12							0.30		0.19		0.11
CCC Prod		4,402	$	4,310	$	2,271	$	2,039		47.3	%		3,730	$	3,137	$	1,665	$	1,472		46.9	%
$ per lb				0.98		0.52		0.46							0.84		0.45		0.39
Coconut		1,542		1,699		1,079		620		36.5	%		1,306		1,211		778		432		35.7	%
$ per lb				1.10		0.70		0.40							0.93		0.60		0.33
Outsourced		1,374		763		492		270		35.4	%		699		537		265		272		50.7	%
$ per lb				0.55		0.36		0.20							0.77		0.38		0.39
New Products		0		—		—		—					16		50		31		19		38.2	%
$ per lb				—		—		—							3.14		1.94		1.20
Non-CCC Prd		2,916	$	2,462	$	1,572	$	890		36.2	%		2,022	$	1,797	$	1,073	$	724		40.3	%
$ per lb				0.84		0.54		0.31							0.89		0.53		0.36
Tot Carbon		7,318	$	6,772	$	3,842	$	2,929		43.3	%		5,752	$	4,934	$	2,738	$	2,196		44.5	%
$ per lb			$	0.93	$	0.53	$	0.40						$	0.86	$	0.48	$	0.38

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	5,502		$	3,395		$	2,107			38.3	%
Product Price/Mix		3			243			(240	)		-4.4	%
Product Volume		1,813			880			933			3.3	%
Solv Rec & Odor		(114	)		(19	)		(95	)		-0.9	%
Freight		12			146			(134	)		-2.5	%
Media		(131	)		(135	)		4			1.0	%
Cap variance					350			(350	)		-6.4	%
Field Serv.		—			—			—			0.0	%
Export Fees		—			(4	)		4			0.1	%
Inv Writedown		—			549			(549	)		-10.0	%
China VAT		—			22			(22	)		-0.4	%
CMCC PII		—			25			(25	)		-0.5	%
Smoothing		—			(74	)		74			1.4	%
Other		(121	)		161			(282	)		-4.4	%
Combined acretion/dilution		—			—			—			5.9	%
December 2005	$	6,964		$	5,539		$	1,425			20.5	%

	Capitalized Variance - Exp / (Inc)
	CM		PP			PY			NM		NM PP
PPV	$	3	$	(5	)	$	180		$	92	$	6
Mfg		197		—			(90	)		118		151
Inventory		159		13			(4	)		195		204
Carbon	$	358	$	8		$	87		$	405	$	361

Freight	CM		PP		PY		Nov-05		Oct-05
Expense	$	305	$	159	$	487	$	371	$	441
$per lb	$	0.042	$	0.027	$	0.057	$	0.051	$	0.057

	Current Month								Profit Plan
“Other” Breakdown
	Sales			COS		PGM %			Sales		COS			PGM %
Carbon Product Margins							43.3	%							44.5	%
Freight	$	12		$	305		-4.4	%	$	—	$	159			-3.2	%
Media		196			151		-0.6	%		327		286			-2.0	%
Price		—			—		0.0	%		135		—			1.5	%
Cap Var					358		-5.3	%				8			-0.2	%
Field Serv.					—		0.0	%				—			0.0	%
Export Fees					87		-1.3	%				91			-1.8	%
Inv Writedown					549		-8.1	%				—			0.0	%
China VAT					22		-0.3	%				—			0.0	%
CMCC PII							0.0	%				(25	)		0.5	%
Smoothing					—		0.0	%		5		74			-1.5	%
Misc. Other		(16	)		223		-2.8	%		101		63			0.5	%
Total Other	$	192		$	1,696		-22.8	%	$	568	$	657			-6.2	%
Total Carbon Margins							20.5	%							38.3	%

	Product Price Mix									Product Volume
Product Group P/V Analysis
	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed		(42	)		(1	)		(41	)		49			32			17
Fine Mesh		(7	)		(0	)		(7	)		12			4			7
Impregnated		(117	)		(7	)		(110	)		319			139			180
Prime		172			60			112			834			432			402
Powder		90			19			71			(26	)		(14	)		(12	)
React		52			43			9			(162	)		(102	)		(60	)
Coconut		271			161			110			218			140			78
Outsourced		(293	)		(28	)		(265	)		518			255			263
New Products		—			—			—			(50	)		(31	)		(19	)
P/V Totals	$	126		$	247		$	(121	)	$	1,712		$	857			855

	Current Month
Top 10 Customers
	Pounds			Sales			COS			PGM $			PGM %
1    Brenntag		509		$	575		$	293		$	282			49.1	%
2    Hunter Ctg		420			541			246			295			54.6	%
3    Hunter Mfg.		59			466			184			282			60.5	%
4    ADM		426			400			232			168			41.9	%
5   Archer Western		566			306			204			101			33.1	%
6    Air Products		530			240			155			85			35.4	%
7    CUNO		206			238			232			6			2.5	%
8    Filtrona		284			227			158			69			30.4	%
9    Amer Carbon		320			164			92			72			43.9	%
10 Mine Safety		29			164			99			65			39.8	%
Carbon		3,347		$	3,322		$	1,896		$	1,426			42.9	%
% of Total		45.6	%		47.7	%		34.2	%		100.1	%

	Current Month
Top 10 Products
	Type		% of plan			Pounds			Sales			per/lb		COS			per/lb		PGM $			PGM %
1    F820		PR		1891	%		460		$	563		$	1.22	$	259		$	0.56	$	304			54.0	%
2    ASZM-TEDA		IM		70	%		64			500			7.84		198			3.11		302			60.4	%
3    F816		PR		32406	%		570			308			0.54		204			0.36		104			33.8	%
4    PMTC 20x70		CO		163	%		330			273			0.83		195			0.59		78			28.5	%
5    URC 12x30		IM		129	%		49			262			5.37		164			3.35		99			37.6	%
6    AP2-45-2		OU		0 plan			528			239			0.45		154			0.29		84			35.3	%
7   CPG LF 12x40		AW		103	%		311			235			0.75		151			0.49		84			35.6	%
8   CPG LFD 8x30		AW		166	%		320			230			0.72		162			0.51		68			29.6	%
9    GRC-22		CO		0 plan			265			224			0.84		151			0.57		73			32.6	%
10 ATS Media		MD		53	%		17			173			10.17		151			8.87		22			12.8	%
Carbon							2,913		$	3,006		$	1.03	$	1,789		$	0.61	$	1,218			40.5	%
% of Total							39.8	%		43.2	%				32.3	%				85.5	%

Cust Value	Cust		Sales			PGM $			PGM %
>100k		15	$	3,919		$	1,606			41.0	%
>25-100k		44		2,195			927			42.2	%
>5-25k		63		779			424			54.4	%
>0-5k		146		200			131			65.3	%
0 or less		60		(114	)		(94	)		82.2	%
No-sold-to		n/a		(15	)		(1,569	)		10534.0	%

Attachment A

Calgon Carbon Corporation (CCC) - Americas Carbon Sub-segment
December 2005 - Quarterly

	Pounds				Sales								COS										PGM
Profit Metrics
	CQ		PP		CQ $		$ / lb		Plan $		$ / lb		CQ $			$ / lb		Plan $			$ / lb		CQ $			$ / lb		Plan $			$ / lb
Carbon		22,138		25,322	$	19,821	$	0.90	$	16,968	$	0.67	$	11,340		$	0.51	$	9,660		$	0.38	$	8,481		$	0.38	$	7,308		$	0.29
														57.2	%				56.9	%				42.8	%				43.1	%
Odor		35		81		80		2.28		100		1.23		22			0.62		32			0.39		59			1.66		68			0.84
														27.2	%				31.6	%				72.8	%				68.4	%
SR		53		300		72		1.36		477		1.59		23			0.44		100			0.33		49			0.92		377
														32.1	%				20.9	%				67.9	%				79.1	%
Carbon		22,227		25,703	$	19,974	$	0.90	$	17,545	$	0.68	$	11,385		$	0.51	$	9,791		$	0.38	$	8,588		$	0.39	$	7,754		$	0.30
														57.0	%				55.8	%				43.0	%				44.2	%
Other		31		302		506		16.07		1,705		5.65		3,126			99.35		2,099			6.96		(2,620	)				(394	)		(1.31	)
														618.3	%				123.1	%				-518.3	%				-23.1	%
Carbon		22,258		26,004	$	20,479	$	0.92	$	19,250	$	0.74	$	14,511		$	0.65	$	11,890		$	0.46	$	5,968		$	0.27	$	7,360		$	0.28
														70.9	%				61.8	%				29.1	%				38.2	%

	Current Quarter											Profit Plan
Carbon Breakdown
	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
Acid Washed		2,884	$	2,466	$	1,605	$	861		34.9	%		2,741	$	2,249	$	1,515	$	734		32.6	%
$ per lb			$	0.86	$	0.56	$	0.30						$	0.82	$	0.55	$	0.27
Fine Mesh		86		147		57		90		61.4	%		89		153		59		94		61.4	%
$ per lb				1.72		0.66		1.06							1.72		0.66		1.06
Impregnated		704		4,018		1,980		2,038		50.7	%		575		3,513		1,569		1,944		55.3	%
$ per lb				5.71		2.81		2.89							6.11		2.73		3.38
Prime		7,170		4,966		2,537		2,429		48.9	%		4,424		2,988		1,544		1,443		48.3	%
$ per lb				0.69		0.35		0.34							0.68		0.35		0.33
Powder		1,898		1,158		524		634		54.8	%		1,902		917		475		441		48.1	%
$ per lb				0.61		0.28		0.33							0.48		0.25		0.23
React		1,977		745		482		262		35.2	%		5,391		1,584		995		589		37.2	%
$ per lb				0.38		0.24		0.13							0.29		0.18		0.11
CCC Prod		14,719	$	13,500	$	7,186	$	6,314		46.8	%		15,122	$	11,404	$	6,158	$	5,246		46.0	%
$ per lb				0.92		0.49		0.43							0.75		0.41		0.35
Coconut		4,382		4,745		3,076		1,669		35.2	%		4,429		4,134		2,658		1,477		35.7	%
$ per lb				1.08		0.70		0.38							0.93		0.60		0.33
Outsourced		3,125		1,728		1,122		606		35.1	%		2,311		1,858		884		974		52.4	%
$ per lb				0.55		0.36		0.19							0.80		0.38		0.42
New Products		0		—		—		—					47		149		92		57		38.2	%
$ per lb				—		—		—							3.14		1.94		1.20
Non-CCC Prd		7,508	$	6,473	$	4,199	$	2,275		35.1	%		6,787	$	6,141	$	3,633	$	2,508		40.8	%
$ per lb				0.86		0.56		0.30							0.90		0.54		0.37
Tot Carbon		22,227	$	19,974	$	11,385	$	8,588		43.0	%		21,909	$	17,545	$	9,791	$	7,754		44.2	%
$ per lb			$	0.90	$	0.51	$	0.39						$	0.80	$	0.45	$	0.35

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	19,250		$	11,890		$	7,360			38.2	%
Product Price/Mix		(215	)		632			(847	)		-4.0	%
Product Volume		2,662			1,048			1,613			2.7	%
Solv Rec & Odor		(425	)		(86	)		(338	)		-0.9	%
Freight		87			472			(385	)		-2.2	%
Media		(678	)		(554	)		(124	)		0.7	%
Cap variance					825			(825	)		-4.3	%
Field Serv.		—			(86	)		86			0.4	%
Export Fees		—			(21	)		21			0.1	%
Inv Writedown		—			549			(549	)		-2.9	%
China VAT		—			101			(101	)		-0.5	%
CMCC PII		—			46			(46	)		-0.2	%
Smoothing		—			(172	)		172			0.9	%
Other		(202	)		(133	)		(69	)		0.0	%
Combined acretion/dilution		—			—			—			1.0	%
4Q 2005	$	20,479		$	14,511		$	5,968			29.1	%

	Capitalized Variance - Exp / (Inc)
	CQ			PP			PY			1Q ‘06		NQ PP
PPV	$	(177	)	$	(30	)	$	511		$	355	$	39
Mfg		538			—			(207	)		241		321
Inventory		472			39			(5	)		424		(172	)
Carbon	$	834		$	9		$	299		$	1,021	$	188

Freight	CQ		PP		PY		PQ		Dec-05
Expense	$	1,117	$	646	$	1,314	$	928	$	305
$ per lb	$	0.050	$	0.025	$	0.055	$	0.041	$	0.042

	Current Qtr								Profit Plan
“Other” Breakdown
	Sales		COS			PGM %			Sales		COS			PGM %
Carbon Product Margins							43.0	%							44.2	%
Freight	$	87	$	1,117			-5.3	%	$	—	$	646			-3.7	%
Media		302		304			-0.6	%		980		858			-1.7	%
Price		—		—			0.0	%		406		—			1.3	%
Cap Var		—		834			-4.2	%		—		9			-0.1	%
Field Serv.		—		(86	)		0.4	%		—		—			0.0	%
Export Fees		—		252			-1.3	%		—		273			-1.6	%
Inv Writedown		—		549			-2.7	%		—		—			0.0	%
China VAT		—		101			-0.5	%		—		—			0.0	%
CMCC PII		—		—			0.0	%		—		(46	)		0.3	%
Smoothing		—		—			0.0	%		16		172			-0.9	%
Misc. Other		116		54			0.4	%		303		187			0.4	%
Total Other	$	506	$	3,126			-13.9	%	$	1,705	$	2,099			-6.0	%
Total Carbon Margins							29.1	%							38.2	%

	Product Price Mix									Product Volume
Product Group P/V Analysis
	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed		99			11			88			118			79			38
Fine Mesh		(0	)		0			(0	)		(6	)		(2	)		(4	)
Impregnated		(283	)		59			(342	)		788			352			436
Prime		124			35			89			1,854			958			896
Powder		243			49			194			(2	)		(1	)		(1	)
React		164			118			46			(1,003	)		(630	)		(373	)
Coconut		654			447			207			(43	)		(28	)		(15	)
Outsourced		(785	)		(73	)		(712	)		655			312			343
New Products		—			—			—			(149	)		(92	)		(57	)
P/V Totals	$	216		$	645		$	(429	)	$	2,213		$	948		$	1,263

Regions	Sales		% / plan			PGM $			% / plan			PGM %
Can/Lat Am.	$	2,662		94	%	$	1,094			102	%		41.1	%
National		4,240		95	%		1,866			82	%		44.0	%
East		4,688		124	%		1,586			111	%		33.8	%
Central		5,639		118	%		2,038			126	%		36.1	%
South		1,302		136	%		452			90	%		34.7	%
West		1,737		101	%		710			96	%		40.9	%
Mun Pwdr		144		110	%		59			162	%		40.7	%
Other		67		11	%		(1,836	)		582	%		-2757.0	%
Reg. Totals	$	20,479		106	%	$	5,968			81	%		29.1	%

	Current Quarter
Top 10 Customers
	Pounds			Sales			COS			PGM $			PGM %
1      Archer Western		2,706		$	1,461		$	974		$	488			33.4	%
2      Brenntag		1,424			1,338			621			716			53.6	%
3      Hunter Mfg.		140			1,093			429			664			60.7	%
4      Filtrona		1,088			915			633			281			30.8	%
5      ADM		988			816			515			302			37.0	%
6      3M		170			599			410			188			31.5	%
7      CUNO		496			597			530			67			11.3	%
8      Hunter Ctg.		420			541			246			295			54.6	%
9      Mine Safety		87			467			277			190			40.7	%
10    Clack Corp.		606			464			323			141			30.4	%
Carbon		8,125		$	8,290		$	4,957		$	3,333			40.2	%
% of Total		36.5	%		40.5	%		34.2	%		55.8	%

						Current Quarter
Top 10 Products			% of plan
	Type					Pounds			Sales			per/lb		COS			per/lb		PGM $			PGM %
1   ASZM-TEDA		IM		72	%		204		$	1,586		$	7.79	$	632		$	3.10	$	954			60.1	%
2   F816		PR		2042	%		2,717			1,470			0.54		972			0.36		499			33.9	%
3 CPG LF 12x40		AW		139	%		1,415			1,068			0.75		689			0.49		379			35.5	%
4   URC 12x30		IM		170	%		199			985			4.94		662			3.33		322			32.7	%
5   PMTC 20x70		CO		120	%		820			681			0.83		485			0.59		195			28.7	%
6   F820		PR		173	%		470			571			1.22		262			0.56		309			54.1	%
7 CPG LFD 8x30		AW		106	%		762			555			0.73		387			0.51		168			30.2	%
8   WPH- C		OU		0 plan			1,257			405			0.32		363			0.29		41			10.2	%
9   GRC-22		CO		416	%		441			371			0.84		241			0.55		130			35.1	%
10 AP2-45-2		OU		0 plan			684			311			0.46		200			0.29		111			35.6	%
Carbon							8,969		$	8,003		$	0.89	$	4,895		$	0.55	$	3,108			38.8	%
% of Total							40.4	%		39.1	%				33.7	%				52.1	%

Cust Value	Cust		Sales			PGM $			PGM %
>100k		44	$	15,001		$	5,860			39.1	%
>25-100k		70		3,594			1,802			50.1	%
>5-25k		144		1,652			983			59.5	%
>0-5k		325		453			320			70.7	%
0 or less		123		(146	)		(30	)		20.5	%
No-sold-to		n/a		(75	)		(2,966	)		3945.1	%
Total		706	$	20,479		$	5,968			29.1	%

Attachment A

Calgon Carbon Corporation (CCC) - Americas Carbon Sub-segment
December 2005 - YTD

	Pounds				Sales								COS										PGM
Profit
Metrics	CM		PP		CM $		$ / lb		Plan $		$ / lb		CM $			$ / lb		Plan $			$ / lb		CM $			$ / lb		Plan $			$ / lb
Carbon		90,463		94,978	$	78,826	$	0.87	$	75,155	$	0.79	$	45,081		$	0.50	$	42,532		$	0.45	$	33,745		$	0.37	$	32,622		$	0.34
% of Sales														57.2	%				56.6	%				42.8	%				43.4	%
Odor		130		324		246		1.89		400		1.23		82			0.63		126			0.39		164			1.26		274			0.84
% of Sales														33.4	%				31.6	%				66.6	%				68.4	%
SR		131		600		232		1.77		954		1.59		55			0.42		199			0.33		178			1.35		755
% of Sales														23.6	%				20.9	%				76.4	%				79.1	%
Carbon		90,725		95,902	$	79,305	$	0.87	$	76,509	$	0.80	$	45,218		$	0.50	$	42,858		$	0.45	$	34,086		$	0.38	$	33,651		$	0.35
% of Sales														57.0	%				56.0	%				43.0	%				44.0	%
Other		301		795		2,376		7.88		6,806		8.57		10,185			33.80		7,451			9.38		(7,810	)				(644	)		(0.81	)
% of Sales														428.7	%				109.5	%				-328.7	%				-9.5	%
Carbon		91,026		96,697	$	81,681	$	0.90	$	83,315	$	0.86	$	55,404		$	0.61	$	50,309		$	0.52	$	26,277		$	0.29	$	33,006		$	0.34
% of Sales														67.8	%				60.4	%				32.2	%				39.6	%

	December Y-T-D													Profit Plan
Carbon
Breakdown	Pounds		Sales		COS		PGM $		PGM %			Inventory		Pounds		Sales		COS		PGM $		PGM %
Acid Washed		14,532	$	12,317	$	7,838	$	4,480		36.4	%				13,347	$	11,060	$	7,507		3,553		32.1	%
$ per lb			$	0.85	$	0.54	$	0.31				$	—			$	0.83	$	0.56		0.27
Fine Mesh		492		859		307		552		64.3	%				434		734		291		443		60.4	%
$ per lb				1.75		0.62		1.12					—				1.69		0.67		1.02
Impregnated		2,837		16,005		7,768		8,237		51.5	%				2,504		15,141		6,703		8,438		55.7	%
$ per lb				5.64		2.74		2.90					—				6.05		2.68		3.37
Prime		20,481		15,103		7,283		7,820		51.8	%				19,068		14,054		6,722		7,332		52.2	%
$ per lb				0.74		0.36		0.38					—				0.74		0.35		0.38
Powder		10,255		5,254		2,679		2,574		49.0	%				10,497		5,062		2,611		2,451		48.4	%
$ per lb				0.51		0.26		0.25					—				0.48		0.25		0.23
React		13,333		4,493		3,208		1,284		28.6	%				22,594		6,670		4,280		2,390		35.8	%
$ per lb				0.34		0.24		0.10					—				0.30		0.19		0.11
CCC Prod		61,930	$	54,031	$	29,084	$	24,947		46.2	%	$	—		68,445	$	52,722	$	28,114	$	24,608		46.7	%
$ per lb				0.87		0.47		0.40									0.77		0.41		0.36
Coconut		19,380		19,514		12,541		6,972		35.7	%				17,993		16,783		10,812		5,971		35.6	%
$ per lb				1.01		0.65		0.36									0.93		0.60		0.33
Outsourced		9,415		5,760		3,593		2,167		37.6	%				9,276		6,408		3,563		2,844		44.4	%
$ per lb				0.61		0.38		0.23									0.69		0.38		0.31
New Products		0		—		—		—					—		189		596		369		227		38.2	%
$ per lb				—		—		—					—				3.15		1.95		1.20
Non-CCC Prd		28,796	$	25,274	$	16,134	$	9,139		36.2	%	$	—		27,458	$	23,787	$	14,744	$	9,043		38.0	%
$ per lb				0.88		0.56		0.32					—				0.87		0.54		0.33
Tot Carbon		90,726	$	79,305	$	45,218	$	34,086		43.0	%	$	—		95,903	$	76,509	$	42,858	$	33,651		44.0	%
$ per lb			$	0.87	$	0.50	$	0.38				$	—			$	0.80	$	0.45	$	0.35

PGM Recon	Sales			COS			PGM $			PGM %
Profit Plan	$	83,315		$	50,309		$	33,006			39.6	%
Product Price/Mix		(1,016	)		1,519			(2,535	)		-2.6	%
Product Volume		3,061			1,029			2,032			0.9	%
Solv Rec & Odor		(875	)		(188	)		(686	)		-0.4	%
Freight		304			671			(367	)		-0.6	%
Media		(2,316	)		(1,914	)		(403	)		0.6	%
Cap variance					2,658			(2,658	)		-3.2	%
Field Serv.		—			564			(564	)		-0.7	%
Export Fees		—			(57	)		57			0.1	%
Inv Writedown		—			549			(549	)		-0.7	%
China VAT		—			319			(319	)		-0.4	%
CMCC PII		—			27			(27	)		0.0	%
Smoothing		—			7			(7	)		0.0	%
Other		(792	)		(89	)		(703	)		-0.5	%
Combined acretion/dilution		—			—			—			-0.1	%
December YTD 2005	$	81,681		$	55,404		$	26,277			32.2	%

	Capitalized Variance - Exp / (Inc)
	Dec Y-T-D			PP			PY			‘04 in ‘05			2006 BAL
PPV	$	1,288		$	42		$	780		$	407		$	405
Mfg		959			(155	)		(55	)		(177	)		280
Inventory		(307	)		(605	)		(186	)		1			489
Carbon	$	1,940		$	(718	)	$	540		$	232		$	1,173

Freight	YTD		PP		PY		CQ		Nov-05
Expense	$	3,601	$	2,930	$	3,854	$	1,117	$	371
$ per lb	$	0.040	$	0.030	$	0.044	$	0.050	$	0.057

	December YTD							Profit Plan
“Other” Breakdown
	Sales		COS		PGM %			Sales			COS			PGM %
Carbon Product Margins						43.0	%								44.0	%
Freight	$	341	$	3,601		-4.3	%	$	37		$	2,930			-3.8	%
Media		1,604		1,458		-0.7	%		3,920			3,372			-1.5	%
Price		—		—		0.0	%		1,626			—			1.2	%
Cap Var		—		1,940		-2.4	%		—			(726	)		0.9	%
Field Serv.		—		564		-0.7	%		—			—			0.0	%
Export Fees		—		1,036		-1.3	%		—			1,093			-1.4	%
Inv Writedown		—		549		-0.7	%		—			—			0.0	%
China VAT		—		319		-0.4	%		—			—			0.0	%
CMCC PII		—		—		0.0	%		—			(27	)		0.0	%
Smoothing		—		—		0.0	%		(0	)		(7	)		0.0	%
Misc. Other		431		718		-0.3	%		1,223			815			0.2	%
Total Other	$	2,376	$	10,185		-10.8	%	$	6,806		$	7,451			-4.4	%
Total Carbon Margins						32.2	%								39.6	%

	Product Price Mix									Product Volume
Product Group P/V Analysis
	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed	$	275		$	(336	)		611		$	982		$	666			315
Fine Mesh		29			(22	)		51			97			38			59
Impregnated		(1,149	)		174			(1,324	)		2,013			891			1,122
Prime		7			63			(56	)		1,041			498			543
Powder		308			129			180			(117	)		(60	)		(57	)
React		557			682			(126	)		(2,734	)		(1,755	)		(980	)
Coconut		1,436			895			541			1,294			834			461
Outsourced		(744	)		(24	)		(720	)		96			54			43
New Products		—			—			—			(596	)		(369	)		(227	)
P/V Totals	$	719		$	1,562		$	(843	)	$	2,077		$	798		$	1,279

Regions	Sales		% / plan			PGM $			% / plan			PGM %
Can/Lat Am.	$	11,034		104	%	$	4,420			104	%		40.1	%
National		18,636		101	%		8,187			87	%		43.9	%
East		16,028		91	%		6,112			89	%		38.1	%
Central		22,587		100	%		7,373			94	%		32.6	%
South		6,221		137	%		2,458			107	%		39.5	%
West		5,618		80	%		2,309			76	%		41.1	%
Mun Pwdr		1,075		98	%		368			101	%		34.2	%
Other		480		35	%		(4,950	)		425	%		-1030.4	%
Reg. Totals	$	81,681		98	%	$	26,277			80	%		32.2	%

	December YTD
Top 10 Customers
	Pounds			Sales			COS			PGM $			PGM %
1   Brenntag		5,496		$	4,524		$	2,207		$	2,317			51.2	%
2   Filtrona		4,930			4,140			2,859			1,280			30.9	%
3   ADM		5,127			3,860			2,681			1,179			30.5	%
4   3M		898			3,776			2,212			1,565			41.4	%
5   Hunter Mfg.		515			3,774			1,559			2,215			58.7	%
6   CUNO		1,969			2,498			1,921			577			23.1	%
7   Clack Corp.		2,523			1,808			1,278			530			29.3	%
8   Brita		2,229			1,663			1,312			351			21.1	%
9   Mine Safety		311			1,634			895			739			45.2	%
10 Archer Western		3,124			1,575			1,051			523			33.2	%
Carbon		27,122		$	29,252		$	17,975		$	11,277			38.6	%
% of Total		29.8	%		35.8	%		32.4	%		42.9	%

						December YTD
Top 10 Products			% of plan
	Type					Pounds			Sales			per/lb		COS			per/lb		PGM $			PGM %
1   ASZM-TEDA		IM		84	%		1,020		$	7,525		$	7.38	$	3,040		$	2.98	$	4,485			59.6	%
2 CPG LF 12x40		AW		116	%		5,492			4,368			0.80		2,670			0.49		1,698			38.9	%
3   URC 12x30		IM		147	%		785			3,816			4.86		2,475			3.15		1,341			35.1	%
4 CPG LFD 8x30		AW		107	%		4,084			2,964			0.73		2,153			0.53		811			27.4	%
5   PMTC 20x70		CO		117	%		3,246			2,803			0.86		1,921			0.59		882			31.5	%
6   207C 18x40		CO		0 plan			2,229			1,663			0.75		1,309			0.59		354			21.3	%
7   WPH		PW		98	%		4,493			1,635			0.36		1,056			0.23		579			35.4	%
8   DG-11 6x12		CO		1458	%		2,439			1,634			0.67		1,227			0.50		407			24.9	%
9   F816		PR		891	%		3,149			1,599			0.51		1,046			0.33		553			34.6	%
10 F300		PR		77	%		2,468			1,461			0.59		654			0.27		807			55.2	%
Carbon							29,405		$	29,468		$	1.00	$	17,552		$	0.60	$	11,916			40.4	%
% of Total							32.4	%		36.1	%				31.7	%				45.3	%

Cust Value	Cust		Sales			PGM $			PGM %
>100k		114	$	69,668		$	27,948			40.1	%
>25-100k		156		7,577			4,143			54.7	%
>5-25k		302		3,561			2,282			64.1	%
>0-5k		774		1,000			691			69.1	%
0 or less		233		(53	)		143			-267.8	%
No-sold-to		n/a		(70	)		(8,927	)		12667.4	%
Total		1579	$	81,682		$	26,279			32.2	%

Attachment A

Calgon Carbon Corporation (CCC) - Americas Carbon Sub-segment
December 2005 - Quarterly (compared to 2004)

	Pounds				Sales								COS										PGM
Profit Metrics
	CQ		4Q ‘04		CQ $		$ / lb		4Q ‘04 $		$ / lb		CQ $			$ / lb		4Q ‘04 $			$ / lb		CQ $			$ / lb		4Q ‘04 $			$ / lb
Carbon		22,138		23,718	$	19,821	$	0.90	$	20,079	$	0.85	$	11,340		$	0.51	$	11,072		$	0.47	$	8,481		$	0.38	$	9,007		$	0.38
														57.2	%				55.1	%				42.8	%				44.9	%
Odor		35		38		80		2.28		88		2.28		22			0.62		21			0.55		59			1.66		66			1.73
														27.2	%				24.3	%				72.8	%				75.7	%
SR		53		181		72		1.36		233		1.29		23			0.44		70			0.39		49			0.92		163
														32.1	%				30.1	%				67.9	%				69.9	%
Carbon		22,227		23,936	$	19,974	$	0.90	$	20,400	$	0.85	$	11,385		$	0.51	$	11,164		$	0.47	$	8,588		$	0.39	$	9,236		$	0.39
														57.0	%				54.7	%				43.0	%				45.3	%
Other		31		138		506		16.07		333		2.41		3,126			99.35		2,174			15.74		(2,620	)				(1,841	)		(13.32	)
														618.3	%				652.1	%				-518.3	%				-552.1	%
Carbon		22,258		24,075	$	20,479	$	0.92	$	20,733	$	0.86	$	14,511		$	0.65	$	13,338		$	0.55	$	5,968		$	0.27	$	7,395		$	0.31
														70.9	%				64.3	%				29.1	%				35.7	%

	Current Quarter											4Q 2004
Carbon Breakdown
	Pounds		Sales		COS		PGM $		PGM %			Pounds		Sales		COS		PGM $		PGM %
Acid Washed		2,884	$	2,466	$	1,605	$	861		34.9	%		3,247	$	2,786	$	1,645	$	1,142		41.0	%
$ per lb			$	0.86	$	0.56	$	0.30						$	0.86	$	0.51	$	0.35
Fine Mesh		86		147		57		90		61.4	%		110		185		74		111		59.9	%
$ per lb				1.72		0.66		1.06							1.68		0.67		1.00
Impregnated		704		4,018		1,980		2,038		50.7	%		927		5,098		2,049		3,049		59.8	%
$ per lb				5.71		2.81		2.89							5.50		2.21		3.29
Prime		7,170		4,966		2,537		2,429		48.9	%		4,753		3,396		1,626		1,770		52.1	%
$ per lb				0.69		0.35		0.34							0.71		0.34		0.37
Powder		1,898		1,158		524		634		54.8	%		2,971		1,286		694		592		46.0	%
$ per lb				0.61		0.28		0.33							0.43		0.23		0.20
React		1,977		745		482		262		35.2	%		2,591		867		635		232		26.8	%
$ per lb				0.38		0.24		0.13							0.33		0.25		0.09
CCC Prod		14,719	$	13,500	$	7,186	$	6,314		46.8	%		14,599	$	13,617	$	6,723	$	6,895		50.6	%
$ per lb				0.92		0.49		0.43							0.93		0.46		0.47
Coconut		4,382		4,745		3,076		1,669		35.2	%		4,682		4,257		2,892		1,365		32.1	%
$ per lb				1.08		0.70		0.38							0.91		0.62		0.29
Outsourced		3,125		1,728		1,122		606		35.1	%		4,656		2,525		1,549		976		38.7	%
$ per lb				0.55		0.36		0.19							0.54		0.33		0.21
New Products		0		—		—		—					0		—		—		—
$ per lb				—		—		—							—		—		—
Non-CCC Prd		7,508	$	6,473	$	4,199	$	2,275		35.1	%		9,338	$	6,782	$	4,441	$	2,341		34.5	%
$ per lb				0.86		0.56		0.30							0.73		0.48		0.25
Tot Carbon		22,227	$	19,974	$	11,385	$	8,588		43.0	%		23,936	$	20,400	$	11,164	$	9,236		45.3	%
$ per lb			$	0.90	$	0.51	$	0.39						$	0.85	$	0.47	$	0.39

PGM Recon	Sales			COS			PGM $			PGM %
4Q 2004	$	20,733		$	13,338		$	7,395			35.7	%
Product Price/Mix		1,192			1,177			15			-1.9	%
Product Volume		(1,450	)		(909	)		(541	)		-0.1	%
Solv Rec & Odor		(168	)		(46	)		(122	)		-0.3	%
Freight		31			(197	)		228			1.0	%
Media		162			186			(23	)		-0.4	%
Cap variance					535			(535	)		-2.6	%
Field Serv.		—			(426	)		426			2.1	%
Export Fees		—			(46	)		46			0.2	%
Inv writedown		—			549			(549	)		-2.6	%
China VAT		—			(0	)		0			0.0	%
Demurrage		—			3			(3	)		0.0	%
Aff. Marg.		—			202			(202	)		-1.0	%
Other		(22	)		147			(168	)		-0.8	%
Combined acretion/dilution		—			—			—			-0.2	%
4Q 2005	$	20,479		$	14,511		$	5,968			29.1	%

	Capitalized Variance - Exp / (Inc)
	CQ			PP			PY			4Q CY		NQ PP
PPV	$	(177	)	$	511		$	511
Mfg		538			(207	)		(207	)
Inventory		472			(5	)		(5	)
Carbon	$	834		$	299		$	299		$	—	$	—

Freight	CQ		4Q ‘04		PY		PQ		Dec-05
Expense	$	1,117	$	1,314	$	1,395	$	928	$	305
$per lb	$	0.050	$	0.055	$	0.195	$	0.041	$	0.042

		Current Qtr								4Q 2004
“Other” Breakdown
		Sales		COS			PGM %			Sales		COS			PGM %
Carbon Product Margins								43.0	%							45.3	%
Freight	��	$	87	$	1,117			-5.3	%	$	56	$	1,314			-6.3	%
Media			302		304			-0.6	%		140		118			-0.2	%
Price			—		—			0.0	%		—		—			0.0	%
Cap Var			—		834			-4.2	%		—		299			-1.5	%
Field Serv.			—		(86	)		0.4	%		—		341			-1.7	%
Export Fees			—		252			-1.3	%		—		299			-1.5	%
Inv writedown			—		549			-2.7	%		—		—			0.0	%
China VAT			—		101			-0.5	%		—		101			-0.5	%
Demurrage			—		47			-0.2	%		—		44			-0.2	%
Aff. Marg.			—		41			-0.2	%		—		(161	)		0.8	%
Misc. Other			116		(34	)		0.8	%		138		(181	)		1.4	%
Total Other		$	506	$	3,126			-13.9	%	$	333	$	2,174			-9.6	%
Total Carbon Margins								29.1	%							35.7	%

	Product Price Mix									Product Volume
Product Group P/V Analysis
	Sales			COS			PGM $			Sales			COS			PGM $
Acid Washed		(9	)		144			(153	)		(311	)		(184	)		(128	)
Fine Mesh		4			(1	)		4			(41	)		(16	)		(25	)
Impregnated		145			423			(279	)		(1,225	)		(492	)		(732	)
Prime		(157	)		85			(241	)		1,727			827			900
Powder		336			80			256			(464	)		(251	)		(214	)
React		83			(2	)		85			(206	)		(151	)		(55	)
Coconut		760			369			391			(272	)		(185	)		(87	)
Outsourced		33			83			(49	)		(830	)		(509	)		(321	)
New Products		—			—			—			—			—			—
P/V Totals	$	1,196		$	1,182		$	14		$	(1,622	)	$	(961	)	$	(661	)

Regions	Sales		%/’04			PGM $			%/’04			PGM %
Can/Lat Am.	$	2,662		118	%	$	1,094			126	%		41.1	%
National		4,240		80	%		1,866			67	%		44.0	%
East		4,688		108	%		1,586			106	%		33.8	%
Central		5,639		112	%		2,038			108	%		36.1	%
South		1,302		79	%		452			65	%		34.7	%
West		1,737		154	%		710			148	%		40.9	%
Mun Pwdr		144		48	%		59			51	%		40.7	%
Other		67		10	%		(1,836	)		195	%		-2757.0	%
Reg. Totals	$	20,479		99	%	$	5,968			81	%		29.1	%

	4Q 2004
Top 10 Customers
	Pounds			Sales			COS			PGM $			PGM %
1   Hunter Mfg.		277		$	1,950		$	736		$	1,214			62.3	%
2   ADM		1,342			1,029			625			404			39.3	%
3   Air Products		2,485			1,028			784			243			23.7	%
4   Brenntag		1,530			1,017			537			480			47.2	%
5   3M		220			983			427			556			56.6	%
6   CUNO		534			615			511			104			16.9	%
7   Filtrona		842			586			425			161			27.4	%
8   Brita		520			429			305			123			28.8	%
9   Clack Corp.		610			412			293			119			28.8	%
10 Mine Safety		81			402			158			244			60.6	%
Carbon		8,441		$	8,449		$	4,802		$	3,647			43.2	%
% of Total		37.9	%		41.3	%		33.1	%		61.1	%

						4Q 2004
Top 10 Products			% of ‘05
	Type					Pounds			Sales			per/lb		COS			per/lb		PGM $			PGM %
1   ASZM-TEDA		IM		198	%		460		$	3,139		$	6.82	$	1,180		$	2.56	$	1,959			62.4	%
2   CPG LF 12x40		AW		105	%		1,410			1,121			0.80		615			0.44		507			45.2	%
3   AP2-45-2		OU		324	%		2,476			1,009			0.41		775			0.31		233			23.1	%
4   URC 12x30		IM		90	%		194			884			4.56		399			2.06		484			54.8	%
5   CPG LFD 8x30		AW		126	%		964			700			0.73		440			0.46		260			37.1	%
6   WPH		PW		312	%		1,824			601			0.33		386			0.21		216			35.9	%
7   SC2-M 30x70		CO		217	%		673			452			0.67		322			0.48		130			28.7	%
8   207C 18x40		CO		153	%		520			429			0.82		305			0.59		123			28.8	%
9   F300		PR		132	%		759			406			0.54		181			0.24		225			55.5	%
10 F816		PR		24	%		497			349			0.70		183			0.37		166			47.6	%
Carbon							9,777		$	9,090		$	0.93	$	4,787		$	0.49	$	4,304			47.3	%
% of Total							44.0	%		44.4	%				33.0	%				72.1	%

‘04 Value	Cust		Sales			PGM $			PGM %
>100k		43	$	14,593		$	6,263			42.9	%
>25-100k		81		3,850			1,814			47.1	%
>5-25k		143		1,725			953			55.2	%
>0-5k		394		526			336			63.8	%
0 or less		121		(41	)		(245	)		600.4	%
No-sold-to		n/a		81			(1,725	)		-2135.1	%
Total		782	$	20,733		$	7,395			35.7	%

Attachment (A)

CALGON CARBON CONSOLIDATED
SALES SUMMARY BY SEGMENT AND SUBSEGMENT
FOURTH QUARTER

	2005					Plan														2004
											FX			Price/ Volume			‘05 vs Plan F/(U)								FX			Price/ Volume			‘05 vs ‘04 F/(U)
	Sales		PGM %			Sales		PGM %												Sales		PGM %
Carbon	$	34.5		31.6	%	$	34.3		38.9	%	$	(0.9	)	$	1.1		$	0.2		$	34.2		36.5	%	$	(0.8	)	$	1.1		$	0.3
Service		26.2		37.1	%		28.1		42.1	%		(0.7	)		(1.2	)		(1.9	)		27.4		47.4	%		(0.6	)		(0.5	)		(1.2	)
Carbon & Service	$	60.8		34.0	%	$	62.5		40.3	%	$	(1.6	)	$	(0.1	)	$	(1.7	)	$	61.6		41.4	%	$	(1.5	)	$	0.6		$	(0.9	)
Carbon	$	3.4		15.5	%	$	4.0		26.5	%	$	—		$	(0.6	)	$	(0.6	)	$	4.5		31.4	%	$	—		$	(1.1	)	$	(1.1	)
UV		1.0		32.2	%		1.6		34.1	%		0.0			(0.7	)		(0.6	)		1.5		42.8	%		(0.0	)		(0.4	)		(0.5	)
ISEP		2.5		39.0	%		3.6		25.0	%		(0.2	)		(1.0	)		(1.1	)		5.3		22.5	%		(0.2	)		(2.7	)		(2.9	)
Odor Control		1.5		26.9	%		1.3		28.4	%		—			0.2			0.2			1.3		19.6	%		—			0.2			0.2
Solvent Recovery		1.9		36.9	%		1.3		26.4	%		—			0.6			0.6			3.0		19.4	%		—			(1.1	)		(1.1	)
Equipment	$	10.3		28.4	%	$	11.9		27.3	%	$	(0.1	)	$	(1.5	)	$	(1.6	)	$	15.6		26.2	%	$	(0.2	)	$	(5.1	)	$	(5.3	)
Carbon Cloth	$	1.6		40.5	%	$	3.7		43.4	%	$	(0.2	)	$	(1.9	)	$	(2.1	)	$	2.1		45.5	%	$	(0.1	)	$	(0.4	)	$	(0.5	)
Charcoal		4.1		29.5	%		3.8		35.2	%		(0.4	)		0.7			0.3			4.4		30.9	%		(0.4	)		0.2			(0.2	)
Home Products		1.3		25.9	%		2.3		35.2	%		—			(1.0	)		(1.0	)		1.5		39.7	%		—			(0.2	)		(0.2	)
Consumer	$	7.1		31.4	%	$	9.9		38.3	%	$	(0.5	)	$	(2.2	)	$	(2.8	)	$	8.0		36.4	%	$	(0.5	)	$	(0.4	)	$	(0.9	)
CCC CONSOLIDATED	$	78.1		33.0	%	$	84.2		38.3	%	$	(2.3	)	$	(3.8	)	$	(6.1	)	$	85.2		38.1	%	$	(2.2	)	$	(4.8	)	$	(7.1	)

Attachment (A)

AMERICAS SALES SUMMARY BY SEGMENT AND SUBSEGMENT
FOURTH QUARTER

	2005					Plan										‘05 vs Plan F/(U)			2004
											FX		Price/ Volume														Price/ Volume			‘05 vs ‘04 F/(U)
	Sales		PGM %			Sales		PGM %											Sales		PGM %			FX
Carbon	$	20.5		29.1	%	$	19.3		38.2	%	$	0.1	$	1.1		$	1.2		$	20.7		35.7	%	$	0.0		$	(0.3	)	$	(0.3	)
Service		18.1		30.6	%		18.7		41.4	%		0.1		(0.7	)		(0.6	)		19.2		42.8	%		0.0			(1.2	)		(1.1	)
Carbon & Service	$	38.5		29.8	%	$	38.0		39.8	%	$	0.2	$	0.4		$	0.6		$	39.9		39.1	%	$	0.0		$	(1.4	)	$	(1.4	)
Carbon		3.4		15.5	%		4.0		26.5	%		—		(0.6	)		(0.6	)		4.5		31.3	%		—			(1.1	)		(1.1	)
UV		1.0		32.2	%		1.6		34.1	%		0.0		(0.7	)		(0.6	)		1.5		42.8	%		(0.0	)		(0.4	)		(0.5	)
ISEP		0.7		13.8	%		0.7		31.8	%		—		(0.0	)		(0.0	)		3.1		19.0	%		—			(2.4	)		(2.4	)
Odor Control		1.5		26.9	%		1.3		28.4	%		—		0.2			0.2			1.3		19.6	%		—			0.2			0.2
Solvent Recovery		1.9		36.9	%		1.3		26.4	%		—		0.6			0.6			3.0		19.4	%		—			(1.1	)		(1.1	)
Equipment	$	8.5		24.1	%	$	9.0		28.6	%	$	0.0	$	(0.5	)	$	(0.5	)	$	13.4		25.9	%	$	(0.0	)	$	(4.8	)	$	(4.9	)
Carbon Cloth		0.1		73.8	%		0.3		50.2	%		—		(0.2	)		(0.2	)		0.1		65.6	%		—			0.0			0.0
Home Products		1.3		25.9	%		2.3		35.2	%		—		(1.0	)		(1.0	)		1.5		39.7	%		—			(0.2	)		(0.2	)
Consumer	$	1.4		29.2	%	$	2.6		36.7	%	$	—	$	(1.2	)	$	(1.2	)	$	1.6		41.2	%	$	—		$	(0.2	)	$	(0.2	)
AMERICAS TOTAL	$	48.5		28.8	%	$	49.5		37.6	%	$	0.2	$	(1.2	)	$	(1.1	)	$	54.9		36.0	%	$	(0.0	)	$	(6.5	)	$	(6.5	)

Attachment (A)

EUROPE SALES SUMMARY BY SEGMENT AND SUBSEGMENT
FOURTH QUARTER

	2005					Plan														2004
											FX			Price/ Volume			‘05 vs Plan F/(U)								FX			Price/ Volume			‘05 vs ‘04 F/(U)
	Sales		PGM %			Sales		PGM %												Sales		PGM %
Carbon	$	10.0		34.7	%	$	11.4		38.7	%	$	(1.0	)	$	(0.4	)	$	(1.4	)	$	10.3		36.8	%	$	(0.9	)	$	0.5		$	(0.3	)
Service		8.1		51.5	%		9.4		43.3	%		(0.8	)		(0.4	)		(1.2	)		8.2		58.1	%		(0.6	)		0.6			(0.0	)
Carbon & Service	$	18.1		42.3	%	$	20.7		40.8	%	$	(1.8	)	$	(0.8	)	$	(2.6	)	$	18.5		46.2	%	$	(1.5	)	$	1.2		$	(0.3	)
Carbon		—		0.0	%		—		0.0	%		—			—			—			—		0.0	%		—			—			—
ISEP		1.5		45.6	%		2.2		19.2	%		(0.2	)		(0.6	)		(0.7	)		1.7		32.2	%		(0.2	)		(0.0	)		(0.2	)
Solvent Recovery		—		0.0	%		—		0.0	%		—			—			—			—		0.0	%		—			—			—
Equipment	$	1.5		45.6	%	$	2.2		19.2	%	$	(0.2	)	$	(0.6	)	$	(0.7	)	$	1.7		32.2	%	$	(0.2	)	$	(0.0	)	$	(0.2	)
Carbon Cloth		1.5		38.4	%		3.5		42.9	%		(0.2	)		(1.7	)		(1.9	)		2.0		44.6	%		(0.1	)		(0.4	)		(0.5	)
Charcoal		4.1		29.5	%		3.8		35.2	%		(0.4	)		0.7			0.3			4.4		30.9	%		(0.4	)		0.2			(0.2	)
Consumer	$	5.7		31.9	%	$	7.3		38.8	%	$	(0.5	)	$	(1.1	)	$	(1.6	)	$	6.4		35.2	%	$	(0.5	)	$	(0.2	)	$	(0.7	)
EUROPE TOTAL	$	25.3		40.2	%	$	30.2		38.8	%	$	(2.5	)	$	(2.4	)	$	(4.9	)	$	26.5		42.7	%	$	(2.2	)	$	1.0		$	(1.2	)

Attachment (A)

ASIA SALES SUMMARY BY SEGMENT AND SUBSEGMENT
FOURTH QUARTER

	2005						Plan													2004
														Price/ Volume			‘05 vs Plan F/(U)								FX		Price/ Volume			‘05 vs ‘04 F/(U)
	Sales			PGM %			Sales		PGM %			FX								Sales		PGM %
Asia	$	2.2			46.1	%	$	2.8		44.9	%	$	—		(0.6	)	$	(0.6	)	$	1.3		39.1	%	$	—	$	0.9		$	0.9
CMCC		1.8			24.6	%		0.9		37.0	%		—		0.9			0.9			1.9		42.3	%		—		(0.1	)		(0.1	)
Service		0.0			71.8	%		0.1		63.1	%		—		(0.1	)		(0.1	)		0.0		67.7	%		—		0.0			0.0
Carbon & Service	$	4.1			36.6	%	$	3.8		43.4	%	$	—	$	0.3		$	0.3		$	3.2		41.2	%	$	—	$	0.9		$	0.9
Carbon	$	(0.0	)		0.0	%	$	—		0.0	%			$	(0.0	)	$	(0.0	)	$	0.0		56.3	%			$	(0.0	)	$	(0.0	)
ISEP		0.3			65.7	%		0.7		36.1	%				(0.4	)		(0.4	)		0.5		12.1	%				(0.2	)		(0.2	)
Solvent Recovery		—			0.0	%		—		0.0	%		—		—			—			—		0.0	%		—		—			—
Equipment	$	0.3			61.8	%	$	0.7		36.1	%	$	—	$	(0.4	)	$	(0.4	)	$	0.5		13.4	%	$	—	$	(0.2	)	$	(0.2	)
ASIA TOTAL	$	4.4			38.2	%	$	4.5		42.3	%	$	—	$	(0.1	)	$	(0.1	)	$	3.7		37.3	%	$	—	$	0.6		$	0.6

Attachment (A)

PGM RECONCILIATION - 4Q ACTUAL vs. PLAN
Global Cap Variance and Consumer + Americas Carbon, Service, and Equipment
Largely Contributed to Quarter Margin Shortfall vs. Plan

	Americas			Asia			Europe			Consolidated
4Q 2005 Actual PGM%		28.8	%		38.2	%		40.2	%		33.0	%
4Q 2005 Actual PGM $	$	13,956		$	1,667		$	10,163		$	25,786
4Q 2005 Plan PGM%		37.6	%		42.3	%		38.8	%		38.3	%
4Q 2005 Plan PGM $	$	18,623		$	1,905		$	11,710		$	32,238
Actual vs Plan PGM Variance	$	(4,667	)	$	(238	)	$	(1,547	)	$	(6,452	)
Profit in Inventory CMCC		—			(291	)		—			(291	)
CMCC Volume		—			347			—			347
Cap Variance		(1,764	)		—			(431	)		(2,195	)
Equipment		(412	)		(82	)		325			(169	)
Carbon/Service Price/Mix		(1,136	)		(318	)		832			(622	)
Carbon/Service Product Volume		689			125			(352	)		462
Carbon/Service Freight		(186	)		—			—			(186	)
Mesa Consolidated Water		(96	)		—			—			(96	)
Media Sales		(156	)		—			—			(156	)
Consumer Volume		(470	)		—			(514	)		(984	)
Consumer Mix		—			—			(440	)		(440	)
FX Impact on US Sourced Product		—			—			(967	)		(967	)
Other		(1,136	)		(19	)		—			(1,155	)
PGM Variance Fav/(Unfav)	$	(4,667	)	$	(238	)	$	(1,547	)	$	(6,452	)

Attachment (A)

PGM RECONCILIATION - Y-T-D ACTUAL vs. PLAN
Americas/Asia Carbon, Service and Cap Variance + Europe’s Consumer
Largely Contributed to Y-T-D Margin Shortfall vs. Plan

	Americas			Asia			Europe			Consolidated
Y-T-D 2005 Actual PGM%		32.6	%		44.8	%		36.7	%		34.6	%
Y-T-D 2005 Actual PGM $	$	64,993		$	6,395		$	44,485		$	115,873
Y-T-D 2005 Plan PGM%		38.2	%		47.2	%		36.4	%		38.0	%
Y-T-D 2005 Plan PGM $	$	80,007		$	8,050		$	46,339		$	134,396
Actual vs Plan PGM Variance	$	(15,014	)	$	(1,655	)	$	(1,854	)	$	(18,523	)
Profit in Inventory CMCC		—			(162	)		—			(162	)
CMCC Volume		—			(327	)		—			(327	)
Cap Variance		(5,183	)		—			1,141			(4,042	)
Equipment		(42	)		(454	)		409			(87	)
Carbon/Service Price/Mix		(4,349	)		(1,336	)		398			(5,287	)
Carbon/Service Product Volume		(2,406	)		788			653			(965	)
Carbon/Service Freight		1,072			—			—			1,072
Mesa Consolidated Water		(882	)		—			—			(882	)
Media Sales		(530	)		—			—			(530	)
Consumer Volume		(152	)		—			(902	)		(1,054	)
Consumer Mix		—			—			(1,283	)		(1,283	)
FX Impact on US Sourced Product		—			—			(2,270	)		(2,270	)
Other		(2,542	)		(164	)		—			(2,706	)
PGM Variance Fav/(Unfav)	$	(15,014	)	$	(1,655	)	$	(1,854	)	$	(18,523	)

Attachment (A)

PGM RECONCILIATION -  4Q 2005 vs. 4Q 2004
Unfavorable Americas Carbon/Service Price/Mix, Volume, Equipment, and
Global Cap Variance Result in Lower Profit Margins vs. 2004

	Americas			Asia			Europe			Consolidated
4Q 2005 Actual PGM%		28.8	%		38.2	%		40.2	%		33.0	%
4Q 2005 Actual PGM $	$	13,956		$	1,667		$	10,163		$	25,786
4Q 2004 Actual PGM%		36.0	%		37.3	%		42.7	%		38.1	%
4Q 2004 Actual PGM $	$	19,745		$	1,395		$	11,327		$	32,467
Actual vs 2004 PGM Variance	$	(5,789	)	$	272		$	(1,164	)	$	(6,681	)
Profit in Inventory CMCC		—			(300	)		—			(300	)
CMCC Volume		—			(122	)		—			(122	)
Norit CPF Impact		—			—			—			—
Cap Variance		(1,460	)		—			(1,104	)		(2,564	)
Equipment		(1,335	)		103			619			(613	)
Carbon/Service Price/Mix		(797	)		(302	)		(732	)		(1,831	)
Carbon/Service Product Volume		(1,031	)		738			2,317			2,024
Carbon/Service Freight Cost		(408	)		—			—			(408	)
Consumer Volume		(164	)		—			(77	)		(241	)
Consumer Mix		—			—			(250	)		(250	)
FX Impact on US Sourced Product		—			—			(1,937	)		(1,937	)
Other		(594	)		155			—			(439	)
PGM Variance Fav/(Unfav)	$	(5,789	)	$	272		$	(1,164	)	$	(6,681	)

Attachment (A)

PGM RECONCILIATION -  Y-T-D 2005 vs. Y-T-D 2004
Unfavorable Americas Carbon/Service Price/Mix, Volume, Freight, and
Cap Variance Result in Lower Profit Margins vs. 2004

	Americas			Asia			Europe			Consolidated
Y-T-D 2005 Actual PGM%		32.6	%		44.8	%		36.7	%		34.6	%
Y-T-D 2005 Actual PGM $	$	64,993		$	6,395		$	44,485		$	115,873
Y-T-D 2004 Actual PGM%		37.5	%		44.5	%		38.2	%		38.1	%
Y-T-D 2004 Actual PGM $	$	78,387		$	7,593		$	42,167		$	128,147
Actual vs 2004 PGM Variance	$	(13,394	)	$	(1,198	)	$	2,318		$	(12,274	)
Profit in Inventory CMCC		—			(499	)		—			(499	)
CMCC Volume		—			(553	)		—			(553	)
Norit CPF Impact		491			—			—			491
Cap Variance		(3,248	)		—			780			(2,468	)
Equipment		1,207			(1,962	)		1,050			295
Carbon/Service Price/Mix		(4,640	)		(802	)		(2,010	)		(7,452	)
Carbon/Service Product Volume		(4,970	)		2,620			5,376			3,026
Carbon/Service Freight Cost		(2,871	)		—			—			(2,871	)
Consumer Volume		550			—			1,358			1,908
Consumer Mix		—			—			(1,775	)		(1,775	)
FX Impact on US Sourced Product		—			—			(2,461	)		(2,461	)
Other		87			(2	)		—			85
PGM Variance Fav/(Unfav)	$	(13,394	)	$	(1,198	)	$	2,318		$	(12,274	)

Attachment (A)

Capitalized Variance in 2005

F / (U)

	2005 Actual						2005 Plan						2004 Actual
	4th Qtr			YTD			4th Qtr			YTD			4th Qtr			YTD
Capitalized Variance Inc/(Exp)	$	(2,255	)	$	(2,512	)	$	(60	)	$	1,530		$	309		$	(44	)
Pension/Benefits		328			1,701			—			—			56			(784	)
Manufacturing Variance		(1,177	)		(2,221	)		—			376			560			1,589
Inventory Revaluation		(809	)		1,494			—			1,684			(7	)		(1,079	)
Physical Inv Loss Accrual		(138	)		(499	)		(120	)		(437	)		(30	)		(351	)
Purchase Price Variance		(458	)		(2,986	)		60			(93	)		(270	)		581
Capitalized Variance Inc/(Exp)	$	(2,255	)	$	(2,512	)	$	(60	)	$	1,530		$	309		$	(44	)

Attachment (A)

Calgon Carbon Corporation
Operating Expense Analysis-Consolidated

	2005 Actual						2005 Plan *						2004 Actual *
	4Q			YTD			4Q			YTD			4Q			YTD
Operating Expense	$	18,653		$	68,195		$	15,971		$	62,910		$	16,285		$	62,114
Salaries and Indirect Labor		6,157			25,955			6,861			27,797			6,305			25,358
Benefits		3,014			10,646			2,512			10,207			2,146			8,598
Severance		153			1,329			—			—			—			226
Bonus		635			2,246			576			2,307			71			782
T&E		704			3,002			1,017			3,939			789			3,442
Insurance		700			3,883			688			2,804			464			2,336
Legal Expense		2,757			6,171			701			2,816			1,075			3,360
Outside Services		2,879			8,198			1,611			6,644			2,303			7,319
Bad Debt Expense		83			461			160			645			(125	)		270
Public Company Expense		(54	)		539			101			585			233			757
Exchange		—			—			306			676			236			(59	)
Sutcliffe Speakman		—			—			—			—			753			2,430
Cost transfers		(1,477	)		(5,928	)		(1,867	)		(7,555	)		(1,204	)		(4,720	)
Other		3,102			11,694			3,305			12,045			3,239			12,013
Operating Expense	$	18,653		$	68,195		$	15,971		$	62,910		$	16,285		$	62,114

* Amounts converted at 2005 f/x rates

Attachment (A)

Loss on Fixed Assets & Bank Fees higher than Plan & Prior Year.

But YTD Savings vs. Prior Year in Total.

	2005 Actual						2005 Plan						2004 Actual
	4th Qtr			YTD			4th Qtr			YTD			4th Qtr			YTD
Other (Income)/Expense	$	1,336		$	4,058		$	1,047		$	3,909		$	1,152		$	5,284
F/X Losses on UK Intercompany Loan		—			—			—			—			—			593
Other Foreign Exchange (Gains)/Losses		(2	)		139			—			—			124			409
Marsh Insurance Settlement		—			(101	)		—			—			—			—
Gain on Technology Transfer to JV		—			(90	)		—			—			—			—
Dept. of Army Invoices		—			(63	)		—			—			—			—
Non-Income Tax Expense		85			715			250			981			112			920
Bank Fees		418			1,345			246			983			292			1,043
Royalty (Income)/Credit		(158	)		(220	)		(101	)		(405	)		(68	)		(233	)
Sale of Columbus Property		—			(240	)		—			—			—			—
Other (Gain)/Loss on Fixed Assets		549			800			—			—			58			335
Intangible Amortization		485			1,967			568			2,210			564			2,113
Other		(41	)		(194	)		84			140			70			104
Other (Income)/Expense	$	1,336		$	4,058		$	1,047		$	3,909		$	1,152		$	5,284

Attachment (A)

Significant Improvements made with Accounts Payable.
Poor Operating Results and Other Working Capital Mgmt.
Continue To Hold Operating Cash Flow Below Plan for 4Q05

	Fourth Quarter
	2005 Act.			2005 Plan			2004 Act.
Operating Cash Flow	$	3,755		$	6,313		$	5,342
Net income (loss)		(5,484	)		1,164			922
Depreciation & Amort.		5,191			5,511			6,314
Non-Cash Curtailment Loss & Restr. Write Downs		603			—			—
(Earnings) loss in Joint Venture		1,745			(276	)		(152	)
Pension provisions		719			1,028			1,609
(Incr)/decr in receivables		(6,117	)		3,138			(31	)
(Incr)/decr in inventory		(7,113	)		(3,320	)		(4,330	)
(Incr)/decr in other current assets		(354	)		427			4,028
(Decr) in restructuring reserve		(514	)		(130	)		135
Incr/(decr) in A/P & accrl		16,601			(823	)		622
Incr/(decr) in accr. inc. tax		142			239			(1,262	)
Incr/(decr) in def. inc. tax		(2,666	)		(356	)		(3,253	)
Other		1,002			(289	)		740
Operating Cash Flow	$	3,755		$	6,313		$	5,342

Attachment (A)

Improvements made with Accts. Payable & Other Current Assets
Poor Operating Results and Inventory Management
Continue To Hold Operating Cash Flow Below Plan as of 12/31

	Year To Date
	2005 Act.			2005 Plan			2004 Act.
Operating Cash Flow	$	9,135		$	33,220		$	20,074
Net income (loss)		(6,343	)		8,470			5,888
Depreciation & Amort.		22,062			22,759			23,126
Non-Cash Curtailment Loss & Restr. Write Downs		2,976			—			—
(Earnings) loss in Joint Venture		979			(723	)		(1,000	)
Pension provisions		4,046			4,696			4,580
(Incr)/decr in receivables		513			4,806			(3,469	)
(Incr)/decr in inventory		(13,009	)		(3,200	)		(2,076	)
(Incr)/decr in other current assets		2,957			(1,081	)		1,410
(Decr) in restructuring reserve		(907	)		(379	)		(336	)
Incr/(decr) in A/P & accrl		6,039			(2,583	)		(1,096	)
Incr/(decr) in accr. inc. tax		(1,953	)		285			(1,510	)
Incr/(decr) in def. inc. tax		(5,394	)		(862	)		(2,357	)
Other		(2,831	)		1,032			(3,086	)
Operating Cash Flow	$	9,135		$	33,220		$	20,074

Attachment (A)

Selected Working Capital Trends

		Jan		Feb		Mar		Apr		May		Jun		Jul		Aug		Sep		Oct		Nov		Dec
DSO	2005		60		67		65		65		61		61		62		66		64		64		65		62
	2004		52		66		61		58		64		63		60		63		70		73		64		61
Inventory Turns	2005		4.1		3.8		3.8		3.9		4.0		4.1		4.0		3.9		3.9		3.8		3.6		3.6
	2004		3.8		3.4		3.5		3.7		3.8		4.0		4.1		4.1		4.2		4.2		4.2		4.1

Attachment (A)

Calgon Carbon Corporation
2005 Bonus Metrics
(in 000’s) USD

	Per Consolidation
	12/31/05 Actual *									12/31/05 Plan
	Americas/ Asia			Europe			CCC			Americas/ Asia			Europe			CCC
Operating Income	$	(14,379	)	$	11,368		$	(3,011	)	$	7,650		$	11,019		$	18,669
Operating Cash Flow	$	(247	)	$	10,310		$	10,062		$	24,776		$	8,452		$	33,228
NOPAT	$	(8,943	)	$	6,146		$	(2,797	)	$	4,797		$	6,393		$	11,190
Beg. Capital Employed	$	200,941		$	51,530		$	252,471		$	194,235		$	56,733		$	250,968
End. Capital Employed	$	190,382		$	46,104		$	236,485		$	180,368		$	58,985		$	239,353
Avg. Capital Employed	$	195,661		$	48,817		$	244,478		$	187,302		$	57,859		$	245,161
ROIC (NOPAT/Avg. Cap. Employed)		-4.6	%		12.6	%		-1.1	%		2.6	%		11.0	%		4.6	%

* - December 2005 Actual Metrics have been adjusted to eliminate the impact of the Restructuring Charge and Leadership Bonus Reversals.

(a) - Capital Employed = Total Shareholders Equity plus S-T & L-T Debt.

Attachment (A)

Calgon Carbon Corporation

Segment Data - Continuing Operations:

Segment Sales	4Q05			4Q04			YTD 2005			YTD 2004
Carbon and Service		60,767			61,626			241,934			245,500
Equipment		7,536			11,489			36,867			39,936
Consumer		2,956			3,626			12,034			10,441
Total Sales (thousands)	$	71,259		$	76,741		$	290,835		$	295,877
Segment Operating Income (loss)*	4Q05			4Q04			YTD 2005			YTD 2004
Carbon and Service		2,637			7,337			16,009			32,317
Equipment		(3,049	)		(688	)		(5,255	)		(2,209	)
Consumer		(315	)		546			(302	)		(98	)
Total Income (Loss) from continuing operations (thousands)	$	(727	)	$	7,195		$	10,452		$	30,010

*Before depreciation, amortization, and restructuring charges

Attachment (A)

CALGON CARBON  -  BUSINESS PLATFORMS
SALES AND PGM ANALYSIS BY PLATFORM
December 2005

	Current Month Actual									Current Month Plan							Variations
	SALES			PGM			PGM%			SALES		PGM		PGM%			SALES			%			PGM			%
Americas Carbon	$	6,964		$	1,425			20.5	%	$	5,502	$	2,107		38.3	%	$	1,462			26.6	%	$	(682	)		-32.4	%
Americas Service		6,371			1,655			26.0	%		5,542		2,262		40.8	%		829			15.0	%		(607	)		-26.8	%
Americas Carbon & Service		13,334			3,080			23.1	%		11,044		4,369		39.6	%		2,290			20.7	%		(1,289	)		-29.5	%
Carbon Equipment		965			(49	)		-5.1	%		1,251		332		26.5	%		(286	)		-22.8	%		(381	)		-114.7	%
UV		353			150			42.4	%		465		159		34.2	%		(112	)		-24.0	%		(9	)		-5.7	%
ISEP		222			(26	)		-11.5	%		211		68		32.2	%		11			5.4	%		(94	)		-137.7	%
Municipal Odor		730			245			33.6	%		428		121		28.3	%		302			70.6	%		124			102.9	%
Solvent Recovery		792			322			40.6	%		417		114		27.3	%		375			89.9	%		208			182.1	%
Americas Equipment		3,063			643			21.0	%		2,772		794		28.6	%		291			10.5	%		(151	)		-19.1	%
CCI US		(11	)		(11	)		100.7	%		103		51		49.5	%		(114	)		-111.0	%		(62	)		-122.3	%
Homewellness		192			32			16.8	%		455		160		35.2	%		(263	)		-57.7	%		(128	)		-79.8	%
Americas Consumer		181			21			11.5	%		558		211		37.8	%		(377	)		-67.5	%		(190	)		-90.1	%
Total Americas		16,578			3,743			22.6	%		14,374		5,374		37.4	%		2,204			15.3	%		(1,631	)		-30.3	%
Asia Carbon		1,351			379			28.1	%		1,193		505		42.3	%		158			13.3	%		(126	)		-24.9	%
Asia Service		23			19			81.1	%		72		42		58.3	%		(49	)		-68.0	%		(23	)		-55.5	%
Asia Carbon & Service		1,374			398			29.0	%		1,265		547		43.2	%		109			8.6	%		(149	)		-27.2	%
Carbon Equipment		(8	)		(16	)		203.1	%		—		—		—			(8	)		—			(16	)		—
UV Asia		—			—			—			—		—		—			—			—			—			—
ISEP Asia		100			60			60.7	%		310		112		36.1	%		(210	)		-67.9	%		(52	)		-46.1	%
Solvent Recovery Asia		—			—			—			—		—		—			—			—			—			—
Asia Equipment		92			44			48.3	%		310		112		36.1	%		(218	)		-70.5	%		(68	)		-60.5	%
Total Asia		1,466			442			30.2	%		1,575		659		41.8	%		(109	)		-6.9	%		(217	)		-32.9	%
Europe Carbon		2,925			1,257			43.0	%		3,003		1,205		40.1	%		(78	)		-2.6	%		52			4.3	%
Europe Service		2,596			1,594			61.4	%		2,867		1,251		43.6	%		(271	)		-9.5	%		343			27.4	%
Europe Carbon & Service		5,521			2,851			51.6	%		5,870		2,456		41.8	%		(349	)		-5.9	%		395			16.1	%
Europe Equipment		519			345			66.4	%		787		154		19.6	%		(268	)		-34.0	%		191			123.8	%
CCI Europe		360			96			26.7	%		960		401		41.8	%		(600	)		-62.5	%		(305	)		-76.0	%
Charcoal/Liquid		1,839			560			30.4	%		1,836		625		34.0	%		3			0.2	%		(65	)		-10.4	%
Europe Consumer		2,199			656			29.8	%		2,796		1,026		36.7	%		(597	)		-21.4	%		(370	)		-36.1	%
Total Europe		8,240			3,852			46.7	%		9,453		3,636		38.5	%		(1,213	)		-12.8	%		216			5.9	%
CCC Totals	$	26,284		$	8,037			30.6	%	$	25,402	$	9,669		38.1	%		882			3.5	%		(1,632	)		-16.9	%

Attachment (A)

CALGON CARBON  -  BUSINESS PLATFORMS
SALES AND PGM ANALYSIS BY PLATFORM
December 2005

	Current Month Actual									Prior Month Actual							Variations
	SALES			PGM			PGM%			SALES		PGM		PGM%			SALES			%			PGM			%
Americas Carbon	$	6,964		$	1,425			20.5	%	$	7,038	$	2,522		35.8	%	$	(75	)		-1.1	%	$	(1,097	)		-43.5	%
Americas Service		6,371			1,655			26.0	%		6,045		2,163		35.8	%		326			5.4	%		(507	)		-23.5	%
Americas Carbon & Service		13,334			3,080			23.1	%		13,083		4,685		35.8	%		251			1.9	%		(1,605	)		-34.3	%
Carbon Equipment		965			(49	)		-5.1	%		1,341		338		25.2	%		(376	)		-28.0	%		(387	)		-114.4	%
UV		353			150			42.4	%		405		89		22.1	%		(52	)		-12.8	%		60			67.6	%
ISEP		222			(26	)		-11.5	%		345		92		26.6	%		(122	)		-35.5	%		(117	)		-127.9	%
Municipal Odor		730			245			33.6	%		283		88		31.1	%		447			158.1	%		157			178.7	%
Solvent Recovery		792			322			40.6	%		494		148		30.0	%		297			60.1	%		173			116.7	%
Americas Equipment		3,063			643			21.0	%		2,869		756		26.3	%		194			6.8	%		(113	)		-15.0	%
CCI US		(11	)		(11	)		100.7	%		43		34		80.8	%		(54	)		-126.4	%		(46	)		-133.0	%
Homewellness		192			32			16.8	%		492		117		23.8	%		(300	)		-60.9	%		(85	)		-72.4	%
Americas Consumer		181			21			11.5	%		535		152		28.3	%		(354	)		-66.1	%		(131	)		-86.2	%
Total Americas		16,578			3,743			22.6	%		16,487		5,592		33.9	%		91			0.6	%		(1,848	)		-33.1	%
Asia Carbon		1,351			379			28.1	%		1,440		558		38.7	%		(89	)		-6.2	%		(178	)		-32.0	%
Asia Service		23			19			81.1	%		8		6		73.0	%		15			205.2	%		13			239.4	%
Asia Carbon & Service		1,374			398			29.0	%		1,448		563		38.9	%		(73	)		-5.1	%		(165	)		-29.3	%
Carbon Equipment		(8	)		(16	)		203.1	%		—		—		—			(8	)		—			(16	)		—
UV Asia		—			—			—			—		—		—			—			—			—			—
ISEP Asia		100			60			60.7	%		167		126		75.3	%		(68	)		-40.6	%		(66	)		-52.1	%
Solvent Recovery Asia		—			—			—			—		—		—			—			—			—			—
Asia Equipment		92			44			48.3	%		167		126		75.3	%		(76	)		-45.3	%		(82	)		-64.9	%
Total Asia		1,466			442			30.2	%		1,615		689		42.7	%		(149	)		-9.2	%		(247	)		-35.8	%
Europe Carbon		2,925			1,257			43.0	%		3,497		1,259		36.0	%		(572	)		-16.3	%		(2	)		-0.1	%
Europe Service		2,596			1,594			61.4	%		2,888		1,504		52.1	%		(292	)		-10.1	%		90			6.0	%
Europe Carbon & Service		5,521			2,851			51.6	%		6,385		2,763		43.3	%		(863	)		-13.5	%		88			3.2	%
Europe Equipment		519			345			66.4	%		608		266		43.6	%		(89	)		-14.6	%		79			29.8	%
CCI Europe		360			96			26.7	%		633		279		44.1	%		(273	)		-43.2	%		(183	)		-65.6	%
Charcoal/Liquid		1,839			560			30.4	%		1,152		342		29.7	%		687			59.7	%		218			63.6	%
Europe Consumer		2,199			656			29.8	%		1,785		622		34.8	%		414			23.2	%		34			5.5	%
Total Europe		8,240			3,852			46.7	%		8,778		3,650		41.6	%		(538	)		-6.1	%		202			5.5	%
CCC Totals	$	26,284		$	8,037			30.6	%	$	26,879	$	9,931		36.9	%		(596	)		-2.2	%		(1,894	)		-19.1	%

Attachment (A)

CALGON CARBON - BUSINESS PLATFORMS
SALES AND PGM ANALYSIS BY PLATFORM
December 2005

	Current Month Actual									Prior Year							Variations
	SALES			PGM			PGM%			SALES		PGM		PGM%			SALES			%			PGM			%
Americas Carbon	$	6,964		$	1,425			20.5	%	$	6,865	$	2,174		31.7	%	$	99			1.4	%	$	(749	)		-34.5	%
Americas Service		6,371			1,655			26.0	%		6,394		2,743		42.9	%		(23	)		-0.4	%		(1,088	)		-39.7	%
Americas Carbon & Service		13,334			3,080			23.1	%		13,259		4,917		37.1	%		75			0.6	%		(1,837	)		-37.4	%
Carbon Equipment		965			(49	)		-5.1	%		1,565		539		34.4	%		(600	)		-38.3	%		(588	)		-109.0	%
UV		353			150			42.4	%		388		197		50.8	%		(35	)		-9.0	%		(47	)		-23.9	%
ISEP		222			(26	)		-11.5	%		379		192		50.7	%		(157	)		-41.3	%		(218	)		-113.3	%
Municipal Odor		730			245			33.6	%		343		64		18.7	%		387			112.8	%		181			283.5	%
Solvent Recovery		792			322			40.6	%		1,002		178		17.8	%		(210	)		-21.0	%		144			80.7	%
Americas Equipment		3,063			643			21.0	%		3,677		1,170		31.8	%		(614	)		-16.7	%		(527	)		-45.1	%
CCI US		(11	)		(11	)		100.7	%		26		17		65.4	%		(37	)		-143.4	%		(28	)		-166.9	%
Homewellness		192			32			16.8	%		898		387		43.1	%		(706	)		-78.6	%		(355	)		-91.7	%
Americas Consumer		181			21			11.5	%		924		404		43.7	%		(743	)		-80.4	%		(383	)		-94.8	%
Total Americas		16,578			3,743			22.6	%		17,860		6,491		36.3	%		(1,282	)		-7.2	%		(2,748	)		-42.3	%
Asia Carbon		1,351			379			28.1	%		767		358		46.7	%		584			76.2	%		21			6.0	%
Asia Service		23			19			81.1	%		6		6		100.0	%		17			284.2	%		13			211.8	%
Asia Carbon & Service		1,374			398			29.0	%		773		364		47.1	%		601			77.8	%		34			9.4	%
Carbon Equipment		(8	)		(16	)		203.1	%		—		—		—			(8	)		—			(16	)		—
UV Asia		—			—			—			—		—		—			—			—			—			—
ISEP Asia		100			60			60.7	%		154		21		13.6	%		(54	)		-35.4	%		39			187.4	%
Solvent Recovery Asia		—			—			—			—		—		—			—			—			—			—
Asia Equipment		92			44			48.3	%		154		21		13.6	%		(62	)		-40.5	%		23			110.5	%
Total Asia		1,466			442			30.2	%		927		385		41.5	%		539			58.1	%		57			14.9	%
Europe Carbon		2,925			1,257			43.0	%		3,300		1,095		33.2	%		(375	)		-11.4	%		162			14.8	%
Europe Service		2,596			1,594			61.4	%		2,077		1,591		76.6	%		519			25.0	%		3			0.2	%
Europe Carbon & Service		5,521			2,851			51.6	%		5,377		2,686		50.0	%		144			2.7	%		165			6.1	%
Europe Equipment		519			345			66.4	%		851		114		13.4	%		(332	)		-39.0	%		231			202.4	%
CCI Europe		360			96			26.7	%		585		260		44.4	%		(225	)		-38.5	%		(164	)		-63.0	%
Charcoal/Liquid		1,839			560			30.4	%		2,002		566		28.3	%		(163	)		-8.1	%		(6	)		-1.1	%
Europe Consumer		2,199			656			29.8	%		2,587		826		31.9	%		(388	)		-15.0	%		(170	)		-20.6	%
Total Europe		8,240			3,852			46.7	%		8,815		3,626		41.1	%		(575	)		-6.5	%		226			6.2	%
CCC Totals	$	26,284		$	8,037			30.6	%	$	27,602	$	10,502		38.0	%		(1,318	)		-4.8	%		(2,465	)		-23.5	%

Attachment (A)

CALGON CARBON - BUSINESS PLATFORMS
SALES AND PGM ANALYSIS BY PLATFORM
December 2005

	YTD Actual							YTD Plan							Variations
	SALES		PGM		PGM%			SALES		PGM		PGM%			SALES			%			PGM			%
Americas Carbon	$	81,681	$	26,279		32.2	%	$	83,316	$	33,008		39.6	%	$	(1,635	)		-2.0	%	$	(6,729	)		-20.4	%
Americas Service		69,458		24,295		35.0	%		76,739		32,088		41.8	%		(7,281	)		-9.5	%		(7,793	)		-24.3	%
Americas Carbon & Service		151,139		50,574		33.5	%		160,055		65,096		40.7	%		(8,916	)		-5.6	%		(14,522	)		-22.3	%
Carbon Equipment		15,061		3,580		23.8	%		16,129		4,482		27.8	%		(1,068	)		-6.6	%		(902	)		-20.1	%
UV		4,762		1,605		33.7	%		5,914		2,036		34.4	%		(1,152	)		-19.5	%		(431	)		-21.1	%
ISEP		8,397		2,934		34.9	%		6,832		2,100		30.7	%		1,565			22.9	%		834			39.7	%
Municipal Odor		5,700		1,483		26.0	%		5,845		1,654		28.3	%		(145	)		-2.5	%		(171	)		-10.4	%
Solvent Recovery		9,340		2,853		30.5	%		9,099		2,510		27.6	%		241			2.7	%		343			13.7	%
Americas Equipment		43,261		12,456		28.8	%		43,819		12,782		29.2	%		(558	)		-1.3	%		(326	)		-2.6	%
CCI US		1,030		698		67.8	%		1,151		575		50.0	%		(121	)		-10.5	%		123			21.4	%
Homewellness		3,794		1,265		33.3	%		4,412		1,554		35.2	%		(618	)		-14.0	%		(289	)		-18.6	%
Americas Consumer		4,824		1,963		40.7	%		5,563		2,129		38.3	%		(739	)		-13.3	%		(166	)		-7.8	%
Total Americas		199,225		64,993		32.6	%		209,437		80,007		38.2	%		(10,212	)		-4.9	%		(15,014	)		-18.8	%
Asia Carbon		13,272		5,753		43.3	%		14,166		6,935		49.0	%		(894	)		-6.3	%		(1,182	)		-17.1	%
Asia Service		129		121		93.3	%		189		139		73.5	%		(60	)		-31.7	%		(18	)		-13.3	%
Asia Carbon & Service		13,401		5,873		43.8	%		14,355		7,074		49.3	%		(954	)		-6.6	%		(1,201	)		-17.0	%
Carbon Equipment		86		44		50.5	%		26		9		34.6	%		60			232.6	%		35			385.3	%
UV Asia		—		—		—			—		—		—			—			—			—			—
ISEP Asia		781		479		61.2	%		2,678		967		36.1	%		(1,897	)		-70.8	%		(488	)		-50.5	%
Solvent Recovery Asia		—		—		—			—		—		—			—			—			—			—
Asia Equipment		868		522		60.2	%		2,704		976		36.1	%		(1,836	)		-67.9	%		(454	)		-46.5	%
Total Asia		14,269		6,395		44.8	%		17,059		8,050		47.2	%		(2,790	)		-16.4	%		(1,655	)		-20.6	%
Europe Carbon		44,176		15,456		35.0	%		42,538		16,190		38.1	%		1,638			3.8	%		(734	)		-4.5	%
Europe Service		33,218		16,265		49.0	%		36,516		16,054		44.0	%		(3,298	)		-9.0	%		211			1.3	%
Europe Carbon & Service		77,394		31,720		41.0	%		79,054		32,244		40.8	%		(1,660	)		-2.1	%		(524	)		-1.6	%
Europe Equipment		6,654		1,867		28.1	%		7,681	��	1,571		20.5	%		(1,027	)		-13.4	%		296			18.8	%
CCI Europe		7,210		3,349		46.5	%		10,010		4,241		42.4	%		(2,800	)		-28.0	%		(892	)		-21.0	%
Charcoal/Liquid		30,037		7,549		25.1	%		30,715		8,283		27.0	%		(678	)		-2.2	%		(734	)		-8.9	%
Europe Consumer		37,247		10,898		29.3	%		40,725		12,524		30.8	%		(3,478	)		-8.5	%		(1,626	)		-13.0	%
Total Europe		121,294		44,485		36.7	%		127,460		46,339		36.4	%		(6,166	)		-4.8	%		(1,854	)		-4.0	%
CCC Totals	$	334,788	$	115,873		34.6	%	$	353,956	$	134,396		38.0	%	$	(19,168	)		-5.4	%	$	(18,523	)		-13.8	%

Attachment (A)

CALGON CARBON - BUSINESS PLATFORMS
SALES AND PGM ANALYSIS BY PLATFORM
December 2005

	YTD Actual							Prior YTD Actual							Variations
	SALES		PGM		PGM%			SALES		PGM		PGM%			SALES			%			PGM			%
Americas Carbon	$	81,681	$	26,279		32.2	%	$	91,802	$	34,180		37.2	%	$	(10,121	)		-11.0	%	$	(7,901	)		-23.1	%
Americas Service		69,458		24,295		35.0	%		72,248		31,205		43.2	%		(2,790	)		-3.9	%		(6,910	)		-22.1	%
Americas Carbon & Service		151,139		50,574		33.5	%		164,050		65,385		39.9	%		(12,911	)		-7.9	%		(14,811	)		-22.7	%
Carbon Equipment		15,061		3,580		23.8	%		10,299		3,439		33.4	%		4,762			46.2	%		141			4.1	%
UV		4,762		1,605		33.7	%		6,022		2,307		38.3	%		(1,260	)		-20.9	%		(702	)		-30.4	%
ISEP		8,397		2,934		34.9	%		8,980		2,331		26.0	%		(583	)		-6.5	%		603			25.9	%
Municipal Odor		5,700		1,483		26.0	%		3,644		785		21.5	%		2,056			56.4	%		698			88.9	%
Solvent Recovery		9,340		2,853		30.5	%		12,777		2,677		21.0	%		(3,437	)		-26.9	%		176			6.6	%
Americas Equipment		43,261		12,456		28.8	%		41,722		11,539		27.7	%		1,539			3.7	%		917			7.9	%
CCI US		1,030		698		67.8	%		646		414		64.1	%		384			59.4	%		284			68.6	%
Homewellness		3,794		1,265		33.3	%		2,774		1,049		37.8	%		1,020			36.8	%		216			20.6	%
Americas Consumer		4,824		1,963		40.7	%		3,420		1,463		42.8	%		1,404			41.1	%		500			34.2	%
Total Americas		199,225		64,993		32.6	%		209,192		78,387		37.5	%		(9,967	)		-4.8	%		(13,394	)		-17.1	%
Asia Carbon		13,272		5,753		43.3	%		10,195		5,038		49.4	%		3,077			30.2	%		715			14.2	%
Asia Service		129		121		93.3	%		77		71		92.2	%		52			67.7	%		50			69.8	%
Asia Carbon & Service		13,401		5,873		43.8	%		10,272		5,109		49.7	%		3,129			30.5	%		764			15.0	%
Carbon Equipment		86		44		50.5	%		28		16		57.1	%		58			208.8	%		28			173.0	%
UV Asia		—		—		—			—		—		—			—			—			—			—
ISEP Asia		781		479		61.2	%		6,748		2,468		36.6	%		(5,967	)		-88.4	%		(1,989	)		-80.6	%
Solvent Recovery Asia		—		—		—			—		—		—			—			—			—			—
Asia Equipment		868		522		60.2	%		6,776		2,484		36.7	%		(5,908	)		-87.2	%		(1,962	)		-79.0	%
Total Asia		14,269		6,395		44.8	%		17,048		7,593		44.5	%		(2,779	)		-16.3	%		(1,198	)		-15.8	%
Europe Carbon		44,176		15,456		35.0	%		37,940		14,374		37.9	%		6,236			16.4	%		1,082			7.5	%
Europe Service		33,218		16,265		49.0	%		33,238		16,046		48.3	%		(20	)		-0.1	%		219			1.4	%
Europe Carbon & Service		77,394		31,720		41.0	%		71,178		30,420		42.7	%		6,216						1,300
Europe Equipment		6,654		1,867		28.1	%		6,968		1,831		26.3	%		(314	)		-4.5	%		36			1.9	%
CCI Europe		7,210		3,349		46.5	%		7,022		2,853		40.6	%		188			2.7	%		496			17.4	%
Charcoal/Liquid		30,037		7,549		25.1	%		25,159		7,063		28.1	%		4,878			19.4	%		486			6.9	%
Europe Consumer		37,247		10,898		29.3	%		32,181		9,916		30.8	%		5,066			15.7	%		982			9.9	%
Total Europe		121,294		44,485		36.7	%		110,327		42,167		38.2	%		10,967			9.9	%		2,318			5.5	%
CCC Totals	$	334,788	$	115,873		34.6	%	$	336,567	$	128,147		38.1	%	$	(1,779	)		-0.5	%	$	(12,274	)		-9.6	%

Attachment (A)

CALGON CARBON - BUSINESS PLATFORMS
SALES AND PGM ANALYSIS BY PLATFORM
December 2005

	QTR Actual									QTR Plan							Variations
	SALES			PGM			PGM%			SALES		PGM		PGM%			SALES			%			PGM			%
Americas Carbon	$	20,479		$	5,967			29.1	%	$	19,250	$	7,360		38.2	%	$	1,229			6.4	%	$	(1,393	)		-18.9	%
Americas Service		18,065			5,524			30.6	%		18,708		7,748		41.4	%		(643	)		-3.4	%		(2,224	)		-28.7	%
Americas Carbon & Service		38,544			11,491			29.8	%		37,958		15,108		39.8	%		586			1.5	%		(3,617	)		-23.9	%
Carbon Equipment		3,410			528			15.5	%		3,974		1,055		26.5	%		(564	)		-14.2	%		(527	)		-50.0	%
UV		999			322			32.2	%		1,640		559		34.1	%		(641	)		-39.1	%		(237	)		-42.4	%
ISEP		691			95			13.8	%		694		221		31.8	%		(3	)		-0.4	%		(126	)		-56.9	%
Municipal Odor		1,486			401			26.9	%		1,334		379		28.4	%		152			11.4	%		22			5.7	%
Solvent Recovery		1,916			707			36.9	%		1,348		356		26.4	%		568			42.1	%		351			98.6	%
Americas Equipment		8,502			2,053			24.1	%		8,990		2,570		28.6	%		(488	)		-5.4	%		(517	)		-20.1	%
CCI US		96			71			73.8	%		259		130		50.2	%		(163	)		-62.9	%		(59	)		-45.5	%
Homewellness		1,315			341			25.9	%		2,315		815		35.2	%		(1,000	)		-43.2	%		(474	)		-58.2	%
Americas Consumer		1,411			412			29.2	%		2,574		945		36.7	%		(1,163	)		-45.2	%		(533	)		-56.4	%
Total Americas		48,458			13,956			28.8	%		49,522		18,623		37.6	%		(1,064	)		-2.1	%		(4,667	)		-25.1	%
Asia Carbon		4,052			1,471			36.3	%		3,712		1,596		43.0	%		340			9.1	%		(125	)		-7.8	%
Asia Service		31			22			71.8	%		84		53		63.1	%		(53	)		-63.6	%		(31	)		-58.5	%
Asia Carbon & Service		4,082			1,493			36.6	%		3,796		1,649		43.4	%		286			7.5	%		(156	)		-9.4	%
Carbon Equipment		(1	)		(12	)		932.9	%		—		—		—			(1	)		—			(12	)		—
UV Asia		—			—			—			—		—		—			—			—			—			—
ISEP Asia		283			186			65.7	%		710		256		36.1	%		(427	)		-60.2	%		(70	)		-27.4	%
Solvent Recovery Asia		—			—			—			—		—		—			—			—			—			—
Asia Equipment		281			174			61.8	%		710		256		36.1	%		(429	)		-60.4	%		(82	)		-32.1	%
Total Asia		4,364			1,667			38.2	%		4,506		1,905		42.3	%		(142	)		-3.2	%		(238	)		-12.5	%
Europe Carbon		9,992			3,472			34.7	%		11,363		4,401		38.7	%		(1,371	)		-12.1	%		(929	)		-21.1	%
Europe Service		8,149			4,199			51.5	%		9,357		4,056		43.3	%		(1,208	)		-12.9	%		143			3.5	%
Europe Carbon & Service		18,141			7,671			42.3	%		20,720		8,457		40.8	%		(2,579	)		-12.4	%		(786	)		-9.3	%
Europe Equipment		1,480			675			45.6	%		2,186		420		19.2	%		(706	)		-32.3	%		255			60.7	%
CCI Europe		1,544			593			38.4	%		3,452		1,481		42.9	%		(1,908	)		-55.3	%		(888	)		-60.0	%
Charcoal/Liquid		4,146			1,225			29.5	%		3,845		1,352		35.2	%		301			7.8	%		(127	)		-9.4	%
Europe Consumer		5,690			1,817			31.9	%		7,297		2,833		38.8	%		(1,607	)		-22.0	%		(1,016	)		-35.8	%
Total Europe		25,311			10,163			40.2	%		30,203		11,710		38.8	%		(4,892	)		-16.2	%		(1,547	)		-13.2	%
CCC Totals	$	78,133		$	25,786			33.0	%	$	84,231	$	32,238		38.3	%	$	(6,098	)		-7.2	%	$	(6,452	)		-20.0	%

Attachment (A)

CALGON CARBON - BUSINESS PLATFORMS
SALES AND PGM ANALYSIS BY PLATFORM
December 2005

	QTR Actual									Prior Year QTR							Variations
	SALES			PGM			PGM%			SALES		PGM		PGM%			SALES			%			PGM			%
Americas Carbon	$	20,479		$	5,967			29.1	%	$	20,733	$	7,395		35.7	%	$	(254	)		-1.2	%	$	(1,428	)		-19.3	%
Americas Service		18,065			5,524			30.6	%		19,210		8,221		42.8	%		(1,145	)		-6.0	%		(2,697	)		-32.8	%
Americas Carbon & Service		38,544			11,491			29.8	%		39,943		15,616		39.1	%		(1,399	)		-3.5	%		(4,125	)		-26.4	%
Carbon Equipment		3,410			528			15.5	%		4,508		1,411		31.3	%		(1,098	)		-24.4	%		(883	)		-62.6	%
UV		999			322			32.2	%		1,474		631		42.8	%		(475	)		-32.2	%		(309	)		-48.9	%
ISEP		691			95			13.8	%		3,139		595		19.0	%		(2,448	)		-78.0	%		(500	)		-84.0	%
Municipal Odor		1,486			401			26.9	%		1,256		246		19.6	%		230			18.3	%		155			62.8	%
Solvent Recovery		1,916			707			36.9	%		2,982		579		19.4	%		(1,066	)		-35.8	%		128			22.1	%
Americas Equipment		8,502			2,053			24.1	%		13,359		3,462		25.9	%		(4,857	)		-36.4	%		(1,409	)		-40.7	%
CCI US		96			71			73.8	%		93		61		65.6	%		3			3.3	%		10			16.2	%
Homewellness		1,315			341			25.9	%		1,527		606		39.7	%		(212	)		-13.9	%		(265	)		-43.8	%
Americas Consumer		1,411			412			29.2	%		1,620		667		41.2	%		(209	)		-12.9	%		(255	)		-38.3	%
Total Americas		48,458			13,956			28.8	%		54,922		19,745		36.0	%		(6,464	)		-11.8	%		(5,789	)		-29.3	%
Asia Carbon		4,052			1,471			36.3	%		3,192		1,309		41.0	%		860			26.9	%		162			12.4	%
Asia Service		31			22			71.8	%		21		15		71.4	%		10			45.7	%		7			46.6	%
Asia Carbon & Service		4,082			1,493			36.6	%		3,213		1,324		41.2	%		869			27.1	%		169			12.8	%
Carbon Equipment		(1	)		(12	)		932.9	%		16		9		56.3	%		(17	)		-108.0	%		(21	)		-232.4	%
UV Asia		—			—			—			—		—		—			—			—			—			—
ISEP Asia		283			186			65.7	%		512		62		12.1	%		(229	)		-44.8	%		124			199.6	%
Solvent Recovery Asia		—			—			—			—		—		—			—			—			—			—
Asia Equipment		281			174			61.8	%		528		71		13.4	%		(247	)		-46.7	%		103			144.8	%
Total Asia		4,364			1,667			38.2	%		3,741		1,395		37.3	%		623			16.6	%		272			19.5	%
Europe Carbon		9,992			3,472			34.7	%		10,294		3,792		36.8	%		(302	)		-2.9	%		(320	)		-8.4	%
Europe Service		8,149			4,199			51.5	%		8,176		4,747		58.1	%		(27	)		-0.3	%		(548	)		-11.5	%
Europe Carbon & Service		18,141			7,671			42.3	%		18,470		8,539		46.2	%		(329	)		-1.8	%		(868	)		-10.2	%
Europe Equipment		1,480			675			45.6	%		1,670		537		32.2	%		(190	)		-11.4	%		138			25.6	%
CCI Europe		1,544			593			38.4	%		2,007		895		44.6	%		(463	)		-23.1	%		(302	)		-33.8	%
Charcoal/Liquid		4,146			1,225			29.5	%		4,391		1,356		30.9	%		(245	)		-5.6	%		(131	)		-9.7	%
Europe Consumer		5,690			1,817			31.9	%		6,398		2,251		35.2	%		(708	)		-11.1	%		(434	)		-19.3	%
Total Europe		25,311			10,163			40.2	%		26,538		11,327		42.7	%		(1,227	)		-4.6	%		(1,164	)		-10.3	%
CCC Totals	$	78,133		$	25,786			33.0	%	$	85,201	$	32,467		38.1	%	$	(7,068	)		-8.3	%	$	(6,681	)		-20.6	%

Attachment (A)

Calgon Carbon Corporation

Segment Data - Continuing Operations:

Segment Sales	4Q05		4Q04		YTD 2005		YTD 2004
Carbon and Service		60,767		61,626		241,934		245,500
Equipment		7,536		11,489		36,867		39,936
Consumer		2,956		3,626		12,034		10,441
Total Sales (thousands)	$	71,259	$	76,741	$	290,835	$	295,877

Segment Operating Income (loss)*		4Q05			4Q04			YTD 2005			YTD 2004
Carbon and Service		2,637			7,337			16,009			32,317
Equipment		(3,049	)		(688	)		(5,255	)		(2,209	)
Consumer		(315	)		546			(302	)		(98	)
Total Income (Loss) from continuing operations (thousands)	$	(727	)	$	7,195		$	10,452		$	30,010

* Before depreciation, amortization, and restructuring charges

Attachment (A)

CALGON  CARBON  CORPORATION
INCOME  STATEMENT  - CONSOLIDATED
DECEMBER, 2005 - RESTATED

		CURRENT MONTH																		YEAR TO DATE
$(000’S)		ACTUAL						PLAN						PRIOR YEAR						ACTUAL						PLAN						PRIOR YEAR
		$			%			$			%			$			%			$			%			$			%			$			%
NET SALES		$	26,284			100.0		$	25,402			100.0		$	27,602			100.0		$	334,788			100.0		$	353,956			100.0		$	336,567			100.0
COST OF SALES (AT STANDARD)			18,247			69.4			15,733			61.9			17,100			62.0			218,915			65.4			219,560			62.0			208,420			61.9
VARIABLE PRODUCT GROSS MARGIN @ STD.			8,037			30.6			9,669			38.1			10,502			38.0			115,873			34.6			134,396			38.0			128,147			38.1
VARIANCES			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
VARIABLE PRODUCT GROSS MARGIN @ ACT.			8,037			30.6			9,669			38.1			10,502			38.0			115,873			34.6			134,396			38.0			128,147			38.1
PERIOD COSTS
PLANT OVERHEAD			1,432			5.4			1,615			6.4			1,534			5.6			18,050			5.4			19,212			5.4			20,462			6.1
PRODUCTION SERVICE EXPENSE			1,238			4.7			1,054			4.1			991			3.6			13,013			3.9			12,866			3.6			11,570			3.4
STD’S PROVISION / LIFO PROVISION			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
TOTAL			2,670			10.2			2,669			10.5			2,525			9.1			31,063			9.3			32,078			9.1			32,032			9.5
DEPRECIATION EXPENSE			1,269			4.8			1,529			6.0			2,071			7.5			20,099			6.0			20,748			5.9			21,013			6.2
GROSS MARGIN			4,098			15.6			5,471			21.5			5,906			21.4			64,711			19.3			81,570			23.0			75,102			22.3
	��
OPERATING EXPENSES
SELLING EXPENSE			1,272			4.8			1,687			6.6			1,707			6.2			17,561			5.2			19,886			5.6			20,414			6.1
MARKETING EXPENSE			479			1.8			439			1.7			237			0.9			4,650			1.4			4,861			1.4			4,536			1.3
MANUFACTURING/ENGINEERING EXPENSE			402			1.5			346			1.4			506			1.8			5,715			1.7			4,246			1.2			5,270			1.6
RESEARCH AND DEVELOPMENT EXPENSE			439			1.7			344			1.4			345			1.2			4,506			1.3			4,259			1.2			3,801			1.1
GENERAL AND ADMINISTRATIVE			4,233			16.1			2,566			10.1			2,129			7.7			36,223			10.8			29,658			8.4			28,093			8.3
EMPLOYEE GROWTH SHARING PLAN			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
TOTAL			6,825			26.0			5,382			21.2			4,924			17.8			68,655			20.5			62,910			17.8			62,114			18.5
OPERATING INCOME BEF RESTRUCT. CHARGE			(2,727	)		(10.4	)		89			0.4			982			3.6			(3,944	)		(1.2	)		18,660			5.3			12,988			3.9
RESTRUCTURING CHARGE			(17	)		(0.1	)		0			0.0			0			0.0			2,570			0.8			0			0.0			0			0.0
OPERATING INCOME			(2,710	)		(10.3	)		89			0.4			982			3.6			(6,514	)		(1.9	)		18,660			5.3			12,988			3.9
OTHER INCOME (EXPENSE)
EQUITY INCOME			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
NET FOREIGN EXCHANGE			(52	)		(0.2	)		0			0.0			72			0.3			(139	)		(0.0	)		0			0.0			(1,002	)		(0.3	)
OTHER			(603	)		(2.3	)		(352	)		(1.4	)		(265	)		(1.0	)		(3,919	)		(1.2	)		(3,909	)		(1.1	)		(4,282	)		(1.3	)
TOTAL			(655	)		(2.5	)		(352	)		(1.4	)		(193	)		(0.7	)		(4,058	)		(1.2	)		(3,909	)		(1.1	)		(5,284	)		(1.6	)
INCOME BEFORE INTEREST AND TAXES			(3,365	)		(12.8	)		(263	)		(1.0	)		789			2.9			(10,572	)		(3.2	)		14,751			4.2			7,704			2.3
INTEREST (INCOME) EXPENSE
(INCOME)			(83	)		(0.3	)		(50	)		(0.2	)		(62	)		(0.2	)		(719	)		(0.2	)		(600	)		(0.2	)		(697	)		(0.2	)
EXPENSE			416			1.6			392			1.5			343			1.2			4,891			1.5			4,446			1.3			3,409			1.0
TOTAL			333			1.3			342			1.3			281			1.0			4,172			1.2			3,846			1.1			2,712			0.8
INCOME BEFORE TAXES			(3,698	)		(14.1	)		(605	)		(2.4	)		508			1.8			(14,744	)		(4.4	)		10,905			3.1			4,992			1.5
TAX PROVISION			(1,404	)		(5.3	)		(122	)		(0.5	)		(371	)		(1.3	)		(8,053	)		(2.4	)		3,138			0.9			170			0.1
INCOME BEF MINORITY INTEREST & EQUITY INCOME(LOSS)			(2,294	)		(8.7	)		(483	)		(1.9	)		879			3.2			(6,691	)		(2.0	)		7,768			2.2			4,822			1.4
EQUITY IN INCOME (LOSS)			(1,796	)		(6.8	)		155			0.6			70			0.3			(725	)		(0.2	)		723			0.2			1,000			0.3
MINORITY INTEREST			0			0.0			(1	)		(0.0	)		16			0.1			0			0.0			(21	)		(0.0	)		66			0.0
INCOME BEFORE CHANGE IN ACCOUNTING PRINCIPLE			(4,090	)		(15.6	)		(329	)		(1.3	)		965			3.5			(7,416	)		(3.4	)		8,470			3.9			5,888			2.8
CUMUL EFFECT CHANGE IN ACCOUNTING PRINCIPLE			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
NET INCOME		$	(4,090	)		(15.6	)	$	(329	)		(1.3	)	$	965			3.5		$	(7,416	)		(2.2	)	$	8,470			2.4		$	5,888			1.7
NET INCOME PER SHARE BEF CHANGE ACCTG PRINC.		$	(0.10	)				$	(0.01	)				$	0.02					$	(0.19	)				$	0.22					$	0.15
CUMULATIVE EFFECT CHANGE ACCTG PRINC.		$	0.00					$	0.00					$	0.00					$	0.00					$	0.00					$	0.00
ADJUSTED NET INCOME PER SHARE		$	(0.10	)				$	(0.01	)				$	0.02					$	(0.19	)				$	0.22					$	0.15

Attachment (A)

CALGON  CARBON  CORPORATION
CONSOLIDATING  INCOME  STATEMENT  - MONTH
DECEMBER, 2005 - RESTATED

$(000’S)	CALG CARB PARENT			BSC COLUMBUS			CCC DISTRIBUTION		CCOT CANADA		CCC COLUMBUS			C.C. INVESTMENTS			CANADA TRAD’L			AST		C.C. ASIA			DATONG CARBON
NET SALES
TRADE	$	17,470		$	0		$	0	$	0	$	0		$	0		$	498		$	0	$	0		$	0
AFFILIATES		1,508			0			455		0		0			0			0			0		0			598
TOTAL		18,978			0			455		0		0			0			498			0		0			598
COST OF SALES (@STD)		14,103			0			421		0		0			0			594			0		0			474
VARIABLE PGM @ STD		4,875			0			34		0		0			0			(96	)		0		0			124
VARIANCES		160			0			0		0		0			0			0			0		0			0
VARIABLE PGM @ ACTUAL		4,715			0			34		0		0			0			(96	)		0		0			124
PERIOD COSTS
PLANT OVERHEAD		1,029			0			0		0		0			0			0			0		0			69
PRODUCTION SERVICE EXP		1,047			0			0		0		0			0			0			0		0			0
STD’S REVISION / LIFO PROVISION		0			0			0		0		0			0			0			0		0			0
TOTAL		2,076			0			0		0		0			0			0			0		0			69
DEPRECIATION EXPENSE		1,060			1			0		0		1			0			0			0		0			(79	)
GROSS MARGIN		1,579			(1	)		34		0		(1	)		0			(96	)		0		0			134
OPERATING EXPENSES
SELLING EXPENSE		962			0			0		0		0			0			82			0		(2)			0
MARKETING EXPENSE		407			0			0		0		0			0			0			0		0			0
MANUFACT/ENG EXPENSE		331			0			0		0		0			0			0			0		0			0
R&D EXPENSE		413			0			0		0		0			0			0			0		0			0
G&A EXPENSE		3,650			0			0		0		0			0			0			0		0			34
EGSP		0			0			0		0		0			0			0			0		0			0
ALLOCATED EXPENSES		18			0			0		0		0			6			0			0		0			0
TOTAL		5,781			0			0		0		0			6			82			0		(2)			34
OPER INC BEF RESTRUCTING		(4,202	)		(1	)		34		0		(1	)		(6	)		(178	)		0		2			100
RESTRUCTURING CHARGE		(17	)		0			0		0		0			0			0			0		0			0
OPERATING INCOME		(4,185	)		(1	)		34		0		(1	)		(6	)		(178	)		0		2			100
OTHER INCOME (EXPENSE)
EQUITY INCOME		0			0			0		0		0			0			0			0		0			0
NET FOREIGN EXCHANGE		5			0			0		0		0			0			(9	)		0		0			0
OTHER		(63	)		(1	)		0		0		(2	)		(18	)		59			0		0			1
INTERCOMPANY		3			0			0		0		0			45			0			0		0			0
TOTAL		(55	)		(1	)		0		0		(2	)		27			50			0		0			1
INCOME BEF INT & TAXES		(4,240	)		(2	)		34		0		(3	)		21			(128	)		0		2			101
INTEREST (INCOME) EXPENSE (INCOME)		(10	)		0			0		0		0			0			(10	)		0		0			(1	)
EXPENSE		452			0			0		0		0			0			0			0		0			0
INTERCOMPANY		1,029			0			0		0		0			(1,145)			0			0		0			0
TOTAL		1,471			0			0		0		0			(1,145)			(10)			0		0			(1)
INCOME BEFORE TAXES		(5,711	)		(2	)		34		0		(3	)		1,166			(118	)		0		2			102
TAX PROVISION		(1,705	)		0			0		0		0			0			(98	)		0		(1	)		0
INCOME BEF MIN INT & EQTY INC		(4,006	)		(2	)		34		0		(3	)		1,166			(20	)		0		3			102
EQUITY IN INCOME (LOSS)		0			0			0		0		0			0			0			0		0			0
MINORITY INTEREST		0			0			0		0		0			0			0			0		0			0
INCOME BEF CHG ACCT PRINCIPLE		(4,006	)		(2	)		34		0		(3	)		1,166			(20	)		0		3			102
CUML EFFECT CHG ACCTG PRIN		0			0			0		0		0			0			0			0		0			0
NET INCOME	$	(4,006	)	$	(2	)	$	34	$	0	$	(3	)	$	1,166		$	(20	)	$	0	$	3		$	102

$(000’S)	C.C. TIANJIN LTD			CALGON MITSUBISHI			ELIM’S			TOTAL DOMESTIC			TOTAL EUROPE									TOTAL EUROPE			Elim’s			TOTAL CONSOL.
NET SALES
TRADE	$	76		$	0		$	0		$	18,044		$	8,240		$	(213,494	)	$	(121,294	)	$	121,294		$	0		$	26,284
AFFILIATES		818			0			(2,049	)		1,330			304			(18,205	)		(4,785	)		4,785			(1,634	)		0
TOTAL		894			0			(2,049	)		19,374			8,544			(231,699	)		(126,079	)		126,079			(1,634	)		26,284
COST OF SALES (@ STD)		769			155			(1,806	)		14,710			4,788			(156,628	)		(80,306	)		80,306			(1,251	)		18,247
VARIABLE PGM @ STD		125			(155	)		(243	)		4,664			3,756			(75,071	)		(45,773	)		45,773			(383	)		8,037
VARIANCES		125			0			(243	)		42			341			(736	)		(4,235	)		4,235			(383	)		0
VARIABLE PGM @ ACTUAL		0			(155	)		0			4,622			3,415			(74,335	)		(41,538	)		41,538			0			8,037
PERIOD COSTS
PLANT OVERHEAD		(9	)		0			0			1,089			343			(11,488	)		(6,562	)		6,562			0			1,432
PRODUCTION SERVICE EXP		19			0			0			1,066			172			(10,261	)		(2,752	)		2,752			0			1,238
STD’S REVISION / LIFO PROVISION		0			0			0			0			0			0			0			0			0			0
TOTAL		10			0			0			2,155			515			(21,749	)		(9,314	)		9,314			0			2,670
DEPRECIATION EXPENSE		14			0			0			997			272			(15,910	)		(4,189	)		4,189			0			1,269
GROSS MARGIN		(24	)		(155	)		0			1,470			2,628			(36,676	)		(28,035	)		28,035			0			4,098
OPERATING EXPENSES
SELLING EXPENSE		8			0			0			1,050			222			(12,476	)		(5,085	)		5,085			0			1,272
MARKETING EXPENSE		0			0			0			407			72			(3,483	)		(1,167)			1,167			0			479
MANUFACT/ENG EXPENSE		0			0			0			331			71			(4,704	)		(1,011	)		1,011			0			402
R&D EXPENSE		0			0			0			413			26			(4,153	)		(353	)		353			0			439
G&A EXPENSE		65			0			0			3,749			484			(28,952	)		(7,271	)		7,271			0			4,233
EGSP		0			0			0			0			0			0			0			0			0			0
ALLOCATED EXPENSES		0			0			0			24			(24	)		1,780			(1,780	)		1,780			0			0
TOTAL		73			0			0			5,974			851			(51,988	)		(16,667	)		16,667			0			6,825
OPER INC BEF RESTRUCTING		(97	)		(155	)		0			(4,504	)		1,777			15,312			(11,368	)		11,368			0			(2,727	)
RESTRUCTURING CHARGE		0			0			0			(17	)		0			(2,566	)		(4	)		4			0			(17	)
OPERATING INCOME		(97	)		(155	)		0			(4,487	)		1,777			17,878			(11,364	)		11,364			0			(2,710	)
OTHER INCOME (EXPENSE)
EQUITY INCOME		0			0			0			0			0			0			0			0			0			0
NET FOREIGN EXCHANGE		(1	)		0			0			(5	)		(47	)		97			42			(42	)		0			(52	)
OTHER		(1	)		0			0			(25	)		(578	)		2,663			1,256			(1,256	)		0			(603	)
INTERCOMPANY		0			0			0			48			(48	)		(529	)		529			(529	)		0			0
TOTAL		(2	)		0			0			18			(673	)		2,231			1,827			(1,827	)		0			(655	)
INCOME BEF INT & TAXES		(99	)		(155	)		0			(4,469	)		1,104			20,109			(9,537	)		9,537			0			(3,365	)
INTEREST (INCOME) EXPENSE (INCOME)		0			0			0			(21	)		(62	)		333			386			(386	)		0			(83	)
EXPENSE		0			0			0			452			(36	)		(4,351	)		(540	)		540			0			416
INTERCOMPANY		0			0			0			(116	)		116			500			(500	)		500			0			0
TOTAL		0			0			0			315			18			(3,518	)		(654	)		654			0			333
INCOME BEFORE TAXES		(99	)		(155	)		0			(4,784	)		1,086			23,627			(8,883	)		8,883			0			(3,698	)
TAX PROVISION		0			0			0			(1,804)			400			11,145			(3,092)			3,092			0			(1,404	)
INCOME BEF MIN INT & EQTY INC		(99	)		(155	)		0			(2,980	)		686			12,482			(5,791	)		5,791			0			(2,294	)
EQUITY IN INCOME (LOSS)		0			(1,799	)		3			(1,796	)		0			725			0			0			0			(1,796	)
MINORITY INTEREST		0			0			0			0			0			0			0			0			0			0
INCOME BEF CHG ACCT PRINCIPLE		(99	)		(1,954	)		3			(4,776	)		686			13,207			(5,791	)		5,791			0			(4,090	)
CUML EFFECT CHG ACCTG PRIN		0			0			0			0			0			0			0			0			0			0
NET INCOME	$	(99	)	$	(1,954	)	$	3		$	(4,776	)	$	686		$	0		$	0		$	0		$	0		$	(4,090	)

Attachment (A)

CALGON CARBON CORPORATION
INCOME STATEMENT - CONSOLIDATED
DECEMBER, 2005 - RESTATED

	THREE MONTHS ENDED																		YEAR TO DATE
	ACTUAL						PLAN						PRIOR YEAR						ACTUAL						PLAN						PRIOR YEAR
$(000’S)	$			%			$			%			$			%			$			%			$			%			$			%
NET SALES	$	78,133			100.0		$	84,231			100.0		$	85,201			100.0		$	334,788			100.0		$	353,956			100.0		$	336,567			100.0
COST OF SALES (AT STANDARD)		52,347			67.0			51,993			61.7			52,734			61.9			218,915			65.4			219,560			62.0			208,420			61.9
VARIABLE PRODUCT GROSS MARGIN @ STD.		25,786			33.0			32,238			38.3			32,467			38.1			115,873			34.6			134,396			38.0			128,147			38.1
VARIANCES		0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
VARIABLE PRODUCT GROSS MARGIN @ ACT.		25,786			33.0			32,238			38.3			32,467			38.1			115,873			34.6			134,396			38.0			128,147			38.1
PERIOD COSTS
PLANT OVERHEAD		4,270			5.5			4,727			5.6			5,192			6.1			18,050			5.4			19,212			5.4			20,462			6.1
PRODUCTION SERVICE EXPENSE		3,405			4.4			3,166			3.8			2,903			3.4			13,013			3.9			12,866			3.6			11,570			3.4
STD’S PROVISION / LIFO PROVISION		0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
TOTAL		7,675			9.8			7,893			9.4			8,095			9.5			31,063			9.3			32,078			9.1			32,032			9.5
DEPRECIATION EXPENSE		4,710			6.0			4,990			5.9			5,750			6.7			20,099			6.0			20,748			5.9			21,013			6.2
GROSS MARGIN		13,401			17.2			19,355			23.0			18,622			21.9			64,711			19.3			81,570			23.0			75,102			22.3
OPERATING EXPENSES
SELLING EXPENSE		4,332			5.5			4,979			5.9			5,246			6.2			17,561			5.2			19,886			5.6			20,414			6.1
MARKETING EXPENSE		1,259			1.6			1,167			1.4			1,106			1.3			4,650			1.4			4,861			1.4			4,536			1.3
MANUFACTURING/ENGINEERING EXPENSE		1,094			1.4			1,044			1.2			1,446			1.7			5,715			1.7			4,246			1.2			5,270			1.6
RESEARCH AND DEVELOPMENT EXPENSE		1,193			1.5			1,043			1.2			973			1.1			4,506			1.3			4,259			1.2			3,801			1.1
GENERAL AND ADMINISTRATIVE		9,798			12.5			7,739			9.2			7,514			8.8			36,223			10.8			29,658			8.4			28,093			8.3
EMPLOYEE GROWTH SHARING PLAN		0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
TOTAL		17,676			22.6			15,972			19.0			16,285			19.1			68,655			20.5			62,910			17.8			62,114			18.5
OPERATING INCOME BEF RESTRUCT. CHARGE		(4,275	)		(5.5	)		3,383			4.0			2,337			2.7			(3,944	)		(1.2	)		18,660			5.3			12,988			3.9
RESTRUCTURING CHARGE		(11	)		(0.0	)		0			0.0			0			0.0			2,570			0.8			0			0.0			0			0.0
OPERATING INCOME		(4,264	)		(5.5	)		3,383			4.0			2,337			2.7			(6,514	)		(1.9	)		18,660			5.3			12,988			3.9
OTHER INCOME (EXPENSE)
EQUITY INCOME		0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
NET FOREIGN EXCHANGE		2			0.0			0			0.0			(124	)		(0.1	)		(139	)		(0.0	)		0			0.0			(1,002	)		(0.3	)
OTHER		(1,338	)		(1.7	)		(1,047	)		(1.2	)		(1,028	)		(1.2	)		(3,919	)		(1.2	)		(3,909	)		(1.1	)		(4,282	)		(1.3	)
TOTAL		(1,336	)		(1.7	)		(1,047	)		(1.2	)		(1,152	)		(1.4	)		(4,058	)		(1.2	)		(3,909	)		(1.1	)		(5,284	)		(1.6	)
INCOME BEFORE INTEREST AND TAXES		(5,600	)		(7.2	)		2,336			2.8			1,185			1.4			(10,572	)		(3.2	)		14,751			4.2			7,704			2.3
INTEREST (INCOME) EXPENSE (INCOME)		(161	)		(0.2	)		(150	)		(0.2	)		(168	)		(0.2	)		(719	)		(0.2	)		(600	)		(0.2	)		(697	)		(0.2	)
EXPENSE		1,313			1.7			1,163			1.4	��		977			1.1			4,891			1.5			4,446			1.3			3,409			1.0
TOTAL		1,152			1.5			1,013			1.2			809			0.9			4,172			1.2			3,846			1.1			2,712			0.8
INCOME BEFORE TAXES		(6,752	)		(8.6	)		1,323			1.6			376			0.4			(14,744	)		(4.4	)		10,905			3.1			4,992			1.5
TAX PROVISION		(2,847	)		(3.6	)		432			0.5			(376	)		(0.4	)		(8,053	)		(2.4	)		3,138			0.9			170			0.1
INCOME BEF MINORITY INTEREST & EQUITY INCOME(LOSS)		(3,905	)		(5.0	)		891			1.1			752			0.9			(6,691	)		(2.0	)		7,768			2.2			4,822			1.4
EQUITY IN INCOME (LOSS)		(1,745	)					277						152						(725	)					723						1,000
MINORITY INTEREST		0			0.0			(4	)		(0.0	)		18			0.0			0			0.0			(21	)		(0.0	)		66			0.0
INCOME BEFORE CHANGE IN ACCOUNTING PRINCIPLE		(5,650	)		(7.2	)		1,164			1.4			922			1.1			(7,416	)		(2.2	)		8,470			2.4			5,888			1.7
CUMUL EFFECT CHANGE IN ACCOUNTING PRINCIPLE		0			0.0			0			0.0			0			0.0			0			0.0			0			0.0			0			0.0
NET INCOME	$	(5,650	)		(7.2	)	$	1,164			1.4		$	922			1.1		$	(7,416	)		(2.2	)	$	8,470			2.4		$	5,888			1.7
NET INCOME PER SHARE BEF CHANGE ACCTG PRINC.	$	(0.14	)				$	0.03					$	0.02					$	(0.19	)				$	0.22					$	0.15
CUMULATIVE EFFECT CHANGE ACCTG PRINC.	$	0.00					$	0.00					$	0.00					$	0.00					$	0.00					$	0.00
NET INCOME PER SHARE	$	(0.14	)				$	0.03					$	0.02					$	(0.19	)				$	0.22					$	0.15

Attachment (A)

CALGON CARBON CORPORATION
CONSOLIDATING INCOME STATEMENT - YEAR TO DATE
DECEMBER, 2005 - RESTATED

$(000’S)	CALG CARB PARENT			BSC  COLUMBUS			CCC DISTRIBUTION			CCOT CANADA		CCC COLUMBUS			C.C. INVESTMENTS			CANADA TRAD’L			AST		C.C. ASIA
NET SALES
TRADE	$	205,552		$	0		$	0		$	0	$	0		$	0		$	7,424		$	0	$	0
AFFILIATES		20,529			0			5,131			0		0			0			0			0		0
TOTAL		226,081			0			5,131			0		0			0			7,424			0		0
COST OF SALES (@ STD)		152,425			0			5,181			0		0			0			5,663			0		0
VARIABLE PGM @ STD		73,656			0			(50	)		0		0			0			1,761			0		0
VARIANCES		2,240			0			0			0		0			0			0			0		0
VARIABLE PGM@ACTUAL		71,416			0			(50	)		0		0			0			1,761			0		0
PERIOD COSTS
PLANT OVERHEAD		11,279			0			0			0		0			0			0			0		0
PRODUCTION SERVICE EXP		10,162			0			0			0		0			0			0			0		0
STD’S REVISION / LIFO PROVISION		0			0			0			0		0			0			0			0		0
TOTAL		21,441			0			0			0		0			0			0			0		0
DEPRECIATION EXPENSE		15,314			11			0			0		15			0			0			0		0
GROSS MARGIN		34,661			(11	)		(50	)		0		(15	)		0			1,761			0		0
OPERATING EXPENSES
SELLING EXPENSE		11,513			0			0			0		0			(6	)		914			0		(17	)
MARKETING EXPENSE		3,483			0			0			0		0			0			0			0		0
MANUFACT/ENG EXPENSE		4,704			0			0			0		0			0			0			0		0
R&D EXPENSE		4,153			0			0			0		0			0			0			0		0
G&A EXPENSE		28,409			0			0			0		0			0			0			0		0
EGSP		0			0			0			0		0			0			0			0		0
ALLOCATED EXPENSES		(1,932	)		0			0			0		0			70			82			0		0
TOTAL		50,330			0			0			0		0			64			996			0		(17	)
OPER INC BEF RESTRUCTING		(15,669	)		(11	)		(50	)		0		(15	)		(64	)		765			0		17
RESTRUCTURING CHARGE		2,566			0			0			0		0			0			0			0		0
OPERATING INCOME		(18,235	)		(11	)		(50	)		0		(15	)		(64	)		765			0		17
OTHER INCOME (EXPENSE)
EQUITY INCOME		0			0			0			0		0			0			0			0		0
NET FOREIGN EXCHANGE		15			0			0			0		0			0			(95	)		0		0
OTHER		(2,688	)		222			0			0		(16	)		(208	)		27			0		0
INTERCOMPANY		5			0			0			0		0			524			0			0		0
TOTAL		(2,668	)		222			0			0		(16	)		316			(68	)		0		0
INCOME BEF INT & TAXES		(20,903	)		211			(50	)		0		(31	)		252			697			0		17
INTEREST (INCOME) EXPENSE
(INCOME)		(319	)		0			0			0		0			0			(12	)		0		0
EXPENSE		4,351			0			0			0		0			0			0			0		0
INTERCOMPANY		11,892			0			0			0		0			(12,392	)		0			0		0
TOTAL		15,924			0			0			0		0			(12,392	)		(12	)		0		0
INCOME BEFORE TAXES		(36,827	)		211			(50	)		0		(31	)		12,644			709			0		17
TAX PROVISION		(11,391	)		0			0			0		0			0			247			0		(1	)
INCOME BEF MIN INT & EQTY INC		(25,436	)		211			(50	)		0		(31	)		12,644			462			0		18
EQUITY IN INCOME (LOSS)
MINORITY INTEREST		0			0			0			0		0			0			0			0		0
INCOME BEF CHG ACCT PRINCIPLE		(25,436	)		211			(50	)		0		(31	)		12,644			462			0		18
CUML EFFECT CHG ACCTG PRIN
NET INCOME	$	(25,436	)	$	211		$	(50	)	$	0	$	(31	)	$	12,644		$	462		$	0	$	18

$(000’S)	DATONG CARBON			C.C. TIANJIN LTD			CALGON MITSUBISHI			ELIM’S			TOTAL DOMESTIC			TOTAL EUROPE			Elim’s			TOTAL CONSOL.
NET SALES
TRADE	$	0		$	518		$	0					$	213,494		$	121,294					$	334,788
AFFILIATES		5,152			10,729			0			(23,336	)		18,205			4,785			(22,990	)		0
TOTAL		5,152			11,247			0			(23,336	)		231,699			126,079			(22,990	)		334,788
COST OF SALES (@ STD)		4,202			9,917			122			(20,882	)		156,628			80,306			(18,019	)		218,915
VARIABLE PGM @ STD		950			1,330			(122	)		(2,454	)		75,071			45,773			(4,971	)		115,873
VARIANCES		0			950			0			(2,454	)		736			4,235			(4,971	)		0
VARIABLE PGM@ACTUAL		950			380			(122	)		0			74,335			41,538			0			115,873
PERIOD COSTS
PLANT OVERHEAD		157			52			0						11,488			6,562						18,050
PRODUCTION SERVICE EXP		0			99			0						10,261			2,752						13,013
STD’S REVISION / LIFO PROVISION		0			0			0						0			0						0
TOTAL		157			151			0						21,749			9,314			0			31,063
DEPRECIATION EXPENSE		441			129			0						15,910			4,189						20,099
GROSS MARGIN		352			100			(122	)		0			36,676			28,035			0			64,711
OPERATING EXPENSES
SELLING EXPENSE		0			72			0						12,476			5,085						17,561
MARKETING EXPENSE		0			0			0						3,483			1,167						4,650
MANUFACT/ENG EXPENSE		0			0			0						4,704			1,011						5,715
R&D EXPENSE		0			0			0						4,153			353						4,506
G&A EXPENSE		158			385			0						28,952			7,271						36,223
EGSP		0			0			0						0			0						0
ALLOCATED EXPENSES		0			0			0						(1,780	)		1,780						0
TOTAL		158			457			0			0			51,988			16,667			0			68,655
OPER INC BEF RESTRUCTING		194			(357	)		(122	)		0			(15,312	)		11,368			0			(3,944	)
RESTRUCTURING CHARGE		0			0			0						2,566			4						2,570
OPERATING INCOME		194			(357	)		(122	)		0			(17,878	)		11,364			0			(6,514	)
OTHER INCOME (EXPENSE)
EQUITY INCOME		0			0									0			0						0
NET FOREIGN EXCHANGE		0			(17	)		0						(97	)		(42	)					(139	)
OTHER		(1	)		1			0			0			(2,663	)		(1,256	)					(3,919	)
INTERCOMPANY		0			0			0			0			529			(529	)					0
TOTAL		(1	)		(16	)		0			0			(2,231	)		(1,827	)		0			(4,058	)
INCOME BEF INT & TAXES		193			(373	)		(122	)		0			(20,109	)		9,537			0			(10,572	)
INTEREST (INCOME) EXPENSE
(INCOME)		(1	)		(1	)		0						(333	)		(386	)					(719	)
EXPENSE		0			0			0						4,351			540						4,891
INTERCOMPANY		0			0			0						(500	)		500						0
TOTAL		(1	)		(1	)		0			0			3,518			654			0			4,172
INCOME BEFORE TAXES		194			(372	)		(122	)		0			(23,627	)		8,883			0			(14,744	)
TAX PROVISION		0			0			0						(11,145	)		3,092						(8,053	)
INCOME BEF MIN INT & EQTY INC		194			(372	)		(122	)		0			(12,482	)		5,791			0			(6,691	)
EQUITY IN INCOME (LOSS)								(725	)		0			(725	)		0						(725	)
MINORITY INTEREST		0			0			0			0			0			0						0
INCOME BEF CHG ACCT PRINCIPLE		194			(372	)		(847	)		0			(13,207	)		5,791			0			(7,416	)
CUML EFFECT CHG ACCTG PRIN														0			0						0
NET INCOME	$	194		$	(372	)	$	(847	)	$	0		$	(13,207	)	$	5,791		$	0		$	(7,416	)

Attachment (A)

CALGON  CARBON  CORPORATION
CONSOLIDATING  INCOME  STATEMENT
4TH QUARTER, 2005 - RESTATED

$(000’S)	CALG CARB PARENT			BSC  COLUMBUS			CCC DISTRIBUTION		CCOT CANADA		CCC COLUMBUS			C.C. INVESTMENTS			CANADA TRAD’L			AST		C.C. ASIA
NET SALES
TRADE	$	50,892		$	0		$	0	$	0	$	0		$	0		$	1,789		$	0	$	0
AFFILIATES		4,086			0			1,302		0		0			0			0			0		0
TOTAL		54,978			0			1,302		0		0			0			1,789			0		0
COST OF SALES (@  STD)		38,657			0			1,222		0		0			0			1,457			0		0
VARIABLE PGM  @ STD		16,321			0			80		0		0			0			332			0		0
VARIANCES		561			0			0		0		0			0			0			0		0
VARIABLE PGM@ACTUAL		15,760			0			80		0		0			0			332			0		0
PERIOD COSTS
PLANT OVERHEAD		2,785			0			0		0		0			0			0			0		0
PRODUCTION SERVICE EXP		2,703			0			0		0		0			0			0			0		0
STD’S REVISION / LIFO PROVISION		0			0			0		0		0			0			0			0		0
TOTAL		5,488			0			0		0		0			0			0			0		0
DEPRECIATION EXPENSE		3,605			3			0		0		4			0			0			0		0
GROSS MARGIN		6,667			(3	)		80		0		(4	)		0			332			0		0
OPERATING EXPENSES
SELLING EXPENSE		2,971			0			0		0		0			0			239			0		(5	)
MARKETING EXPENSE		1,075			0			0		0		0			0			0			0		0
MANUFACT/ENG EXPENSE		836			0			0		0		0			0			0			0		0
R&D EXPENSE		1,108			0			0		0		0			0			0			0		0
G&A EXPENSE		7,981			0			0		0		0			0			0			0		0
EGSP		0			0			0		0		0			0			0			0		0
ALLOCATED EXPENSES		(336	)		0			0		0		0			18			14			0		0
TOTAL		13,635			0			0		0		0			18			253			0		(5	)
OPER INC BEF RESTRUCTING		(6,968	)		(3	)		80		0		(4	)		(18	)		79			0		5
RESTRUCTURING CHARGE		(11	)		0			0		0		0			0			0			0		0
OPERATING INCOME		(6,957	)		(3	)		80		0		(4	)		(18	)		79			0		5
OTHER INCOME (EXPENSE)
EQUITY INCOME		0			0			0		0		0			0			0			0		0
NET FOREIGN EXCHANGE		14			0			0		0		0			0			(10	)		0		0
OTHER		(665	)		(4	)		0		0		(5	)		(52	)		57			0		0
INTERCOMPANY		3			0			0		0		0			128			0			0		0
TOTAL		(648	)		(4	)		0		0		(5	)		76			47			0		0
INCOME BEF INT & TAXES		(7,605	)		(7	)		80		0		(9	)		58			126			0		5
INTEREST (INCOME) EXPENSE
(INCOME)		(55	)		0			0		0		0			0			(10	)		0		0
EXPENSE		1,262			0			0		0		0			0			0			0		0
INTERCOMPANY		3,230			0			0		0		0			(3,346	)		0			0		0
TOTAL		4,437			0			0		0		0			(3,346	)		(10	)		0		0
INCOME BEFORE TAXES		(12,042	)		(7	)		80		0		(9	)		3,404			136			0		5
TAX PROVISION		(3,473	)		0			0		0		0			0			(131	)		0		(1	)
INCOME BEF MIN INT & EQTY INC		(8,569	)		(7	)		80		0		(9	)		3,404			267			0		6
EQUITY IN INCOME (LOSS)		0			0			0		0		0			0			0			0		0
MINORITY INTEREST		0			0			0		0		0			0			0			0		0
INCOME BEF CHG ACCT PRINCIPLE		(8,569	)		(7	)		80		0		(9	)		3,404			267			0		6
CUML EFFECT CHG ACCTG PRIN		0			0			0		0		0			0			0			0		0
NET INCOME	$	(8,569	)	$	(7	)	$	80	$	0	$	(9	)	$	3,404		$	267		$	0	$	6

$(000’S)	DATONG CARBON			C.C. TIANJIN LTD			CALGON MITSUBISHI			ELIM’S			TOTAL DOMESTIC			TOTAL EUROPE			Elim’s			TOTAL CONSOL.
NET SALES
TRADE	$	0		$	141		$	0		$	0		$	52,822		$	25,311		$	0		$	78,133
AFFILIATES		1,775			3,308			0			(6,790	)		3,681			784			(4,465	)		0
TOTAL		1,775			3,449			0			(6,790	)		56,503			26,095			(4,465	)		78,133
COST OF SALES (@  STD)		1,406			3,004			291			(5,949	)		40,088			15,837			(3,578	)		52,347
VARIABLE PGM  @ STD		369			445			(291	)		(841	)		16,415			10,258			(887	)		25,786
VARIANCES		0			369			0			(841	)		89			798			(887	)		0
VARIABLE PGM@ACTUAL		369			76			(291	)		0			16,326			9,460			0			25,786
PERIOD COSTS
PLANT OVERHEAD		89			19			0			0			2,893			1,377			0			4,270
PRODUCTION SERVICE EXP		0			48			0			0			2,751			654			0			3,405
STD’S REVISION / LIFO PROVISION		0			0			0			0			0			0			0			0
TOTAL		89			67			0			0			5,644			2,031			0			7,675
DEPRECIATION EXPENSE		161			35			0			0			3,808			902			0			4,710
GROSS MARGIN		119			(26	)		(291	)		0			6,874			6,527			0			13,401
OPERATING EXPENSES
SELLING EXPENSE		0			24			0			0			3,229			1,103			0			4,332
MARKETING EXPENSE		0			0			0			0			1,075			184			0			1,259
MANUFACT/ENG EXPENSE		0			0			0			0			836			258			0			1,094
R&D EXPENSE		0			0			0			0			1,108			85			0			1,193
G&A EXPENSE		54			132			0			0			8,167			1,631			0			9,798
EGSP		0			0			0			0			0			0			0			0
ALLOCATED EXPENSES		0			0			0			0			(304	)		304			0			0
TOTAL		54			156			0			0			14,111			3,565			0			17,676
OPER INC BEF RESTRUCTING		65			(182	)		(291	)		0			(7,237	)		2,962			0			(4,275	)
RESTRUCTURING CHARGE		0			0			0			0			(11	)		0			0			(11	)
OPERATING INCOME		65			(182	)		(291	)		0			(7,226	)		2,962			0			(4,264	)
OTHER INCOME (EXPENSE)
EQUITY INCOME		0			0			0			0			0			0			0			0
NET FOREIGN EXCHANGE		0			(4	)		0			0			0			2			0			2
OTHER		2			2			0			0			(665	)		(673	)		0			(1,338	)
INTERCOMPANY		0			0			0			0			131			(131	)		0			0
TOTAL		2			(2	)		0			0			(534	)		(802	)		0			(1,336	)
INCOME BEF INT & TAXES		67			(184	)		(291	)		0			(7,760	)		2,160			0			(5,600	)
INTEREST (INCOME) EXPENSE
(INCOME)		(1	)		0			0			0			(66	)		(95	)		0			(161	)
EXPENSE		0			0			0			0			1,262			51			0			1,313
INTERCOMPANY		0			0			0			0			(116	)		116			0			0
TOTAL		(1	)		0			0			0			1,080			72			0			1,152
INCOME BEFORE TAXES		68			(184	)		(291	)		0			(8,840	)		2,088			0			(6,752	)
TAX PROVISION		0			0			0			0			(3,605	)		758			0			(2,847	)
INCOME BEF MIN INT & EQTY INC		68			(184	)		(291	)		0			(5,235	)		1,330			0			(3,905	)
EQUITY IN INCOME (LOSS)		0			0			(1,756	)		11			(1,745	)		0			0			(1,745	)
MINORITY INTEREST		0			0			0			0			0			0			0			0
INCOME BEF CHG ACCT PRINCIPLE		68			(184	)		(2,047	)		11			(6,980	)		1,330			0			(5,650	)
CUML EFFECT CHG ACCTG PRIN		0			0			0			0			0			0			0			0
NET INCOME	$	68		$	(184	)	$	(2,047	)	$	11		$	(6,980	)	$	1,330		$	0		$	(5,650	)

Attachment (A)

CALGON  CARBON  CORPORATION
CONSOLIDATING  BALANCE  SHEET
DECEMBER, 2005 - RESTATED

$(000’S)	CALGON  CARBON PARENT			BSC COLUMBUS		CCC DISTRIBUTION			CCOT CANADA		CCC COLUMBUS			CC INVEST		CANADA TRAD’L		AST		CALGON  CARBON ASIA		DATONG CARBON
CURRENT ASSETS
CASH & SECURITIES	$	1,207		$	399	$	38		$	0	$	10		$	5	$	349	$	0	$	82	$	162
NOTES & A/R - NET		41,199			0		0			0		0			3,412		1,196		0		0		21
INVENTORIES		49,021			0		16			0		0			0		0		0		0		1,390
OTHER CURRENT ASSETS		15,354			0		0			0		0			0		607		0		0		0
TOTAL CURRENT ASSETS		106,781			399		54			0		10			3,417		2,152		0		82		1,573
PROPERTY, PLANT & EQUIPMT		286,957			601		0			0		741			0		533		0		0		6,594
RESERVE FOR DEPRECIATION		212,343			16		0			0		23			0		0		0		0		1,373
NET PROPERTIES		74,614			585		0			0		718			0		533		0		0		5,221
INTANGIBLES		5,991			0		0			0		0			2,279		0		0		0		0
ORGANIZATION COSTS		0			0		0			0		0			0		0		0		0		0
GOODWILL		18,764			4,674		461			0		(742	)		60		7,472		0		0		0
EQUITY INVESTMENTS		91,749			0		0			0		0			23,233		0		0		0		0
OTHER ASSETS		6,086			0		0			0		0			68,248		5		0		13		0
INTERCOMPANY A/R		56,267			0		432			0		0			128,301		0		0		0		946
TOTAL ASSETS	$	360,252		$	5,658	$	947		$	0	$	(14	)	$	225,538	$	10,162	$	0	$	95	$	7,740
CURRENT LIABILITIES
ACCOUNTS PAYABLE	$	29,371		$	13	$	95		$	0	$	19		$	0	$	101	$	0	$	0	$	1,120
ACCRUED P/R, BENEFITS & PENS.		9,298			0		0			0		0			0		10		0		0		10
ACCRUED INCOME TAXES		4,673			0		0			0		0			0		106		0		1		67
ACCRUED INTEREST		3,435			0		0			0		0			0		0		0		0		0
SHORT TERM DEBT		0			0		0			0		0			0		0		0		0		0
CURR PORTION OF L.T. DEBT		0			0		0			0		0			0		0		0		0		0
TOTAL CURRENT LIABILITIES		46,777			13		95			0		19			0		217		0		1		1,197
LONG TERM DEBT		83,925			0		0			0		0					0		0		0		1,364
DEMAND REVOLVING LOAN		0			0		0			0		0			0		0		0		0		0
LESS: PORTION PAY - 1 YR.		0			0		0			0		0			0		0		0		0		0
NET LONG TERM DEBT		83,925			0		0			0		0			0		0		0		0		1,364
DEFERRED TAXES		(3,988	)		0		0			0		0			0		1,071		0		0		0
OTHER LONG TERM LIABILITIES		90,424			5,286		0			0		0			0		0		0		0		24
INTERCOMPANY A/P		129,016			0		417			0		0			35,327		773		0		0		3,164
TOTAL LIABILITIES		346,154			5,299		512			0		19			35,327		2,061		0		1		5,749
MINORITY INTEREST		0			0		0			0		0			0		0		0		0		0
STOCKHOLDERS’ EQUITY
COMMON STOCK		424			0		0			0		0			0		209		0		4		0
PAID-IN CAPITAL		68,990			170		500			0		30			86,537		0		0		0		3,448
RETAINED EARNINGS		(22,416	)		189		(65	)		0		(63	)		103,674		6,615		0		86		(1,602	)
OTHER COMPREHENSIVE INCOME		(5,771	)		0		0			0		0			0		0		0		0		0
CUMULATIVE TRANS. ADJUSTMT		0			0		0			0		0			0		1,277		0		4		145
		41,227			359		435			0		(33	)		190,211		8,101		0		94		1,991
LESS: TREASURY STOCK		27,129			0							0					0				0		0
TOTAL STOCKHOLDERS’ EQUITY		14,098			359		435			0		(33	)		190,211		8,101		0		94		1,991
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	360,252		$	5,658	$	947		$	0	$	(14	)	$	225,538	$	10,162	$	0	$	95	$	7,740

$(000’S)	CC TIANJIN LTD			CALGON MITSUBISHI		7-1-97 PURCHASE ACCOUNTING		ELIM’S			TOTAL DOMESTIC			TOTAL EUROPE			ELIM’S			TOTAL CONSOL.
CURRENT ASSETS
CASH & SECURITIES	$	186		$	0	$	0	$	0		$	2,438		$	14,128		$	(11,120	)	$	5,446
NOTES & A/R - NET		1,126			0		0		(3,412	)		43,542			16,519			(3,760	)		56,301
INVENTORIES		2,372			0		0		(274	)		52,525			22,134			33			74,692
OTHER CURRENT ASSETS		115			0		0					16,076			3,340			1,227			20,643
TOTAL CURRENT ASSETS		3,799			0		0		(3,686	)		114,581			56,121			(13,620	)		157,082
PROPERTY, PLANT & EQUIPMT		1,599			0		0		0			297,025			77,926			5,606			380,557
RESERVE FOR DEPRECIATION		408			0		0					214,163			50,298						264,461
NET PROPERTIES		1,191			0		0		0			82,862			27,628			5,606			116,096
INTANGIBLES		0			0		0					8,270			1,779						10,049
ORGANIZATION COSTS		0			0		0					0			0						0
GOODWILL		0			0		0		419			31,108			3,766						34,874
EQUITY INVESTMENTS		0			7,034		0		0			122,016			0			(114,797	)		7,219
OTHER ASSETS		496			0		0		(67,974	)		6,874			12,912			2,762			22,548
INTERCOMPANY A/R		422			0		0		(1,364	)		185,004			262			(185,266	)		0
TOTAL ASSETS	$	5,908		$	7,034	$	0	$	(72,605	)	$	550,715		$	102,468		$	(305,315	)	$	347,868
CURRENT LIABILITIES
ACCOUNTS PAYABLE	$	1,340		$	0	$	0				$	32,059		$	12,851		$	(5	)	$	44,905
ACCRUED P/R, BENEFITS & PENS.		22			0		0					9,340			3,324						12,664
ACCRUED INCOME TAXES		0			0		0					4,847			5,936						10,783
ACCRUED INTEREST		0			0		0		(3,412	)		23			0						23
SHORT TERM DEBT		0			0		0					0			11,120			(11,120	)		0
CURR PORTION OF L.T. DEBT		0			0		0					0			0						0
TOTAL CURRENT LIABILITIES		1,362			0		0		(3,412	)		46,269			33,231			(11,125	)		68,375
LONG TERM DEBT		0			0		0		(1,364	)		83,925			0						83,925
DEMAND REVOLVING LOAN		0			0		0					0			0						0
LESS: PORTION PAY - 1 YR.		0			0		0					0			0						0
NET LONG TERM DEBT		0			0		0		(1,364	)		83,925			0			0			83,925
DEFERRED TAXES		0			0		0		(548	)		(3,465	)		7			4,847			1,389
OTHER LONG TERM LIABILITIES		1			0		0		(68,248	)		27,487			16,132						43,619
INTERCOMPANY A/P		4,055			0		0		0			172,752			12,509			(185,261	)		0
TOTAL LIABILITIES		5,418			0		0		(73,572	)		326,968			61,879			(191,539	)		197,308
MINORITY INTEREST		0			0		0		0			0			0			0			0
STOCKHOLDERS’ EQUITY
COMMON STOCK		0			0		0		0			637			30			(243	)		424
PAID-IN CAPITAL		625			0		0		60			160,360			23,184			(114,554	)		68,990
RETAINED EARNINGS		(153	)		6,525		0		359			93,149			7,531			1,153			101,833
OTHER COMPREHENSIVE INCOME		0			0		0		0			(5,771	)		(2,472	)					(8,243	)
CUMULATIVE TRANS. ADJUSTMT		18			509		0		548			2,501			12,316			(132	)		14,685
		490			7,034		0		967			250,876			40,589			(113,776	)		177,689
LESS: TREASURY STOCK		0					0		0			27,129			0			0			27,129
TOTAL STOCKHOLDERS’ EQUITY		490			7,034		0		967			223,747			40,589			(113,776	)		150,560
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	5,908		$	7,034	$	0	$	(72,605	)	$	550,715		$	102,468		$	(305,315	)	$	347,868

Attachment (A)

CALGON CARBON CORPORATION
CONSOLIDATED BALANCE SHEET AT DECEMBER 31, 2005 - RESTATED
WITH COMPARISONS TO SUBSEQUENT QUARTER PLAN, PRIOR QUARTER AND PRIOR YEAR END

$(000’S)	CURRENT MONTH END 12/31/05			INCR.(DECR.) PRIOR MONTH END			CURRENT MONTH PLAN 12/31/05		PRIOR QTR END 09/30/05			PRIOR YEAR END 12/31/04
CURRENT ASSETS
CASH & MARKETABLE SECURITIES	$	5,446		$	(1,877	)	$	8,512	$	8,179		$	8,780
NOTES & ACCOUNTS REC. - NET.		56,301			(2,591	)		57,185		54,361			61,598
INVENTORIES		74,692			237			65,469		68,751			64,843
OTHER CURRENT ASSETS		20,643			1,342			30,467		20,308			23,874
TOTAL CURRENT ASSETS		157,082			(2,889	)		161,633		151,599			159,095
PROPERTY, PLANT & EQUIPMENT - GROSS		380,557			5,535			398,749		374,466			387,797
RESERVE FOR DEPRECIATION		264,461			1,600			277,659		260,161			258,512
NET PROPERTIES		116,096			3,935			121,090		114,305			129,285
INTANGIBLES		10,049			(176	)		13,737		10,583			12,237
ORGANIZATION COSTS		0			0			0		0			0
GOODWILL		34,874			2			36,940		34,982			35,071
EQUITY INVESTMENTS		7,219			(1,951	)		8,954		9,255			8,135
OTHER ASSETS		22,548			5,019			8,871		18,301			20,075
TOTAL ASSETS	$	347,868		$	3,940		$	351,225	$	339,025		$	363,898
CURRENT LIABILITIES
ACCOUNTS PAYABLE	$	44,905		$	8,533		$	38,143		30,320			41,415
ACCRUED PAYROLL, BENEFITS & PENSIONS		12,664			(66	)		10,138		12,144			9,244
ACCRUED INCOME TAXES		10,783			317			9,601		10,641			12,736
ACCRUED INTEREST		23			11			20		19			14
SHORT TERM DEBT		0			0			0		0			0
CURRENT PORTION OF LONG TERM DEBT		0			0			0		0			0
TOTAL CURRENT LIABILITIES		68,375			8,795			57,902		53,124			63,409
LONG TERM DEBT		83,925			(5,506	)		71,295		86,203			84,600
DEMAND REVOLVING LOAN		0			0			0		0			0
LESS: PORTION PAYABLE - 1 YR.		0			0			0		0			0
NET LONG TERM DEBT		83,925			(5,506	)		71,295		86,203			84,600
DEFERRED TAXES		1,389			592			10,750		3,076			8,235
OTHER LONG TERM LIABILITIES		43,619			8,690			42,859		34,829			39,783
TOTAL LIABILITIES		197,308			12,571			182,806		177,232			196,027
MINORITY INTEREST		0			0			361		0			0
STOCKHOLDERS’ EQUITY
COMMON STOCK		424			0			420		424			420
PAID-IN CAPITAL		68,990			145			65,565		68,768			65,523
RETAINED EARNINGS		101,833			(4,090	)		115,159		107,483			112,804
OTHER COMPREHENSIVE INCOME		(8,243	)		(5,044	)		0		(3,050	)		(3,231	)
CUMULATIVE TRANSLATION ADJUST.		14,685			358			14,042		15,297			19,484
		177,689			(8,631	)		195,186		188,922			195,000
LESS:TREASURY STOCK		27,129			0			27,128		27,129			27,129
TOTAL STOCKHOLDERS’ EQUITY		150,560			(8,631	)		168,058		161,793			167,871
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	347,868		$	3,940		$	351,225	$	339,025		$	363,898

Attachment (A)

CALGON  CARBON  CORPORATION
CONSOLIDATED STATEMENT OF CASH FLOWS
DECEMBER 2005 - RESTATED

	CURRENT MONTH									YEAR TO DATE
$(000’S)	ACTUAL $			PLAN $			PRIOR YEAR $			ACTUAL $			PLAN $			PRIOR YEAR $
CASH FLOWS FROM OPERATING ACTIVITIES
NET INCOME	$	(4,090	)	$	(336	)	$	965		$	(7,416	)	$	8,470		$	5,888
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:
CUMULATIVE EFFECT OF ACCOUNTING CHANGE		0			0			0			0			0			0
DEPRECIATION AND AMORTIZATION		1,429			1,703			2,271			22,062			22,759			23,126
NON-CASH CURTAILMENT LOSS & RESTR. WRITE DOWNS		603			0			0			2,976			0			0
(EARNINGS) LOSS IN JOINT VENTURE		1,796			(154	)		(70	)		725			(723	)		(1,000	)
DISTRIBUTIONS RECEIVED FROM JOINT VENTURES		0			0			0			254			0			0
EMPLOYEE BENEFIT PLAN PROVISIONS		6			408			798			4,046			4,696			4,580
CHANGES IN ASSETS AND LIABILITIES - NET OF EFFECTS FROM PURCHASE OF BUSINESSES, EXCHANGE AND NON-CASH RESTRUCTURING ASSET AND LIABILITY WRITE DOWNS (WRITE UPS):		—			—			—			—			—			—
(INCREASE) DECREASE IN RECEIVABLES		2,952			5,234			(259	)		4,273			4,806			(3,469	)
(INCREASE) DECREASE IN INVENTORIES		(267	)		(1,852	)		(1,526	)		(13,009	)		(3,200	)		(2,076	)
(INCREASE) DECREASE IN OTHER CURRENT ASSETS		(1,431	)		89			3,206			2,787			(1,081	)		1,410
(DECREASE) IN RESTRUCTURING RESERVE		68			6			235			(498	)		(379	)		(336	)
INCREASE (DECREASE) IN ACCOUNTS PAYABLE AND ACCRUALS		8,619			640			1,449			7,299			(2,583	)		(1,096	)
INCREASE (DECREASE) ACCR INCOME TAXES		317			(282	)		(1,354	)		(1,953	)		285			(1,510	)
INCREASE (DECREASE) IN LONG-TERM DEFERRED INCOME TAXES (NET)		338			(309	)		(2,732	)		(4,005	)		(862	)		(2,357	)
OTHER ITEMS - NET		(192	)		(11	)		(789	)		(4,701	)		1,032			(3,086	)
NET CASH PROVIDED BY OPERATING ACTIVITIES		10,148			5,136			2,194			12,840			33,220			20,074
CASH FLOWS FROM INVESTING ACTIVITIES
PURCHASE OF BUSINESSES (Net of Cash)		0			0			172			(856	)		0			(35,250	)
PURCHASE OF INTANGIBLES		0			0			(20	)		0			0			(687	)
PROPERTY, PLANT AND EQUIPMENT EXPENDITURES		(6,052	)		(8,021	)		422			(15,996	)		(13,559	)		(12,413	)
PROCEEDS FROM DISPOSALS OF EQUIPMENT		230			0			55			1,356			0			1,527
NET CASH (USED IN) INVESTING ACTIVITIES		(5,822	)		(8,021	)		629			(15,496	)		(13,559	)		(46,823	)
CASH FLOWS FROM FINANCING ACTIVITIES
NET PROCEEDS FROM (REPAYMENTS OF) BORROWINGS		(5,506	)		3,883			(2,304	)		(675	)		(15,894	)		30,339
TREASURY STOCK PURCHASES		0			0			0			0			0			0
COMMONS STOCK DIVIDENDS		0			(1,176	)		(1,173	)		(3,555	)		(4,704	)		(4,685	)
COMMON STOCK ISSUED		64			0			253			3,050			0			856
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		(5,442	)		2,707			(3,224	)		(1,180	)		(20,598	)		26,510
EFFECT OF EXCHANGE RATE CHANGE ON CASH		(761	)		0			798			502			0			65
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(1,877	)		(178	)		397			(3,334	)		(937	)		(174	)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		7,323			8,682			8,383			8,780			9,441			8,954
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	5,446		$	8,504		$	8,780		$	5,446		$	8,504		$	8,780

Attachment (A)

CALGON  CARBON  CORPORATION
CONSOLIDATED STATEMENT OF CASH FLOWS
DECEMBER 2005 - RESTATED

	THREE MONTHS ENDED									YEAR TO DATE
$(000’S)	ACTUAL $			PLAN $			PRIOR YEAR $			ACTUAL $			PLAN $			PRIOR YEAR $
CASH FLOWS FROM OPERATING ACTIVITIES
NET INCOME	$	(5,650	)	$	1,164		$	922		$	(7,416	)	$	8,470		$	5,888
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:
CUMULATIVE EFFECT OF ACCOUNTING CHANGE		0			0			0			0			0			0
DEPRECIATION AND AMORTIZATION		5,191			5,511			6,314			22,062			22,759			23,126
NON-CASH CURTAILMENT LOSS & RESTR. WRITE DOWNS		603			0			0			2,976			0			0
(EARNINGS) LOSS IN JOINT VENTURE		1,745			(276	)		(152	)		725			(723	)		(1,000	)
DISTRIBUTIONS RECEIVED FROM JOINT VENTURES		0			0			0			254			0			0
EMPLOYEE BENEFIT PLAN PROVISIONS		719			1,028			1,609			4,046			4,696			4,580
CHANGES IN ASSETS AND LIABILITIES - NET OF EFFECTS FROM PURCHASE OF BUSINESSES, EXCHANGE AND NON-CASH RESTRUCTURING ASSET AND LIABILITY WRITE DOWNS (WRITE UPS):		—			—			—			—			—			—
(INCREASE) DECREASE IN RECEIVABLES		(2,357	)		3,138			(31	)		4,273			4,806			(3,469	)
(INCREASE) DECREASE IN INVENTORIES		(7,113	)		(3,320	)		(4,330	)		(13,009	)		(3,200	)		(2,076	)
(INCREASE) DECREASE IN OTHER CURRENT ASSETS		(524	)		427			4,028			2,787			(1,081	)		1,410
(DECREASE) IN RESTRUCTURING RESERVE		(105	)		(130	)		135			(498	)		(379	)		(336	)
INCREASE (DECREASE) IN ACCOUNTS PAYABLE AND ACCRUALS		16,424			(823	)		622			7,299			(2,583	)		(1,096	)
INCREASE (DECREASE) ACCR INCOME TAXES		142			239			(1,262	)		(1,953	)		285			(1,510	)
INCREASE (DECREASE) IN LONG-TERM DEFERRED INCOME TAXES (NET)		(1,277	)		(356	)		(3,253	)		(4,005	)		(862	)		(2,357	)
OTHER ITEMS - NET		(338	)		(289	)		740			(4,701	)		1,032			(3,086	)
NET CASH PROVIDED BY OPERATING ACTIVITIES		7,460			6,313			5,342			12,840			33,220			20,074
CASH FLOWS FROM INVESTING ACTIVITIES
PURCHASE OF BUSINESSES (Net of Cash)		0			0			172			(856	)		0			(35,250	)
PURCHASE OF INTANGIBLES		0			0			(20	)		0			0			(687	)
PROPERTY, PLANT AND EQUIPMENT EXPENDITURES		(7,830	)		(8,316	)		(971	)		(15,996	)		(13,559	)		(12,413	)
PROCEEDS FROM DISPOSALS OF EQUIPMENT		238			0			1,090			1,356			0			1,527
NET CASH (USED IN) INVESTING ACTIVITIES		(7,592	)		(8,316	)		271			(15,496	)		(13,559	)		(46,823	)
CASH FLOWS FROM FINANCING ACTIVITIES
NET PROCEEDS FROM (REPAYMENTS OF) BORROWINGS		(2,278	)		2,382			(904	)		(675	)		(15,894	)		30,339
TREASURY STOCK PURCHASES		0			0			0			0			0			0
COMMONS STOCK DIVIDENDS		0			(1,176	)		(1,173	)		(3,555	)		(4,704	)		(4,685	)
COMMON STOCK ISSUED		64			0			567			3,050			0			856
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		(2,214	)		1,206			(1,510	)		(1,180	)		(20,598	)		26,510
EFFECT OF EXCHANGE RATE CHANGE ON CASH		(387	)		0			(271	)		502			0			65
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(2,733	)		(797	)		3,832			(3,334	)		(937	)		(174	)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		8,179			9,301			4,948			8,780			9,441			8,954
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	5,446		$	8,504		$	8,780		$	5,446		$	8,504		$	8,780

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Consoldiated
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	23,998		27,278		32,130		32,052		30,941		33,334		25,260		26,883		24,785		24,963		26,879		25,881		334,385
COGS @ Actual	15,481		16,600		20,647		20,701		19,748		22,245		16,864		17,365		16,918		17,151		16,948		17,279		217,947
PGM @ Actual	8,517		10,678		11,483		11,351		11,193		11,089		8,396		9,518		7,867		7,812		9,931		8,602		116,438
Product Gross Margin %	35.5	%	39.1	%	35.7	%	35.4	%	36.2	%	33.3	%	33.2	%	35.4	%	31.7	%	31.3	%	36.9	%	33.2	%	34.8	%
Plant Overhead	1,627		1,544		1,460		1,510		1,660		1,521		1,483		1,503		1,471		1,478		1,361		1,431		18,050
Production Service expense	1,213		968		1,072		1,238		1,067		1,014		978		1,062		995		1,198		968		1,239		13,013
Total Period Costs	2,840		2,512		2,532		2,749		2,727		2,535		2,460		2,565		2,466		2,676		2,329		2,671		31,063
Depreciation	1,714		1,718		1,858		1,746		1,738		1,716		1,655		1,631		1,612		1,749		1,692		1,269		20,099
Total Gross Margin	3,963		6,448		7,093		6,857		6,727		6,838		4,281		5,322		3,789		3,387		5,910		4,662		65,276
Gross Margin %	16.5	%	23.6	%	22.1	%	21.4	%	21.7	%	20.5	%	16.9	%	19.8	%	15.3	%	13.6	%	22.0	%	18.0	%	19.5	%
Selling expense	1,529		1,531		1,562		1,553		1,476		1,427		1,347		1,476		1,422		1,525		1,555		1,280		17,682
Marketing expense	482		374		360		504		438		225		400		281		327		324		456		477		4,649
Manufacturing and engineering	585		335		358		405		419		397		379		471		1,538		345		405		430		6,068
Research and development	327		313		352		389		339		350		319		314		344		339		354		414		4,154
General and Administrative	2,317		2,786		3,870		2,956		2,543		2,237		2,969		2,288		2,928		2,741		2,799		3,754		34,187
Operating Expenses	5,240		5,339		6,501		5,806		5,216		4,636		5,415		4,830		6,560		5,273		5,570		6,355		66,740
Restructuring charge	0		844		1,566		3		55		43		13		49		8		4		2		(17	)	2,570
Operating income	(1,277	)	266		(974	)	1,047		1,456		2,159		(1,147	)	443		(2,779	)	(1,890	)	338		(1,676	)	(4,034	)
Operating Margin %	-5.3	%	1.0	%	-3.0	%	3.3	%	4.7	%	6.5	%	-4.5	%	1.6	%	-11.2	%	-7.6	%	1.3	%	-6.5	%	-1.2	%
Other (expenses) and income:
Foriegn exchange, net	13		(13	)	(39	)	18		17		(5	)	(11	)	(65	)	(56	)	55		(1	)	(52	)	(139	)
Other Inc/(Exp)	(329	)	(321	)	(223	)	(344	)	(272	)	(123	)	(378	)	(387	)	(204	)	(315	)	(420	)	(603	)	(3,919	)
Other income/(expense)	(316	)	(334	)	(262	)	(326	)	(255	)	(128	)	(389	)	(452	)	(260	)	(260	)	(421)		(655)		(4,058	)
Interest Income	(60	)	(43	)	(78	)	(60	)	(39	)	(113	)	(43	)	(43	)	(79	)	(40	)	(38	)	(83	)	(719	)
Interest Expense	350		333		409		383		436		419		383		429		436		446		451		416		4,891
Interest (income)/expense	290		290		331		323		397		306		340		386		357		406		413		333		4,172
Net Income Before Taxes	(1,883	)	(358	)	(1,567	)	398		804		1,725		(1,876	)	(395	)	(3,396	)	(2,556	)	(496	)	(2,664	)	(12,264	)
Current income tax expense	(511	)	(55	)	(148	)	76		152		420		(254	)	(47	)	(4,304	)	(1,208	)	(234	)	(1,003	)	(7,116	)
Equity (loss)/income	(12	)	161		124		298		44		8		290		90		17		(16	)	67		(1,796	)	(725	)
Net Income	(1,384	)	(142	)	(1,295	)	620		696		1,313		(1,332	)	(258	)	925		(1,364	)	(194	)	(3,459	)	(5,876	)
Adjustments:
Amortization of intangibles	(176	)	(180	)	(183	)	(155	)	(162	)	(161	)	(161	)	(156	)	(149	)	(160	)	(162	)	(160	)	(1,963	)
Interest Income (Net of Tax @ 39%)	37		26		48		37		24		69		26		26		48		24		23		51		439
Interest Expense (Net of Tax @ 39%)	(214	)	(203	)	(249	)	(234	)	(266	)	(256	)	(234	)	(262	)	(266	)	(272	)	(275	)	(254	)	(2,984	)
Total adjustments	(353	)	(357	)	(385	)	(352	)	(404	)	(347	)	(368	)	(391	)	(367	)	(408	)	(414	)	(363	)	(4,508	)
NOPAT	(1,031	)	215		(350	)	972		1,099		1,660		(953	)	134		1,291		(957	)	220		(3,096	)	(1,368	)
EBITDA	297		1,830		1,420		2,622		3,101		3,908		291		1,779		(1,278	)	(241	)	1,771		(902	)	14,597

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Americas Consolidated
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	15,661		17,093		18,435		17,520		17,960		19,769		13,254		15,698		15,383		15,386		16,486		16,210		198,857
COGS @ Actual	10,534		10,865		12,115		11,552		11,642		13,145		8,862		9,897		11,120		10,772		10,894		11,867		133,266
PGM @ Actual	5,127		6,228		6,321		5,968		6,319		6,624		4,391		5,801		4,263		4,614		5,592		4,343		65,591
Product Gross Margin %	32.7	%	36.4	%	34.3	%	34.1	%	35.2	%	33.5	%	33.1	%	37.0	%	27.7	%	30.0	%	33.9	%	26.8	%	33.0	%
Plant Overhead	819		744		782		706		775		750		716		742		698		704		651		812		8,901
Production Service expense	826		635		663		824		706		669		645		660		691		776		642		885		8,622
Total Period Costs	1,645		1,379		1,445		1,531		1,481		1,419		1,361		1,401		1,389		1,479		1,293		1,697		17,522
Depreciation	916		910		980		915		925		925		905		910		908		907		904		765		10,871
Total Gross Margin	2,566		3,939		3,896		3,521		3,913		4,279		2,125		3,490		1,966		2,227		3,395		1,880		37,198
Gross Margin %	16.4	%	23.0	%	21.1	%	20.1	%	21.8	%	21.6	%	16.0	%	22.2	%	12.8	%	14.5	%	20.6	%	11.6	%	18.7	%
Selling expense	992		926		999		970		899		944		835		975		949		995		977		952		11,413
Marketing expense	337		264		253		339		231		83		257		203		202		222		358		383		3,132
Manufacturing and engineering	430		252		240		311		271		308		270		358		1,054		237		287		327		4,345
Research and development	327		313		352		389		339		350		319		314		344		339		354		414		4,154
General and Administrative	1,429		1,762		2,281		1,732		1,473		1,484		1,898		1,322		1,987		1,810		1,815		2,676		21,668
Operating Expenses	3,514		3,517		4,125		3,741		3,214		3,169		3,579		3,171		4,536		3,604		3,791		4,751		44,711
Restructuring charge	0		552		919		2		33		25		7		28		5		2		1		(11	)	1,563
Operating income	(948	)	(131	)	(1,148	)	(221	)	667		1,085		(1,461	)	291		(2,575	)	(1,379	)	(398	)	(2,860	)	(9,077	)
Operating Margin %	-6.1	%	-0.8	%	-6.2	%	-1.3	%	3.7	%	5.5	%	-11.0	%	1.9	%	-16.7	%	-9.0	%	-2.4	%	-17.6	%	-4.6	%
Other (expenses) and income:
Foriegn exchange, net	9		(9	)	(23	)	10		10		(3	)	(6	)	(37	)	(37	)	35		(1	)	(36	)	(87	)
Other Inc/(Exp)	(227	)	(223	)	(155	)	(206	)	(177	)	(90	)	(255	)	(246	)	(144	)	(215	)	(285	)	(374	)	(2,596	)
Other income/(expense)	(218	)	(232	)	(178	)	(196	)	(167	)	(93	)	(261	)	(283	)	(180	)	(180	)	(286	)	(409	)	(2,683	)
Interest Income	(41	)	(28	)	(46	)	(33	)	(23	)	(67	)	(23	)	(25	)	(52	)	(25	)	(24	)	(57	)	(444	)
Interest Expense	238		218		240		214		257		248		201		244		287		280		290		286		3,003
Interest (income)/expense	197		190		194		180		234		181		179		220		235		255		265		229		2,559
Net Income Before Taxes	(1,363	)	(552	)	(1,521	)	(597	)	266		811		(1,900	)	(212	)	(2,990	)	(1,814	)	(949	)	(3,498	)	(14,319	)
Current income tax expense	(370	)	(86	)	(149	)	(114	)	50		198		(257	)	(25	)	(3,789	)	(857	)	(449	)	(1,316	)	(7,164	)
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	(994	)	(467	)	(1,372	)	(483	)	215		614		(1,642	)	(187	)	799		(957	)	(500	)	(2,184	)	(7,157	)
Adjustments:
Amortization of intangibles	(131	)	(137	)	(139	)	(111	)	(119	)	(120	)	(120	)	(115	)	(108	)	(118	)	(120	)	(118	)	(1,454	)
Interest Income (Net of Tax @ 39%)	25		17		28		20		14		41		14		15		32		15		15		35		271
Interest Expense (Net of Tax @ 39%)	(145	)	(133	)	(146	)	(130	)	(157	)	(151	)	(123	)	(149	)	(175	)	(171	)	(177	)	(174	)	(1,832	)
Total adjustments	(251	)	(252	)	(257	)	(221	)	(261	)	(230	)	(229	)	(249	)	(251	)	(274	)	(282	)	(258	)	(3,015	)
NOPAT	(743	)	(214	)	(1,115	)	(262	)	477		844		(1,402	)	63		1,050		(684	)	(218	)	(1,927	)	(4,142	)
EBITDA	(119	)	684		(208	)	610		1,544		2,037		(685	)	1,033		(1,739	)	(534	)	340		(2,386	)	566

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Americas Carbon & Service
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	11,562		13,067		13,174		12,747		13,302		14,652		10,112		12,760		11,225		12,120		13,083		13,335		151,140
COGS @ Actual	7,600		8,256		8,702		8,190		8,666		9,576		6,743		7,669		8,111		8,400		8,398		9,538		99,850
PGM @ Actual	3,962		4,811		4,472		4,557		4,636		5,077		3,369		5,091		3,115		3,720		4,685		3,797		51,290
Product Gross Margin %	34.3	%	36.8	%	33.9	%	35.7	%	34.9	%	34.6	%	33.3	%	39.9	%	27.7	%	30.7	%	35.8	%	28.5	%	33.9	%
Plant Overhead	790		742		766		690		751		731		698		723		679		686		632		793		8,683
Production Service expense	826		635		663		824		706		669		645		660		691		776		642		885		8,622
Total Period Costs	1,615		1,377		1,429		1,515		1,457		1,401		1,343		1,383		1,370		1,462		1,275		1,678		17,304
Depreciation	802		801		843		799		809		808		796		808		793		802		800		681		9,541
Total Gross Margin	1,545		2,633		2,199		2,243		2,370		2,868		1,230		2,900		951		1,457		2,610		1,438		24,445
Gross Margin %	13.4	%	20.2	%	16.7	%	17.6	%	17.8	%	19.6	%	12.2	%	22.7	%	8.5	%	12.0	%	20.0	%	10.8	%	16.2	%
Selling expense	561		532		559		556		513		582		493		535		541		575		543		543		6,534
Marketing expense	244		206		181		207		131		38		149		104		123		164		170		236		1,952
Manufacturing and engineering	208		150		206		173		189		225		172		208		697		155		163		182		2,728
Research and development	239		226		257		288		251		259		241		234		254		246		256		300		3,050
General and Administrative	1,025		1,034		1,449		1,017		1,039		815		1,030		907		1,152		1,115		1,121		1,897		13,601
Operating Expenses	2,277		2,148		2,653		2,240		2,123		1,919		2,086		1,988		2,767		2,256		2,253		3,158		27,866
Restructuring charge	0		419		657		1		24		18		5		21		4		2		1		(9	)	1,144
Operating income	(732	)	66		(1,110	)	1		223		931		(861	)	891		(1,820	)	(801	)	356		(1,710	)	(4,565	)
Operating Margin %	-6.3	%	0.5	%	-8.4	%	0.0	%	1.7	%	6.4	%	-8.4	%	7.0	%	-16.2	%	-6.6	%	2.7	%	-12.8	%	-3.0	%
Other (expenses) and income:
Foriegn exchange, net	6		(6	)	(16	)	7		7		(2	)	(4	)	(29	)	(27	)	27		(0	)	(29	)	(66	)
Other Inc/(Exp)	(187	)	(184	)	(128	)	(172	)	(146	)	(81	)	(159	)	(193	)	(85	)	(171	)	(223	)	(424	)	(2,153	)
Other income/(expense)	(181	)	(190	)	(145	)	(165	)	(138	)	(84	)	(164	)	(221	)	(112	)	(144	)	(223	)	(453	)	(2,219	)
Interest Income	(29	)	(21	)	(33	)	(24	)	(17	)	(49	)	(17	)	(19	)	(38	)	(20	)	(19	)	(46	)	(332	)
Interest Expense	172		166		172		152		191		180		153		189		209		218		223		230		2,256
Interest (income)/expense	142		144		140		128		174		132		136		170		171		199		205		184		1,925
Net Income Before Taxes	(1,055	)	(268	)	(1,394	)	(291	)	(89	)	716		(1,161	)	499		(2,103	)	(1,143	)	(71	)	(2,347	)	(8,709	)
Current income tax expense	(286	)	(42	)	(137	)	(56	)	(17	)	174		(157	)	60		(2,665	)	(540	)	(34	)	(884	)	(4,583	)
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	(769	)	(226	)	(1,258	)	(235	)	(72	)	541		(1,004	)	439		562		(603	)	(38	)	(1,466	)	(4,129	)
Adjustments:
Amortization of intangibles	(99	)	(105	)	(104	)	(87	)	(90	)	(90	)	(90	)	(90	)	(58	)	(94	)	(94	)	(94	)	(1,096	)
Interest Income (Net of Tax @ 39%)	18		13		20		14		10		30		10		12		23		12		11		28		202
Interest Expense (Net of Tax @ 39%)	(105	)	(101	)	(105	)	(92	)	(117	)	(110	)	(93	)	(116	)	(128	)	(133	)	(136	)	(140	)	(1,376	)
Total adjustments	(186	)	(193	)	(189	)	(165	)	(196	)	(171	)	(173	)	(194	)	(162	)	(215	)	(219	)	(206	)	(2,270	)
NOPAT	(583	)	(33	)	(1,069	)	(70	)	124		712		(820	)	633		725		(388	)	181		(1,259	)	(1,859	)
EBITDA	(12	)	782		(308	)	723		984		1,745		(128	)	1,567		(1,081	)	(49	)	1,027		(1,388	)	3,853

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Americas Equipment
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	3,867		3,791		4,491		4,465		4,213		4,876		2,883		2,543		3,630		2,571		2,869		2,694		42,892
COGS @ Actual	2,818		2,535		2,928		3,256		2,712		3,456		1,987		2,022		2,643		1,916		2,113		2,168		30,554
PGM @ Actual	1,048		1,256		1,563		1,208		1,501		1,421		896		521		988		655		756		525		12,338
Product Gross Margin %	27.1	%	33.1	%	34.8	%	27.1	%	35.6	%	29.1	%	31.1	%	20.5	%	27.2	%	25.5	%	26.3	%	19.5	%	28.8	%
Plant Overhead	30		3		16		16		24		19		19		18		19		18		19		20		218
Production Service expense	0		0		0		0		0		0		0		0		0		0		0		0		0
Total Period Costs	30		3		16		16		24		19		19		18		19		18		19		20		218
Depreciation	112		107		127		113		112		115		106		98		109		98		99		83		1,281
Total Gross Margin	907		1,147		1,420		1,079		1,365		1,287		772		404		859		539		638		422		10,839
Gross Margin %	23.4	%	30.3	%	31.6	%	24.2	%	32.4	%	26.4	%	26.8	%	15.9	%	23.7	%	20.9	%	22.2	%	15.7	%	25.3	%
Selling expense	422		386		432		406		374		355		334		430		401		411		427		402		4,782
Marketing expense	59		46		40		49		30		10		35		25		28		36		39		50		448
Manufacturing and engineering	222		101		34		138		83		83		98		150		333		84		124		145		1,595
Research and development	73		72		78		83		73		74		63		65		74		78		83		96		913
General and Administrative	376		696		787		680		394		643		830		380		785		642		648		719		7,579
Operating Expenses	1,153		1,303		1,372		1,356		953		1,165		1,360		1,051		1,621		1,251		1,320		1,410		15,316
Restructuring charge	0		130		225		1		8		7		2		6		1		0		0		(2	)	377
Operating income	(246	)	(286	)	(177	)	(278	)	404		115		(590	)	(653	)	(763	)	(713	)	(682	)	(986	)	(4,854	)
Operating Margin %	-6.4	%	-7.6	%	-3.9	%	-6.2	%	9.6	%	2.4	%	-20.5	%	-25.7	%	-21.0	%	-27.7	%	-23.8	%	-36.6	%	-11.3	%
Other (expenses) and income:
Foriegn exchange, net	2		(2	)	(6	)	3		2		(1	)	(1	)	(8	)	(9	)	6		(0	)	(7	)	(19	)
Other Inc/(Exp)	(19	)	(20	)	(6	)	(14	)	(10	)	10		(73	)	(31	)	(38	)	(21	)	(37	)	75		(184	)
Other income/(expense)	(17	)	(22	)	(11	)	(11	)	(8	)	9		(74	)	(39	)	(47	)	(15	)	(37	)	68		(203	)
Interest Income	(11	)	(7	)	(11	)	(9	)	(5	)	(18	)	(5	)	(5	)	(12	)	(4	)	(5	)	(10	)	(103	)
Interest Expense	64		51		58		60		60		65		45		50		68		50		56		52		679
Interest (income)/expense	53		44		47		51		55		48		40		45		56		45		51		42		576
Net Income Before Taxes	(316	)	(352	)	(235	)	(339	)	342		76		(704	)	(737	)	(865	)	(773	)	(771	)	(959	)	(5,633	)
Current income tax expense	(86	)	(55	)	(23	)	(65	)	65		19		(96	)	(88	)	(1,097	)	(365	)	(364	)	(360	)	(2,515	)
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	(230	)	(298	)	(212	)	(274	)	277		58		(608	)	(648	)	231		(408	)	(406	)	(599	)	(3,118	)
Adjustments:
Amortization of intangibles	(13	)	(13	)	(15	)	(5	)	(10	)	(10	)	(9	)	(6	)	(31	)	(5	)	(6	)	(5	)	(126	)
Interest Income (Net of Tax @ 39%)	7		4		7		6		3		11		3		3		8		3		3		6		63
Interest Expense (Net of Tax @ 39%)	(39	)	(31	)	(35	)	(37	)	(37	)	(40	)	(28	)	(30	)	(42	)	(30	)	(34	)	(32	)	(414	)
Total adjustments	(45	)	(40	)	(43	)	(36	)	(43	)	(39	)	(33	)	(33	)	(65	)	(33	)	(37	)	(30	)	(478	)
NOPAT	(185	)	(258	)	(169	)	(239	)	320		97		(575	)	(615	)	296		(375	)	(369	)	(568	)	(2,640	)
EBITDA	(138	)	(189	)	(46	)	(171	)	519		249		(549	)	(588	)	(669	)	(624	)	(614	)	(829	)	(3,650	)

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Americas Consumer
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	232		236		771		308		445		240		258		395		527		695		535		181		4,824
COGS @ Actual	115		74		485		106		264		114		132		206		366		456		383		160		2,862
PGM @ Actual	117		161		286		202		181		126		126		189		161		239		152		21		1,963
Product Gross Margin %	50.3	%	68.4	%	37.1	%	65.7	%	40.8	%	52.5	%	48.9	%	47.9	%	30.5	%	34.4	%	28.3	%	11.5	%	40.7	%
Plant Overhead	0		0		0		0		0		0		0		0		0		0		0		0		0
Production Service expense	0		0		0		0		0		0		0		0		0		0		0		0		0
Total Period Costs	0		0		0		0		0		0		0		0		0		0		0		0		0
Depreciation	2		2		10		3		4		2		3		4		5		7		5		1		49
Total Gross Margin	114		159		277		199		177		124		123		185		156		232		147		19		1,913
Gross Margin %	49.3	%	67.5	%	35.9	%	64.8	%	39.8	%	51.7	%	47.8	%	46.9	%	29.5	%	33.4	%	27.4	%	10.7	%	39.7	%
Selling expense	8		7		8		8		11		7		7		10		7		9		7		7		97
Marketing expense	34		13		32		83		70		34		73		73		52		22		149		97		732
Manufacturing and engineering	0		0		0		0		0		0		0		0		24		(2	)	0		0		22
Research and development	15		14		16		18		16		16		15		15		16		15		16		19		191
General and Administrative	28		32		45		35		40		26		38		34		49		53		46		60		487
Operating Expenses	85		66		101		144		138		84		133		132		148		98		218		183		1,529
Restructuring charge	0		4		37		0		1		0		0		1		0		0		0		(0	)	42
Operating income	30		89		139		55		39		40		(10	)	53		8		134		(72	)	(164	)	342
Operating Margin %	12.9	%	37.9	%	18.0	%	18.0	%	8.7	%	16.5	%	-3.8	%	13.4	%	1.5	%	19.3	%	-13.4	%	-90.3	%	7.1	%
Other (expenses) and income:
Foriegn exchange, net	0		(0	)	(1	)	0		0		(0	)	(0	)	(1	)	(1	)	1		(0	)	(0	)	(2	)
Other Inc/(Exp)	(20	)	(20	)	(21	)	(20	)	(21	)	(19	)	(22	)	(22	)	(20	)	(23	)	(26	)	(25	)	(259	)
Other income/(expense)	(20	)	(20	)	(22	)	(20	)	(20	)	(19	)	(22	)	(23	)	(21	)	(22	)	(26	)	(25	)	(261	)
Interest Income	(0	)	(0	)	(2	)	(0	)	(1	)	(1	)	(0	)	(1	)	(2	)	(1	)	(1	)	(1	)	(9	)
Interest Expense	3		1		10		2		6		2		3		5		9		12		10		4		67
Interest (income)/expense	2		1		8		2		5		2		3		5		8		11		9		3		58
Net Income Before Taxes	8		68		109		34		13		19		(35	)	26		(21	)	102		(107	)	(192	)	23
Current income tax expense	2		11		11		6		2		5		(5	)	3		(27	)	48		(51	)	(72	)	(66	)
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	5		58		98		27		11		14		(30	)	23		6		54		(56	)	(120	)	89
Adjustments:
Amortization of intangibles	(19	)	(19	)	(20	)	(19	)	(19	)	(19	)	(21	)	(19	)	(19	)	(19	)	(20	)	(19	)	(232	)
Interest Income (Net of Tax @ 39%)	0		0		1		0		0		0		0		0		1		1		1		0		6
Interest Expense (Net of Tax @ 39%)	(2	)	(1	)	(6	)	(1	)	(4	)	(1	)	(2	)	(3	)	(6	)	(7	)	(6	)	(2	)	(41	)
Total adjustments	(20	)	(20	)	(25	)	(20	)	(22	)	(20	)	(23	)	(22	)	(24	)	(26	)	(26	)	(21	)	(267	)
NOPAT	26		77		123		47		33		34		(7	)	44		29		79		(31	)	(99	)	357
EBITDA	31		91		146		57		42		42		(8	)	53		11		139		(73	)	(168	)	362

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Asia Consolidated
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	1,022		927		1,120		1,279		1,056		1,612		997		717		1,177		1,283		1,615		1,431		14,234
COGS @ Actual	536		380		626		716		370		899		546		351		753		748		926		1,024		7,874
PGM @ Actual	486		547		494		562		685		713		450		366		424		535		689		408		6,360
Product Gross Margin %	47.6	%	59.0	%	44.1	%	44.0	%	64.9	%	44.2	%	45.2	%	51.0	%	36.1	%	41.7	%	42.7	%	28.5	%	44.7	%
Plant Overhead	74		87		88		93		93		82		81		95		92		148		93		150		1,176
Production Service expense	69		48		50		72		53		49		51		48		59		60		59		81		700
Total Period Costs	144		135		138		164		146		130		132		144		150		207		153		232		1,876
Depreciation	125		131		127		121		120		124		120		111		120		239		189		0		1,527
Total Gross Margin	217		280		229		277		419		459		198		111		154		89		348		176		2,957
Gross Margin %	21.3	%	30.2	%	20.5	%	21.7	%	39.7	%	28.5	%	19.9	%	15.5	%	13.1	%	6.9	%	21.5	%	12.3	%	20.8	%
Selling expense	58		99		95		93		97		105		60		110		45		84		120		98		1,063
Marketing expense	27		24		21		20		49		18		21		19		40		39		49		24		351
Manufacturing and engineering	0		0		0		0		0		0		0		0		49		(3	)	0		1		47
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		0
General and Administrative	77		84		70		180		71		85		86		98		132		111		128		226		1,346
Operating Expenses	162		207		186		293		217		208		166		227		266		230		297		348		2,806
Restructuring charge	0		19		47		0		1		2		0		1		0		0		0		(1	)	71
Operating income	56		54		(4	)	(16	)	201		249		31		(117	)	(113	)	(141	)	51		(171	)	80
Operating Margin %	5.4	%	5.9	%	-0.4	%	-1.2	%	19.1	%	15.5	%	3.1	%	-16.4	%	-9.6	%	-11.0	%	3.1	%	-12.0	%	0.6	%
Other (expenses) and income:
Foriegn exchange, net	0		(0	)	(1	)	1		0		(0	)	(0	)	(1	)	(2	)	2		(0	)	(3	)	(5	)
Other Inc/(Exp)	(6	)	(4	)	(2	)	(7	)	(2	)	1		(6	)	(5	)	(3	)	(7	)	(14	)	(35	)	(90	)
Other income/(expense)	(6	)	(4	)	(3	)	(7	)	(2	)	1		(6	)	(6	)	(5	)	(4	)	(14	)	(39	)	(95	)
Interest Income	(2	)	(1	)	(2	)	(2	)	(1	)	(5	)	(1	)	(1	)	(4	)	(2	)	(2	)	(5	)	(27	)
Interest Expense	12		8		12		13		8		17		12		9		19		19		25		25		180
Interest (income)/expense	10		7		10		11		7		12		11		8		16		18		23		20		152
Net Income Before Taxes	40		44		(17	)	(34	)	192		237		14		(131	)	(133	)	(164	)	14		(229	)	(167	)
Current income tax expense	11		7		(2	)	(6	)	36		58		2		(16	)	(169	)	(77	)	7		(86	)	(236	)
Equity (loss)/income	(12	)	161		124		298		44		8		290		90		17		(16	)	67		(1,796	)	(725	)
Net Income	17		198		109		271		199		188		302		(25	)	53		(102	)	74		(1,939	)	(656	)
Adjustments:
Amortization of intangibles	0		0		0		0		0		0		0		0		0		0		0		0		0
Interest Income (Net of Tax @ 39%)	1		1		1		1		0		3		1		1		2		1		1		3		17
Interest Expense (Net of Tax @ 39%)	(7	)	(5	)	(8	)	(8	)	(5	)	(10	)	(8	)	(5	)	(12	)	(12	)	(15	)	(15	)	(110	)
Total adjustments	(6	)	(4	)	(6	)	(7	)	(5	)	(8	)	(7	)	(5	)	(10	)	(11	)	(14	)	(12	)	(93	)
NOPAT	23		202		115		277		204		195		309		(21	)	62		(91	)	88		(1,927	)	(563	)
EBITDA	174		182		120		98		319		374		146		(12	)	2		93		225		(210	)	1,512

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Asia Carbon & Service
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	917		921		1,084		1,180		976		1,455		981		684		1,121		1,260		1,447		1,374		13,401
COGS @ Actual	472		376		607		707		347		842		534		338		714		729		884		976		7,526
PGM @ Actual	446		545		477		473		629		613		447		346		407		532		564		398		5,875
Product Gross Margin %	48.6	%	59.2	%	44.0	%	40.1	%	64.5	%	42.1	%	45.6	%	50.6	%	36.3	%	42.2	%	38.9	%	29.0	%	43.8	%
Plant Overhead	74		87		88		93		93		82		81		95		92		148		93		150		1,176
Production Service expense	69		48		50		72		53		49		51		48		59		60		59		81		700
Total Period Costs	144		135		138		164		146		130		132		144		150		207		153		232		1,876
Depreciation	124		131		126		120		119		123		120		111		119		239		187		(0	)	1,519
Total Gross Margin	178		278		212		188		364		360		195		91		138		86		224		167		2,480
Gross Margin %	19.4	%	30.2	%	19.5	%	16.0	%	37.3	%	24.7	%	19.9	%	13.4	%	12.3	%	6.8	%	15.5	%	12.1	%	18.5	%
Selling expense	55		96		95		90		95		104		58		108		44		82		118		95		1,041
Marketing expense	27		24		21		20		49		18		21		19		40		39		49		24		351
Manufacturing and engineering	0		0		0		0		0		0		0		0		46		(2	)	0		1		45
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		(0	)
General and Administrative	73		84		69		180		69		83		85		98		130		110		125		222		1,328
Operating Expenses	156		204		185		290		214		205		163		226		260		228		293		341		2,764
Restructuring charge	0		19		46		0		1		2		0		1		0		0		0		(1	)	69
Operating income	23		55		(19	)	(102	)	149		154		31		(135	)	(122	)	(143	)	(69	)	(174	)	(353	)
Operating Margin %	2.5	%	6.0	%	-1.8	%	-8.6	%	15.3	%	10.6	%	3.2	%	-19.8	%	-10.9	%	-11.3	%	-4.8	%	-12.6	%	-2.6	%
Other (expenses) and income:
Foriegn exchange, net	0		(0	)	(1	)	1		0		(0	)	(0	)	(1	)	(2	)	2		(0	)	(3	)	(5	)
Other Inc/(Exp)	(5	)	(4	)	(2	)	(7	)	(2	)	1		(5	)	(5	)	(2	)	(7	)	(14	)	(34	)	(86	)
Other income/(expense)	(5	)	(4	)	(3	)	(7	)	(2	)	1		(6	)	(6	)	(5	)	(4	)	(14	)	(37	)	(91	)
Interest Income	(2	)	(1	)	(2	)	(2	)	(1	)	(4	)	(1	)	(1	)	(3	)	(2	)	(2	)	(5	)	(26	)
Interest Expense	11		8		12		13		8		16		12		8		18		19		24		24		172
Interest (income)/expense	9		7		10		11		7		12		11		8		15		17		22		19		146
Net Income Before Taxes	9		44		(32	)	(120	)	140		143		14		(149	)	(142	)	(164	)	(104	)	(229	)	(589	)
Current income tax expense	2		7		(3	)	(23	)	27		35		2		(18	)	(180	)	(78	)	(49	)	(86	)	(364	)
Equity (loss)/income	(12	)	161		124		298		44		8		290		90		17		(16	)	67		(1,796	)	(725	)
Net Income	(6	)	199		95		201		158		116		302		(41	)	55		(103	)	12		(1,939	)	(950	)
Adjustments:
Amortization of intangibles	0		0		0		0		0		0		0		0		0		0		0		0		0
Interest Income (Net of Tax @ 39%)	1		1		1		1		0		3		1		1		2		1		1		3		16
Interest Expense (Net of Tax @ 39%)	(7	)	(5	)	(7	)	(8	)	(5	)	(10	)	(7	)	(5	)	(11	)	(12	)	(14	)	(14	)	(105	)
Total adjustments	(5	)	(4	)	(6	)	(7	)	(4	)	(7	)	(7	)	(5	)	(9	)	(11	)	(13	)	(11	)	(89	)
NOPAT	(0	)	203		101		208		162		123		309		(36	)	64		(92	)	25		(1,928	)	(861	)
EBITDA	141		182		104		11		266		277		145		(30	)	(8	)	92		105		(211	)	1,076

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Asia Equipment
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	105		6		36		99		79		157		15		33		56		23		167		57		833
COGS @ Actual	64		4		18		9		23		57		12		13		39		19		42		47		348
PGM @ Actual	40		2		18		90		56		100		3		20		17		4		125		9		485
Product Gross Margin %	38.6	%	39.4	%	49.2	%	90.7	%	70.6	%	63.8	%	20.7	%	60.6	%	30.2	%	16.0	%	75.0	%	16.7	%	58.2	%
Plant Overhead	0		0		0		0		0		0		0		0		0		0		0		0		0
Production Service expense	0		0		0		0		0		0		0		0		0		0		0		0		0
Total Period Costs	0		0		0		0		0		0		0		0		0		0		0		0		0
Depreciation	1		0		0		1		1		1		0		0		1		0		2		0		8
Total Gross Margin	39		2		17		89		55		99		3		20		16		3		124		9		477
Gross Margin %	37.6	%	38.5	%	48.0	%	89.8	%	69.6	%	62.9	%	19.5	%	59.5	%	29.2	%	15.0	%	74.0	%	15.9	%	57.3	%
Selling expense	2		2		0		2		1		2		2		2		2		1		2		3		22
Marketing expense	0		0		0		0		0		0		0		0		0		(0	)	0		0		0
Manufacturing and engineering	0		0		0		0		0		0		0		0		3		(0	)	0		0		2
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		0
General and Administrative	4		0		1		0		1		2		1		0		2		1		2		3		18
Operating Expenses	6		3		1		3		3		3		3		2		6		2		4		7		43
Restructuring charge	0		0		1		0		0		0		0		0		0		0		0		(0	)	2
Operating income	33		(0	)	15		86		52		95		0		18		10		1		120		2		433
Operating Margin %	31.6	%	-7.3	%	41.8	%	86.9	%	66.0	%	60.8	%	1.7	%	54.4	%	17.8	%	5.0	%	71.5	%	4.2	%	51.9	%
Other (expenses) and income:
Foriegn exchange, net	0		(0	)	(0	)	0		0		(0	)	(0	)	(0	)	(0	)	0		(0	)	(0	)	(0	)
Other Inc/(Exp)	(1	)	(0	)	(0	)	(0	)	(0	)	0		(0	)	(0	)	(0	)	(0	)	(1	)	(2	)	(4	)
Other income/(expense)	(1	)	(0	)	(0	)	(0	)	(0	)	0		(0	)	(0	)	(0	)	(0	)	(1	)	(2	)	(4	)
Interest Income	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(1	)
Interest Expense	1		0		0		0		1		1		0		0		1		0		1		1		8
Interest (income)/expense	1		0		0		0		0		1		0		0		1		0		1		1		7
Net Income Before Taxes	31		(1	)	15		86		52		95		(0	)	17		9		1		118		(0	)	422
Current income tax expense	8		(0	)	1		16		10		23		(0	)	2		11		0		56		(0	)	128
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	23		(0	)	13		69		42		72		(0	)	15		(2	)	0		62		(0	)	294
Adjustments:
Amortization of intangibles	0		0		0		0		0		0		0		0		0		0		0		0		0
Interest Income (Net of Tax @ 39%)	0		0		0		0		0		0		0		0		0		0		0		0		1
Interest Expense (Net of Tax @ 39%)	(1	)	(0	)	(0	)	(0	)	(0	)	(1	)	(0	)	(0	)	(1	)	(0	)	(1	)	(1	)	(5	)
Total adjustments	(1	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(0	)	(1	)	(0	)	(1	)	(1	)	(4	)
NOPAT	23		(0	)	14		69		42		72		0		16		(2	)	1		63		0		298
EBITDA	33		(0	)	16		87		53		97		0		18		10		1		121		1		437

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Europe Consolidated
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	7,315		9,258		12,574		13,253		11,925		11,953		11,010		10,468		8,225		8,294		8,778		8,240		121,294
COGS @ Actual	4,411		5,355		7,907		8,432		7,736		8,201		7,455		7,118		5,045		5,631		5,128		4,388		76,807
PGM @ Actual	2,904		3,903		4,668		4,821		4,189		3,753		3,555		3,351		3,180		2,662		3,650		3,852		44,487
Product Gross Margin %	39.7	%	42.2	%	37.1	%	36.4	%	35.1	%	31.4	%	32.3	%	32.0	%	38.7	%	32.1	%	41.6	%	46.7	%	36.7	%
Plant Overhead	733		712		590		711		792		689		685		666		682		627		616		469		7,973
Production Service expense	318		284		359		342		309		296		282		354		245		363		267		273		3,692
Total Period Costs	1,052		997		949		1,053		1,101		986		967		1,020		927		990		883		741		11,665
Depreciation	673		677		751		710		693		667		630		610		585		602		599		504		7,701
Total Gross Margin	1,180		2,229		2,968		3,058		2,396		2,099		1,958		1,721		1,668		1,070		2,168		2,606		25,121
Gross Margin %	16.1	%	24.1	%	23.6	%	23.1	%	20.1	%	17.6	%	17.8	%	16.4	%	20.3	%	12.9	%	24.7	%	31.6	%	20.7	%
Selling expense	480		507		468		490		481		378		452		391		427		446		458		230		5,206
Marketing expense	118		85		85		144		158		125		123		59		86		63		49		71		1,166
Manufacturing and engineering	155		84		117		94		148		89		109		113		436		110		118		103		1,676
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		(0	)
General and Administrative	811		939		1,520		1,044		999		668		986		868		810		820		857		852		11,174
Operating Expenses	1,564		1,615		2,190		1,773		1,786		1,259		1,670		1,431		1,758		1,439		1,482		1,256		19,222
Restructuring charge	0		272		600		1		22		16		6		20		2		1		1		(4	)	936
Operating income	(384	)	342		178		1,284		588		824		282		269		(92	)	(370	)	685		1,355		4,963
Operating Margin %	-5.2	%	3.7	%	1.4	%	9.7	%	4.9	%	6.9	%	2.6	%	2.6	%	-1.1	%	-4.5	%	7.8	%	16.4	%	4.1	%
Other (expenses) and income:
Foriegn exchange, net	4		(4	)	(15	)	7		7		(2	)	(5	)	(27	)	(17	)	18		(0	)	(13	)	(47	)
Other Inc/(Exp)	(96	)	(94	)	(66	)	(131	)	(93	)	(33	)	(118	)	(136	)	(58	)	(93	)	(121	)	(194	)	(1,233	)
Other income/(expense)	(92	)	(98	)	(81	)	(124	)	(86	)	(35	)	(122	)	(163	)	(75	)	(75	)	(121	)	(207	)	(1,280	)
Interest Income	(17	)	(14	)	(30	)	(24	)	(15	)	(42	)	(19	)	(18	)	(24	)	(13	)	(11	)	(21	)	(248	)
Interest Expense	100		107		157		156		171		154		169		176		130		146		136		106		1,709
Interest (income)/expense	83		94		127		132		156		113		150		158		106		133		125		85		1,461
Net Income Before Taxes	(559	)	150		(30	)	1,029		346		676		9		(52	)	(273	)	(578	)	439		1,063		2,222
Current income tax expense	(152	)	23		2		197		66		165		1		(6	)	(346	)	(273	)	208		399		284
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	(407	)	127		(32	)	832		281		512		8		(46	)	73		(305	)	232		664		1,938
Adjustments:
Amortization of intangibles	(45	)	(43	)	(44	)	(44	)	(43	)	(41	)	(41	)	(41	)	(41	)	(42	)	(42	)	(42	)	(509	)
Interest Income (Net of Tax @ 39%)	10		8		18		15		9		25		12		11		14		8		7		13		151
Interest Expense (Net of Tax @ 39%)	(61	)	(66	)	(96	)	(95	)	(104	)	(94	)	(103	)	(107	)	(79	)	(89	)	(83	)	(64	)	(1,042	)
Total adjustments	(95	)	(100	)	(121	)	(124	)	(138	)	(110	)	(133	)	(138	)	(106	)	(123	)	(118	)	(94	)	(1,400	)
NOPAT	(312	)	227		650		956		419		621		141		92		179		(182	)	350		758		3,338
EBITDA	241		964		1,508		1,914		1,238		1,498		830		758		459		199		1,206		1,694		11,892

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Europe Carbon & Service
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	5,628		6,203		6,771		6,465		6,634		6,501		7,138		7,548		6,447		6,235		6,385		5,521		77,476
COGS @ Actual	3,220		3,563		3,883		3,639		3,979		4,003		4,416		4,967		3,615		4,178		3,622		2,670		45,756
PGM @ Actual	2,407		2,640		2,888		2,826		2,654		2,498		2,722		2,581		2,833		2,057		2,763		2,851		31,720
Product Gross Margin %	42.8	%	42.6	%	42.6	%	43.7	%	40.0	%	38.4	%	38.1	%	34.2	%	43.9	%	33.0	%	43.3	%	51.6	%	40.9	%
Plant Overhead	442		433		521		427		461		463		407		426		381		365		358		388		5,072
Production Service expense	255		239		267		290		233		256		237		314		202		327		225		263		3,108
Total Period Costs	696		671		789		716		694		719		644		740		582		692		583		652		8,180
Depreciation	535		529		558		528		525		508		480		474		461		475		471		392		5,936
Total Gross Margin	1,176		1,440		1,541		1,582		1,435		1,271		1,598		1,367		1,790		890		1,709		1,807		17,605
Gross Margin %	20.9	%	23.2	%	22.8	%	24.5	%	21.6	%	19.5	%	22.4	%	18.1	%	27.8	%	14.3	%	26.8	%	32.7	%	22.7	%
Selling expense	377		396		377		373		376		332		360		339		323		334		346		180		4,112
Marketing expense	62		63		56		77		80		67		72		49		73		60		48		64		771
Manufacturing and engineering	66		63		53		46		117		44		57		45		280		36		46		57		909
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		(0	)
General and Administrative	613		687		1,242		667		655		475		689		653		617		642		645		594		8,180
Operating Expenses	1,117		1,209		1,728		1,163		1,229		918		1,177		1,086		1,294		1,072		1,085		896		13,971
Restructuring charge	0		181		295		1		11		8		4		14		1		1		0		(3	)	513
Operating income	59		50		(482	)	419		195		345		418		267		495		(183	)	624		914		3,121
Operating Margin %	1.1	%	0.8	%	2.0	%	6.5	%	2.9	%	5.3	%	5.9	%	3.5	%	7.7	%	-2.9	%	9.8	%	16.5	%	4.0	%
Other (expenses) and income:
Foriegn exchange, net	3		(3	)	(7	)	3		3		(1	)	(3	)	(19	)	(12	)	13		(0	)	(8	)	(30	)
Other Inc/(Exp)	(82	)	(77	)	(55	)	(82	)	(69	)	(37	)	(86	)	(108	)	(53	)	(80	)	(97	)	(134	)	(961	)
Other income/(expense)	(80	)	(80	)	(62	)	(78	)	(65	)	(38	)	(89	)	(126	)	(65	)	(67	)	(98	)	(142	)	(991	)
Interest Income	(12	)	(9	)	(15	)	(11	)	(8	)	(20	)	(11	)	(12	)	(17	)	(10	)	(8	)	(13	)	(146	)
Interest Expense	73		71		77		67		88		75		100		123		93		109		96		64		1,037
Interest (income)/expense	60		62		62		57		80		55		89		110		76		99		88		51		891
Net Income Before Taxes	(81	)	(92	)	(606	)	284		50		252		239		30		353		(348	)	438		720		1,239
Current income tax expense	(22	)	(14	)	(54	)	54		9		61		33		4		448		(165	)	207		270		831
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	(59	)	(78	)	(552	)	230		40		191		207		27		(94	)	(184	)	231		449		408
Adjustments:
Amortization of intangibles	(45	)	(43	)	(44	)	(44	)	(43	)	(41	)	(41	)	(41	)	(41	)	(42	)	(42	)	(42	)	(509	)
Interest Income (Net of Tax @ 39%)	8		6		9		6		5		12		7		8		10		6		5		8		89
Interest Expense (Net of Tax @ 39%)	(44	)	(44	)	(47	)	(41	)	(54	)	(46	)	(61	)	(75	)	(57	)	(66	)	(59	)	(39	)	(633	)
Total adjustments	(82	)	(81	)	(82	)	(79	)	(92	)	(75	)	(95	)	(108	)	(88	)	(102	)	(96	)	(73	)	(1,053	)
NOPAT	23		3		91		308		132		265		302		135		(7	)	(82	)	327		523		1,460
EBITDA	559		542		675		912		698		856		850		656		931		268		1,039		1,205		8,575

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Europe Equipment
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	10		974		887		879		581		260		387		588		607		353		608		519		6,654
COGS @ Actual	149		619		763		628		410		246		316		409		440		288		343		175		4,787
PGM @ Actual	(139	)	355		124		251		171		13		71		179		167		65		266		345		1,867
Product Gross Margin %	-1357.5	%	36.5	%	14.0	%	28.5	%	29.4	%	5.1	%	18.3	%	30.4	%	27.5	%	18.3	%	43.6	%	66.4	%	28.1	%
Plant Overhead	0		0		0		0		0		0		0		0		0		0		0		0		0
Production Service expense	0		0		0		0		0		0		0		0		0		0		0		0		0
Total Period Costs	0		0		0		0		0		0		0		0		0		0		0		0		0
Depreciation	15		24		26		23		20		16		15		17		17		15		17		14		219
Total Gross Margin	(154	)	331		98		228		151		(3	)	56		162		150		49		248		331		1,648
Gross Margin %	-1504.3	%	34.0	%	11.0	%	25.9	%	26.0	%	-1.0	%	14.4	%	27.6	%	24.7	%	14.0	%	40.8	%	63.7	%	24.8	%
Selling expense	20		20		20		21		18		15		19		18		20		28		17		(5	)	211
Marketing expense	0		0		0		0		0		0		0		0		0		(0	)	0		0		0
Manufacturing and engineering	78		8		55		39		21		38		42		59		82		68		66		42		598
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		0
General and Administrative	55		92		83		86		69		36		64		65		68		60		67		60		806
Operating Expenses	153		120		158		146		108		89		125		142		170		156		151		97		1,614
Restructuring charge	0		31		58		0		1		0		0		1		0		0		0		(0	)	93
Operating income	(307	)	180		(118	)	82		42		(92	)	(70	)	18		(20	)	(107	)	98		234		(59	)
Operating Margin %	-3001.1	%	18.5	%	-13.3	%	9.3	%	7.3	%	-35.5	%	-18.0	%	3.1	%	-3.3	%	-30.3	%	16.1	%	45.0	%	-0.9	%
Other (expenses) and income:
Foriegn exchange, net	0		(0	)	(1	)	1		0		(0	)	(0	)	(2	)	(1	)	1		(0	)	(1	)	(4	)
Other Inc/(Exp)	(2	)	(6	)	(2	)	(6	)	(3	)	0		(3	)	(5	)	(1	)	(3	)	(5	)	(6	)	(43	)
Other income/(expense)	(2	)	(6	)	(4	)	(6	)	(2	)	0		(3	)	(7	)	(3	)	(2	)	(5	)	(7	)	(47	)
Interest Income	(1	)	(2	)	(3	)	(2	)	(1	)	(1	)	(1	)	(1	)	(2	)	(1	)	(1	)	(1	)	(15	)
Interest Expense	3		12		15		12		9		5		7		10		11		7		9		4		106
Interest (income)/expense	3		11		12		10		8		3		6		9		9		7		8		3		91
Net Income Before Taxes	(311	)	163		(134	)	66		32		(95	)	(79	)	2		(32	)	(115	)	84		224		(196	)
Current income tax expense	(84	)	25		(13	)	13		6		(23	)	(11	)	0		(41	)	(55	)	40		84		(59	)
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	(227	)	137		(121	)	54		26		(72	)	(69	)	2		9		(61	)	44		140		(137	)
Adjustments:
Amortization of intangibles	0		0		0		0		0		0		0		0		0		0		0		0		0
Interest Income (Net of Tax @ 39%)	0		1		2		1		0		1		0		1		1		0		0		1		9
Interest Expense (Net of Tax @ 39%)	(2	)	(8	)	(9	)	(7	)	(6	)	(3	)	(4	)	(6	)	(7	)	(5	)	(6	)	(3	)	(64	)
Total adjustments	(2	)	(7	)	(7	)	(6	)	(5	)	(2	)	(4	)	(6	)	(6	)	(4	)	(5	)	(2	)	(55	)
NOPAT	(225	)	144		(113	)	60		31		(70	)	(65	)	8		14		(57	)	49		142		(82	)
EBITDA	(293	)	197		(96	)	99		60		(76	)	(58	)	28		(6	)	(93	)	110		241		113

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Europe Charcoal/Liquid
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	898		1,261		4,218		5,430		4,179		4,613		3,160		1,557		493		1,155		1,152		1,839		29,955
COGS @ Actual	616		721		2,907		4,001		3,137		3,655		2,536		1,356		555		832		810		1,279		22,404
PGM @ Actual	282		540		1,311		1,429		1,042		958		624		201		(62	)	323		342		560		7,551
Product Gross Margin %	31.4	%	42.8	%	31.1	%	26.3	%	24.9	%	20.8	%	19.7	%	12.9	%	-12.7	%	28.0	%	29.7	%	30.4	%	25.2	%
Plant Overhead	213		201		(20	)	203		262		171		196		176		228		181		187		20		2,020
Production Service expense	64		46		91		53		76		40		45		40		44		36		41		9		584
Total Period Costs	277		247		71		256		338		211		241		216		272		217		228		30		2,604
Depreciation	98		99		141		138		126		122		115		95		84		91		90		82		1,281
Total Gross Margin	(93	)	194		1,099		1,035		578		625		268		(110	)	(419	)	15		24		449		3,666
Gross Margin %	-10.3	%	15.4	%	26.1	%	19.1	%	13.8	%	13.5	%	8.5	%	-7.1	%	-84.9	%	1.3	%	2.1	%	24.4	%	12.2	%
Selling expense	48		50		46		64		58		18		51		11		47		47		49		22		511
Marketing expense	52		18		25		63		75		59		48		6		1		3		4		11		365
Manufacturing and engineering	0		0		0		0		0		0		0		0		36		(3	)	0		1		34
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		(0	)
General and Administrative	84		91		149		250		236		143		197		104		73		80		101		152		1,660
Operating Expenses	183		160		220		378		368		220		296		120		157		127		154		186		2,570
Restructuring charge	0		37		220		1		9		7		2		4		0		0		0		(1	)	279
Operating income	(276	)	(2	)	658		657		202		397		(30	)	(234	)	(576	)	(112	)	(129	)	264		818
Operating Margin %	-30.8	%	-0.2	%	15.6	%	12.1	%	4.8	%	8.6	%	-1.0	%	-15.1	%	-116.8	%	-9.7	%	-11.2	%	14.4	%	2.7	%
Other (expenses) and income:
Foriegn exchange, net	1		(1	)	(5	)	3		3		(1	)	(2	)	(5	)	(2	)	3		(0	)	(4	)	(10	)
Other Inc/(Exp)	(7	)	(7	)	(8	)	(41	)	(20	)	3		(26	)	(18	)	(2	)	(8	)	(12	)	(44	)	(191	)
Other income/(expense)	(7	)	(7	)	(14	)	(38	)	(18	)	3		(28	)	(23	)	(4	)	(5	)	(12	)	(48	)	(201	)
Interest Income	(2	)	(2	)	(11	)	(12	)	(6	)	(19	)	(6	)	(3	)	(3	)	(2	)	(2	)	(6	)	(74	)
Interest Expense	14		14		58		74		69		69		58		33		14		22		22		31		477
Interest (income)/expense	12		13		47		62		63		50		51		30		12		20		20		25		404
Net Income Before Taxes	(294	)	(22	)	598		557		121		349		(109	)	(288	)	(591	)	(137	)	(162	)	191		213
Current income tax expense	(80	)	(3	)	59		107		23		85		(15	)	(34	)	(749	)	(65	)	(76	)	72		(678	)
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	(215	)	(19	)	540		450		98		264		(94	)	(253	)	158		(72	)	(85	)	119		891
Adjustments:
Amortization of intangibles	0		0		0		0		0		0		0		0		0		0		0		0		0
Interest Income (Net of Tax @ 39%)	1		1		7		7		4		11		4		2		2		1		1		4		45
Interest Expense (Net of Tax @ 39%)	(8	)	(9	)	(35	)	(45	)	(42	)	(42	)	(35	)	(20	)	(9	)	(13	)	(13	)	(19	)	(291	)
Total adjustments	(7	)	(8	)	(28	)	(38	)	(38	)	(31	)	(31	)	(18	)	(7	)	(12	)	(12	)	(15	)	(246	)
NOPAT	(207	)	(11	)	568		488		137		295		(63	)	(235	)	165		(60	)	(73	)	134		1,137
EBITDA	(185	)	90		786		757		310		522		57		(162	)	(495	)	(26	)	(52	)	298		1,898

Attachment (A)

Calgon Carbon Corporation
Profit Segment Reporting
Europe CCI
2005 Actual - Income Statement

	January		February		March		April		May		June		July		August		September		October		November		December		Total
Net Sales	779		819		698		479		531		580		325		776		678		551		633		360		7,210
COGS @ Actual	426		452		353		164		210		296		187		386		436		334		354		264		3,861
PGM @ Actual	353		367		345		315		322		284		138		390		242		218		279		96		3,349
Product Gross Margin %	45.3	%	44.9	%	49.4	%	65.7	%	60.6	%	48.9	%	42.4	%	50.2	%	35.8	%	39.5	%	44.1	%	26.7	%	46.5	%
Plant Overhead	78		79		89		81		69		56		82		64		73		80		71		60		882
Production Service expense	0		0		0		0		0		0		0		0		0		0		0		0		0
Total Period Costs	78		79		89		81		69		56		82		64		73		80		71		60		882
Depreciation	25		25		26		21		22		21		19		24		23		21		21		16		265
Total Gross Margin	250		264		230		212		231		207		36		302		147		116		186		20		2,203
Gross Margin %	32.1	%	32.3	%	33.0	%	44.3	%	43.5	%	35.7	%	11.1	%	39.0	%	21.7	%	21.0	%	29.5	%	5.6	%	30.6	%
Selling expense	35		41		25		32		29		13		23		23		37		36		46		33		373
Marketing expense	4		4		4		4		4		(1	)	3		4		11		1		(3	)	(4	)	31
Manufacturing and engineering	12		12		9		9		10		7		11		9		38		9		6		3		135
Research and development	0		0		0		0		0		0		0		0		0		(0	)	0		0		0
General and Administrative	60		70		46		41		39		13		36		46		51		38		44		45		528
Operating Expenses	110		127		84		87		82		32		72		83		138		84		93		77		1,067
Restructuring charge	0		23		27		0		1		1		0		1		0		0		0		(0	)	52
Operating income	140		114		119		126		149		174		(36	)	218		9		32		93		(56	)	1,083
Operating Margin %	18.0	%	14.0	%	17.1	%	26.2	%	28.1	%	30.0	%	-11.0	%	28.2	%	1.3	%	5.9	%	14.8	%	-15.7	%	15.0	%
Other (expenses) and income:
Foriegn exchange, net	0		(0	)	(1	)	0		0		(0	)	(0	)	(1	)	(1	)	1		(0	)	(1	)	(3	)
Other Inc/(Exp)	(5	)	(4	)	(1	)	(2	)	(1	)	0		(2	)	(5	)	(1	)	(3	)	(5	)	(9	)	(39	)
Other income/(expense)	(5	)	(5	)	(2	)	(2	)	(1	)	0		(2	)	(7	)	(3	)	(2	)	(5	)	(10	)	(42	)
Interest Income	(2	)	(1	)	(1	)	(0	)	(0	)	(2	)	(0	)	(1	)	(2	)	(1	)	(1	)	(1	)	(13	)
Interest Expense	10		9		7		3		5		6		4		10		11		9		9		6		88
Interest (income)/expense	8		8		6		3		4		4		4		9		9		8		9		5		76
Net Income Before Taxes	127		102		112		122		144		170		(42	)	203		(3	)	22		79		(71	)	965
Current income tax expense	35		16		11		23		27		41		(6	)	24		(4	)	11		38		(27	)	189
Equity (loss)/income	0		0		0		0		0		0		0		0		0		0		0		0		0
Net Income	93		86		101		98		117		129		(36	)	179		1		12		42		(45	)	777
Adjustments:
Amortization of intangibles	0		0		0		0		0		0		0		0		0		0		0		0		0
Interest Income (Net of Tax @ 39%)	1		1		1		0		0		1		0		1		1		0		0		1		8
Interest Expense (Net of Tax @ 39%)	(6	)	(6	)	(4	)	(2	)	(3	)	(3	)	(3	)	(6	)	(7	)	(5	)	(6	)	(4	)	(54	)
Total adjustments	(5	)	(5	)	(3	)	(2	)	(3	)	(2	)	(2	)	(5	)	(6	)	(5	)	(5	)	(3	)	(46	)
NOPAT	98		91		105		100		119		131		(34	)	184		7		17		47		(41	)	823
EBITDA	160		134		143		146		170		196		(18	)	236		29		51		109		(50	)	1,306

Attachment A

Headcount Report
31-Dec-05

Department/Function
Senior Lead Team & CEO	8
Global U. V. Business	22
Engineered Solutions Plant	6
Totals	36
Total Employees	1052.2

Attachment A

Headcount Report
31-Dec-05

Department/Function	AMERICAS		EUROPE		ASIA
Americas Administration		1
Corporate HQ		1
Environmental, Health & Safety		7
Finance		20		14
Human Resources		4		5
Legal		1
Information Technology		2		2.4
Process Excellence & Q. A.		7		4
Strategic Development		5
Business Logistics		8
Supply Chain		11		40.3
Research and Development		23		4
Customer Excellence		16		12.9
Engineering		21		22		1
Field Service		43		6
Manufacturing, Eng., Mtc, Admin.		16				1
Marketing		5		2		1
Product Management		4		4
Sales		52		24		7
Consumer Business		2
Solvent Recovery		25
Total		274		140.6		10
Grand Total		424.6

Attachment A

Manufacturing Headcount by Region
31-Dec-05

Department/Function	AMERICAS		EUROPE		ASIA
Ashton				18
Big Sandy Plant		155
Blue Lake Plant		1
Bodenfelde Plant				93.5
CCI Plant (Durham)				22
Columbus Plant		56
Datong Plant						37
Equipment and Assembly Plant		15
Feluy				57.1
Grays Plant				12
Neville Island Plant		69
Pearl River Plant		38
Tianjin Plant						18
Hourly
Casual/Temporary
Totals		334		202.6		55
Grand Total		591.6