VA Technologie AG

euro adhoc: VA Technologie AG
Mergers - Acquisitions - Takeovers
Andlinger Group takes over remaining parts of MCE VOEST (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

Andlinger Group took over 19.9% of the shares of MCE VOEST from VA Technologie AG (VA TECH) that is quoted on the Vienna stock exchange, and thus holds all shares of MCE VOEST.

The now sole associate, Andlinger Group Anlagenbau Holding AG, changed its company name to MCE AG.

The successful co-operation of VA TECH and MCE remains unaffected by the retirement of VA TECH as partner and will be continued in the same way as before.

MCE AG is a leading and multivendor Services Group and a life-cycle-partner for constructing and servicing industrial plants, buildings and infrastructural equipment in Central Europe.  MCE Group realises sales of approx. EUR 740m with 7,000 employees.

The press statements of MCE AG are also available in the Internet using the address http://www.mcevoest.com.

The listed VA Technologie AG (VA TECH) is a focused Technology and Service Company which provides value to customers over the entire plant life cycle. Leading international positions are held in Metallurgy, Hydro Power Generation, Transmission and Distribution, Water Systems and Infrastructure. In 2001,VA TECH achieved sales of EUR 4 bn according to IAS with a work force of 18,847 employees.

This and other VA TECH Group press releases are available on the homepage http://www.vatech.at or can be individually received via our automatic mailing service.  

end of announcement            euro adhoc 18.12.2002
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Further inquiry note: Wolfgang Schwaiger Strategy, Communications and Investor Relations phone: 43 732 6986-9222 fax: 43 732 6980-3416 wolfgang.schwaiger@vatech.at

Branche: Technology
ISIN:      AT0000937453
WKN:        093745
Index:    ATX, ATX Prime, WBI
Börsen:  Bayerische Börse / free trade
              Berliner Wertpapierbörse / free trade
              Wiener Börse AG / official dealing



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