VA Technologie AG

euro adhoc: VA Technologie AG
VA TECH sells the WABAG location in Ravensburg (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- Another important steps towards achieving the WABAG target structure. The listed VA TECH has revealed the sale of WABAG’s Fluidised Bed Business Area to the Andritz technology group. In 2003, this Business Area, which is located in Ravensburg, Germany, achieved sales revenues of EUR 15-20 m with a sales force of around 50. Confidentiality has been agreed regarding the selling price, but subject to approval by the anti-trust authorities, the contract should take effect at the end of October 2004. Following the divestment of the WABAG business units in Germany and France (as announced at the Group’s half-year result press conference on August 26), this sale constitutes a further significant advance towards achieving the WABAG target structure. This structure foresees a concentration at the locations in Vienna (for international project business) and Winterthur (biolfitration competence centre, Switzerland), with a work force of around 150. This new structure will be in position by the end of the current year. Vienna, September 3, 2004 end of announcement euro adhoc 03.09.2004 --------------------------------------------------------------------- Further inquiry note: Bettina Pepek Press Officer Tel: 0043 1 89 100 3400 Branche: Technology ISIN: AT0000937453 WKN: 093745 Index: ATX, ATX Prime, WBI Börsen: Wiener Börse AG / official dealing Berliner Wertpapierbörse / free trade Bayerische Börse / free trade

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