VA Technologie AG

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VA TECH T&D captures contracts with a total value of over EUR 100 million

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- 13.01.2005 Order for switchgears in Tunisia worth EUR 42 m Industrial order from Brazil valued at EUR 25 m Switchgear projects in the UK totalling EUR 36 m VA TECH Transmission&Distribution, a subsidiary of the listed VA TECH and one of the world’s leading manufacturers of plants for high-voltage transmission and distribution, has recently secured major, international orders with a total value of over EUR 100 m. Moreover, during the 2004 financial year, order intake was raised by 9% to more than EUR 1.2 bn. Tunisia’s leading energy supplier awards T&D a EUR 42 m contract STEG, Tunisia’s leading energy supply company, has entrusted VA TECH T&D with an order for six turn key substations,TH7m-type. The project, which is worth approximately EUR 42 m, is set to take around two years. Project worth EUR 25 m from the Arcelor subsidiary, CST VA TECH T&D has recently secured its largest ever order in the Brazilian market. Companhia Siderurgica de Tubarão (CST), an Arcelor Group subsidiary and one of the most important steel producers in the world, has commissioned the VA TECH company with the entire electricity supply for a steel plate plant, the production capacity of which is currently being enlarged from 5 -7.5 m t/a.The contract includes three gas insulated, outdoor switchgear bays, several high-voltage transformers, automation and protection systems. Project completion is planned for March of 2006. Switchgear projects in the UK worth around EUR 36 m The UK National Grid, Transco, has allotted four switchgear projects from around the country to VA TECH T&D. In all four cases, the scope of delivery includes supply, installation and start-up. In addition, as part of modernisation of the rail links to the west coast of England, VA TECH T&D is to assume responsibility for two transformer links and the modification of the related switchgear control and protection systems. All in all, these orders have a value of about EUR 36 m. China buys three high-voltage transformers with a value of over EUR 2 m VA TECH Elin Transformer Guangzhou is to deliver three single-phase, high-voltage autotransformers (250 MVA 500 kV) for a substation in Jining, China. The customer is the Shandong Provincial Electric Power Company, which is responsible for the complete electricity supply of the 91 million inhabitants of the province of Shandong. With regard to the current project, VA TECH T&D was able to fight off stiff competition from local manufacturers. VA TECH Elin Transformer Guangzhou entered the Chinese 500 kV high-voltage market in 2003. It is assisted during project completion by the Centre of Competence and its European sister companies, led by VA TECH ELIN Transformatoren in Weiz, Austria. Order intake up by 9% In 2004, VA TECH T&D raised its order intake by 9% over the preceding year to EUR 1,230 m. The strongest regions in terms of sales were Europe, the Near/Middle East and Africa. Among the most significant orders received was a major contract worth some EUR 40 m from the Romanian National Grid company, Transelectrica, for the update of two high-voltage switchgear stations. end of announcement euro adhoc 13.01.2005 15:03:21 --------------------------------------------------------------------- Further inquiry note: Bettina Pepek Press Officer Tel: 0043 1 89100 3400 Fax: 0043 1 89100 3431 bettina.pepek@vatech.at Branche: Technology ISIN: AT0000937453 WKN: 093745 Index: WBI, ATX Prime, ATX Börsen: Berliner Wertpapierbörse / free trade Bayerische Börse / free trade Wiener Börse AG / official dealing

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