ElringKlinger AG

EANS-Adhoc: ElringKlinger AG resolves on capital increase

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Company Information

05.10.2010

Dettingen/Erms (Germany), October 5, 2010  +++  The Management Board of ElringKlinger AG, with the approval of the Supervisory Board, today passed a resolution for the issuance of up to 5,759,990 new shares, without subscription rights. As a result of the transaction, the company's issued share capital will be increased from currently EUR 57,600,000 to a maximum of EUR 63,359,990.

The issuance of up to 5,759,990 new, no-par-value registered shares, with a pro rata amount of the share capital attributable to each share of EUR 1.00 is to be effected by way  of partial utilization of the Authorized Capital approved at the General Meeting of Shareholders held on May 21, 2010 (Authorized Capital 2010: EUR 28,800,000). The new shares will have full dividend entitlement as of January 1, 2010.

The 5,759,990 new no-par-value shares are to be offered to institutional investors by way of an accelerated bookbuilt offering. Deutsche Bank Aktiengesellschaft and Joh. Berenberg, Gossler & Co. KG are acting as joint bookrunners for this transaction. Admission of the new shares to the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) is expected to be granted on October 8, 2010. Commencement of trading of the new shares on the Frankfurt Stock Exchange under the company's existing listing is expected for October 11, 2010.

ElringKlinger AG plans to use the proceeds of the equity offering mainly for the purpose of financing further dynamic growth and to optimize its financing structure. In particular, this includes: - the partial financing of the acquisition and integration of the Static Metal    Gaskets division of the Freudenberg Group - the expansion of the new "E-Mobility" business area - additional external growth opportunities

Most recently, ElringKlinger received another major order from a European automobile manufacturer for the production of cell contact systems for rechargeable lithium-ion batteries to be used in hybrid vehicles and purely electrically powered cars. As from 2011, over the next four years the new battery components are expected to generate a total of approximately EUR 50 million in sales on the basis of orders already received by the company.

Disclaimer

This announcement neither constitutes an offer of securities for sale nor a solicitation of an offer to purchase securities.

In particular, this announcement and the information contained herein is not intended to be distributed into or within the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities described herein have not been and will not be registered under the Securities Act. The information furnished in this announcement is not intended to be available to any person in the United States of America or any US person (as that term is defined in Regulation S under the US Securities Act ("Regulation S")).

Furthermore is this announcement only directed at persons who (i) are outside the United Kingdom or (ii) are in the United Kingdom and either have professional experience in matters relating to investments who fall within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or to persons who fall under Article 49 of the Order (high net worth companies, unincorporated associations etc). All such persons together are being defined as "relevant persons". This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be sold only to relevant persons.

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ots Originaltext: ElringKlinger AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
For further information, please contact:
ElringKlinger AG Investor Relations/PR
Max-Eyth-Straße 2, 72581 Dettingen/Erms
Phone: +49 (0)7123-724-640 / 137
Fax: +49 (0)7123-724-641
E-mail: stephan.haas@elringklinger.de

Branche: Automotive Equipment
ISIN:      DE0007856023
WKN:        785602
Index:    MDAX, Classic All Share, Prime All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Düsseldorf / free trade
              München / free trade
              Stuttgart / regulated dealing



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