KTM Power Sports AG

euro adhoc: Restructuring & Recapitalisations
KTM to increase Share Capital

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11.02.2009

Not intended for distribution in the United States, Canada, Australia and Japan. This does not constitute an offer to buy or to subscribe to securities.

KTM to increase Share Capital.

>> Up to 9.99% of existing share capital     >> Safeguarding future developments

Mattighofen, Febuary 11, 2009 - On January 29, 2009,  the  Management Board  of KTM Power Sports AG, Stallhofner Strasse 3,  5230   Mattighofen,  Austria  (ISIN: AT0000645403), one of the world's leading manufacturers of off-road  and  street motorcycles, ATVs and the X-Bow sports car, resolved to increase  capital  stock by up to 687,357 bearer shares, having gained the Supervisory  Board's   approval on the same day.

Only existing shareholders have a subscription right on new shares   at  a  ratio of 10:1 (existing shares to new shares). The Board set the maximum  subscription price at EUR 30.00. The  entire  issue   volume  will  be  placed  on  the market, irrespective of the degree to which shareholders make use of their  subscription rights, as Bajaj Auto International Holdings B.V. has pledged  to  purchase  the new shares that are not subscribed.

Details of the capital increase

On January 29, 2009, the Management Board of KTM Power  Sports  AG,   Stallhofner Strasse 3, 5230 Mattighofen, Austria (ISIN:   AT0000645403),  having  gained  the Supervisory Board's approval on the same day and exercising  the  powers  vested in it, resolved to increase the share capital from the current nominal value  of EUR 6,892,643.00 by up to EUR 687,357.00 to up to  EUR  7,580,000.00,   which will  be achieved by issuing up to 687,357 new bearer shares with  voting  rights  and  a nominal value of EUR 1.00 , with a maximum  subscription  and  offer  price  of EUR 30.00 per new share, while protecting the subscription rights  of  existing  KTM Power Sports AG shareholders.  The  capital  increase  will  involve   Raiffeisen Centrobank AG taking the new shares pursuant to Article 153 (6)  Austrian  Stock Corporation Law (AktG) to offer them to shareholders at a ratio of 10:1  at  the subscription and offer price within the subscription period. It will  be  up  to the Management Board to settle any fractions remaining due to  the  subscription ratio.

The subscription period for the new shares begins on February 13, 2009 and  ends on February 27, 2009. The company reserves the right to shorten  or  extend  the subscription period. The new shares have full dividend rights for  the  business year 2008/09 and are expected to be included  in  the  Vienna  Stock  Exchange's regulated unofficial market (prime market segment) on/or about  March  4,   2009. The offer of the new shares is only available to existing

shareholders , therefore it is not a public offering under the Austrian  Capital Markets Act (KMG) and no prospectus will be prepared.    Due  to  the  fact  that less than 10% of the number of shares as already approved  for  trading  on  the same regulated market  will be offered and admitted, no  listing  prospectus  is required under the AustrianStock Exchange Act (BörseG), either.  The Management Board of KTM Power Sports AG with the approval of  the   Supervisory  Board  will determine  the  final  subscription  and   offer  price  after  the  end  of  the subscription period, on/or   about  February  27,  2009,  and  publish  it  using electronic media on/or about February 27, 2009.

As the shares of KTM Power Sports AG have not been  registered  under the  U.S. Securities Act 1933 and does not constitute an exception from  the  registration requirement, people from the United States, Canada, Australia and Japan may  not exercise subscription rights. Non-Austrian shareholders are therefore  requested to find out   themselves  about  any  restrictions  concerning  exercising  their subscription rights.

Key data on capital increase

Issuer: KTM Power Sports AG ISIN: AT0000645403 Issue volume: up to 687,357 new shares Subscription ratio: 10:1 Trading in subscription rights: there will be no trading in subscription rights. The company has not appointed the subscription agent or any other people to trade in subscription rights. Subscription period: February 13, 2009 to February 27, 2009. The company reserves the right to shorten or extend the period. Maximum subscription price: EUR 30.00 per new share Value date: on/or about March 4, 2009 Dividend rights for the new shares: for business year 2008/09 and following years Initial listing of the new shares: on/or about March 4, 2009 on the Vienna Stock Exchange's regulated unofficial market (prime market segment)

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ots Originaltext: KTM Power Sports AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
KTM Power Sports AG
Mag. Wilfried Stock
Tel.: +43(0)7742/6000-216
mailto:wilfried.stock@ktm.com

Branche: Technology
ISIN:      AT0000645403
WKN:        
Börsen:  Wiener Börse AG / official dealing



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