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KTM Power Sports AG

EANS-Adhoc: KTM Power Sports AG
KTM increases expectation of profits

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Company Information
26.11.2010
+++ KTM increases expectation of profits +++
KTM increases expectation of profits for 2010
•       EBIT between 28 and 29 million EUR
•       Planned changes in the Executive Board
•       Bajaj increases share in KTM to 38.08%
Mattighofen, 26 November 2010
Expected performance increased up to 28 or 29 million EUR As the 
business performance in September and October exceeded the 
expectations, KTM expects an EBIT between 28 and 29 million EUR at 
the end of the business year.
Planned changes in the Executive Board As part of the long-term 
strategic orientation of the KTM-Group the mandate of Mr. Stefan 
Pierer as Chairman of  the Executive Board of KTM-Group was 
prematurely extendend until 31 December 2015. Mr. Friedrich Roithner,
CFO of CROSS Industries AG is appointed CFO of KTM Power Sports AG as
of 1 January 2011. Mr. Patrick Prügger resigns from the Executive 
Board as of 31 December 2010 by mutual agreement.
Bajaj increases share in KTM With the most recent share purchases 
Bajaj Auto Ltd. increased its share in KTM Power Sports AG and now 
holds 38.08%;  thus strengthening the strategic importance of the 
cooperation for both sides.
+++
end of announcement                               euro adhoc

Further inquiry note:

KTM Power Sports AG
DI Stefan Pierer
Tel: +43 664 816 2490
Mail to: thomas.kuttruf@ktm.at

Branche: Technology
ISIN: AT0000645403
WKN:
Index: mid market
Börsen: Wien / official market

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