29.03.2007 – 14:38

voestalpine AG

euro adhoc: voestalpine AG
Mergers - Acquisitions - Takeovers
According to § 5 (3) Austrian Takeover Code and with regard to § 48d BörseG voestalpine AG announces:

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.

C.E.O. Interviews

29.03.2007

voestalpine AG has come to an agreement in principle with the 
shareholders of BU Industrieholding GmbH to acquire the company and 
thereby indirectly almost 21% of the shares of BÖHLER-UDDEHOLM AG.

The Management Board of voestalpine AG has today decided to launch a 
voluntary public takeover offer to the shareholders of 
BÖHLER-UDDEHOLM AG at EUR 69 per share. The public takeover offer 
will be subject to the condition that voestalpine AG reaches an 
ownership interest of more than 50% of BÖHLER-UDDEHOLM’s voting 
stock. The acquisition of BU Industrieholding GmbH and the voluntary 
public takeover offer will also be subject to receiving all necessary
merger control approvals.

The Supervisory Board of voestalpine AG has today approved the 
acquisition of BU Industrieholding GmbH and the voluntary public 
takeover offer for all other outstanding shares of BÖHLER-UDDEHOLM 
AG.

The Management Board of BÖHLER-UDDEHOLM AG has informed voestalpine 
AG that it welcomes the decision of voestalpine to launch a voluntary
public takeover offer to the shareholders of BÖHLER-UDDEHOLM AG.

"This communication does not constitute a public offer for the 
acqusition of shares in BÖHLER-UDDEHOLM AG. A possible public 
takeover offer may be made through publication of appropriate offer 
documents after fullfillment of all requirments under applicable 
Takeover Law."

Further information is available on our website www.voestalpine.com 
or contact our Investor Relations Team +43 732 6585-9949.

end of announcement                               euro adhoc 29.03.2007 13:59:51

Further inquiry note:

DI Peter Fleischer
Head of Investor Relations
Tel.: +43 732 6585-9949
Fax: +43 732 6980-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com

Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: ATX, ATX Prime, WBI
Börsen: Wiener Börse AG / official market