BAUER Aktiengesellschaft

EANS-Adhoc: BAUER Aktiengesellschaft
BAUER Group expecting major contract to remediate the Mosul Dam in Iraq


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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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03.11.2011

Schrobenhausen, November 3, 2011 - On November 3, 2011, an affiliated company of
BAUER AG (ISIN: DE005168108) signed a Letter of Understanding with the Ministry
of Water Resources of Iraq in connection with the visit of Philipp Rösler,
Germany´s Federal Minister of Trade and Industry, to Baghdad. This document
announces that the BAUER Group will be awarded the contract for the Mosul Dam
remediation project, subject to further contractual details being agreed. The
contract could be finalized within the next few months. With a total contract
value equivalent to EUR 1.9 billion, and a scheduled execution period of around
six years, the technically challenging project would be the largest yet
undertaken in the history of the BAUER Group.

The Mosul Dam on the River Tigris is in need of remediation. It is located in
the north of Iraq, approximately 70 kilometres from the Turkish border, and is
the country's largest dam.


Additional information:
ISIN: DE0005168108, Bloomberg B5A
Official market / Prime Standard; Frankfurt Stock Exchange


Further inquiry note:
Bettina Erhart / Christopher Wolf
Investor Relations
Telefon: +49(0)8252 97 1918
E-Mail: investor.relations@bauer.de

end of announcement                               euro adhoc 
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issuer:      BAUER Aktiengesellschaft
             BAUER-Straße  1
             D-86529 Schrobenhausen
phone:       +49 (0)8252-97-1918
FAX:         +49 (0)8252-97-2900
mail:     investor.relations@bauer.de
WWW:      http://www.bauer.de
sector:      Construction & Property
ISIN:        DE0005168108
indexes:     SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English
 

 

 



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