A-TEC Industries AG

euro adhoc: A-TEC Industries AG
Mergers - Acquisitions - Takeovers
Serbian government rejects A-TEC Industries offer

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information/RTB Bor 10.04.2008 Vienna, 10 April 2008 - The Serbian government has just announced its rejection of the revised offer for Rudarsko-topionicarski kombinat Bor (RTB), adjusted to current circumstances, submitted by A-TEC Industries to the Serbian Agency for Privatisation. Under the terms of the offer, A-TEC Industries had proposed to pay an additional USD 230 million (m). Together with the interest bearing, returnable down payment of USD 150m already made, this would have amounted to a total of USD 380m. A-TEC Industries would also have issued a USD 60m performance bond and paid the outstanding USD 86m on 7 May. In addition, A-TEC — which also had a USD 50m AWS (federal promotional bank of the republic of austria) guarantee at its disposal — stated its readiness to increase the bid bond by USD 5m to USD 15m. "In a difficult economic and political setting, we made the Serbian government a good offer that was in the best interests of the country, RTB and the latter´s employees and creditors," said A-TEC Industries CEO Mirko Kovats, expressing regret at the government´s move. "Regardless of this decision we are standing by our strategic goal of expanding our Metal Industry Division by making complementary acquisitions. Our copper business remains one of the Group´s core operations." end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: A-TEC Industries AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: IR contact: Gerald Wechselauer Head of Investor Relations Phone: +43 1 22760 - 130 Mobile: +43 (0)664 6104475 Email: gerald.wechselauer@a-tecindustries.com Press contact: Claudia Müller-Stralz A-TEC Industries AG Press Office Pleon Publico, Neulinggasse 37, A-1030 Vienna, Austria Tel. +43 (0)1 71786 direct dial 107; fax +43 (0)1 7178660 claudia.mueller@pleon-publico.at Branche: Holding companies ISIN: AT00000ATEC9 WKN: Index: ATX Prime Börsen: Wiener Börse AG / Regulated free trade

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