ALPINE Holding GmbH

EANS-Adhoc: ALPINE Holding GmbH
Effectiveness of Restructuring Agreement / Publication of Annual Financial Statements

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  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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  announcement.
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Restructuring & Recapitalisations/Company Information
27.03.2013


In implementing the proposed restructuring, ALPINE Holding, ALPINE Group
companies and its financing partners concluded a comprehensive restructuring
agreement, which became effective as of today upon fulfillment of all conditions
precedent.

The financing partners agreed to a haircut in the amount of EUR 150 million. The
legal position of the holders of bonds issued by ALPINE Holding GmbH will not be
affected by such hair cut. ALPINE Group's shareholder, FCC, contributes an
aggregate amount of EUR 246 million in connection with the restructuring, of
which EUR 99 million were already converted into equity for the 2012 financial
year.

The restructuring agreement expires on March 31, 2015. It provides for a
sustainable basis for implementing the restructuring of the ALPINE Group.

The annual financial statements of ALPINE Holding GmbH for 2012 will, due to the
ongoing restructuring efforts, not be published as envisaged by the end of April
2013, but are expected to be published on or about 31 May 2013.


Further inquiry note:
Mag. Johannes Gfrerer
Konzernpressesprecher ALPINE Gruppe
Telefon +43 662 8582 286
johannes.gfrerer@alpine.at
www.alpine.at

end of announcement                               euro adhoc 
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issuer:      ALPINE Holding GmbH
             Alte Bundesstraße  10
             A-5071 Wals bei Salzburg
phone:       +43 662 85 82
FAX:         +43 1 610 79 - 275
mail:     johannes.gfrerer@alpine.at
WWW:      www.alpine.at
sector:      Construction & Property
ISIN:        AT0000A0JDG2
indexes:     
stockmarkets: Regulated free trade: Wien 
language:   English
 



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