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Wacker Chemie AG

euro adhoc: Wacker Chemie AG
Financing, Stock Offerings (IPO)
Book-building successfully completed: Wacker Chemie AG sets offer price and offer size

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
08.04.2006
Munich, April 8, 2006 - Wacker Chemie AG together with the other
selling shareholders Blue Elephant Holding GmbH and Morgan Stanley &
Co. Inc. and the Global Coordinators and Joint Bookrunners Morgan
Stanley and UBS Investment Bank have jointly set the offer price at
EUR80 per share. The offer price was set at the upper end of the
price range of EUR 70 to EUR 80. At the offer price the shares of
Wacker Chemie AG were more than 18 times over-subscribed.
The proceeds from the offering (including over-allotment) amount to
approximately EUR 1.2 billion. A total of 14,993,873 shares
(including over-allotment) are placed in the offering. The company
will receive proceeds of approximately EUR 428 million from the sale
of its own shares in connection with the IPO (if the Greenshoe option
is exercised in full). Following the completion of the offering,
Wacker Chemie AG will continue to hold 2.47 million treasury shares
(if the Greenshoe option is exercised in full). For these shares, the
company will by law neither be entitled to voting rights nor to
dividend rights. The free float will be at 28.75 percent, if the
Greenshoe option is exercised in full. Treasury shares held by the
company as well as all other shares held by the major shareholders
are subject to a lock-up for a period of six months from the initial
listing of the shares. The first day of trading is expected to occur
on April 10, 2006.
Disclaimer:
This ad hoc-release does not constitute an offer to sell or the
solicitation of an offer to purchase the shares or other securities
of Wacker Chemie AG. The offer is made exclusively through and on the
basis of the prospectus, as published, and the supplement thereto.
Investors should not make an investment decision with respect to the
shares or any other securities of Wacker Chemie AG except on the
basis of the information contained in the prospectus, as
supplemented, relating to the shares. Free copies of the prospectus
and the supplement thereto are available to investors at Wacker
Chemie AG.
This ad hoc-release is not an offer of securities for sale in the
United States of America. Securities may not be offered or sold in
the United States of America absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended. Any
public offering of securities to be made in the United States of
America will be made by means of a prospectus that may be obtained
from Wacker Chemie AG and that will contain detailed information
about the company and management, as well as financial statements.
The information contained in this ad hoc-release is not for
publication or distribution in the United States of America, Canada,
Australia or Japan and does not constitute an offer of securities for
sale in the United States of America, Canada, Australia or Japan.
This ad-hoc release is directed only at persons outside the U.K. (the
"relevant persons"). Each solicitation of an offer, each offer and
each agreement to subscribe for, to purchase or to otherwise acquire
the securities is directed only at relevant persons and at certain
other persons or will be entered into only with relevant persons or
certain other persons.  Persons who are not relevant persons should
not act on the basis of or rely on the information contained herein.
end of announcement                               euro adhoc 08.04.2006 15:57:47

Further inquiry note:

Joerg Hoffmann
+49 (0)89 6279 1633
joerg.hoffmann@wacker.com

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: CDAX
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing

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