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EANS-Adhoc: ALPINE Holding GmbH
Ad-hoc Announcement - Clarification in light of market reaction following news reports regarding ALPINE Bau GmbH

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  ad-hoc disclosure 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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C.E.O. Interviews

14.10.2012

ISIN: AT0000A0JDG2 
ISIN: AT0000A0PJJ0 
ISIN: AT0000A0V834 

Vienna, 14 October 2012

For clarification purposes in light of the market reaction following recent news
reports, ALPINE Holding GmbH (the Issuer) states as follows:

The Issuer received a report it had commissioned from an external consultant to
assist the Issuer in its business and financial planning. The report and its
potential ramifications are currently being critically examined by the Issuer.
Contrary to the Issuer's prior assessments, in particular due to the evolution
of certain projects the annual financial statements for the 2012 financial year
would show a significant loss. The Issuer and its sole shareholder are
discussing all necessary measures to be undertaken in order to restore a sound
financial situation, including notably an appropriate equity layer, of the
Issuer. 

Based on the support of its shareholder and the positive evolution of the talks
with the financing banks, the Issuer is confident that it will continue to meet
all of its financial obligations.


Further inquiry note:
Mag. Johannes Gfrerer
Konzernpressesprecher ALPINE Gruppe
Telefon +43 664 9638000 
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:         michael.hangelmann@alpine.at
WWW:      www.alpine.at
sector:      Construction & Property
ISIN:        AT0000A0JDG2
indexes:     
stockmarkets: Regulated free trade: Wien 
language:   English