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Wacker Chemie AG

WACKER CHEMIE AG: GREENSHOE OPTION FULLY EXERCISED

  ots-CorporateNews transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Munich, April 10, 2006 - In connection with the IPO of Wacker Chemie
AG, the selling shareholders Blue Elephant Holding GmbH and Wacker
Chemie AG had granted Morgan Stanley Bank AG (for account of the
syndicate banks) the option to purchase up to 15% of shares of the
original transaction volume, i.e. up to 1,955,723 additional shares
in the company, from Blue Elephant Holding GmbH (up to 1,178,770
additional shares) and Wacker Chemie AG (up to 776,953 additional
shares) at the offer price of EUR 80.00 (Greenshoe-Option). After an
additional 1,955,723 shares were allocated over the weekend on the
basis of this option, Morgan Stanley Bank AG today exercised the
Greenshoe Option in full and the syndicate banks purchased 1,178,770
additional shares from Blue Elephant Holding GmbH and 776,973
additional shares from Wacker Chemie AG. Wacker Chemie AG’s aggregate
gross proceeds raised therefrom amount to approximately EUR 62
million.
The stabilization period terminated with the exercise of the
Greenshoe-Option. During the stabilization period no stabilization
measures were undertaken by Morgan Stanley Bank AG as stabilization
manager.
The total number of shares sold in the course of the IPO of Wacker
Chemie AG therefore amounts to 14,993,873 shares (including 1,955,723
Greenshoe shares) with an aggregate value of approximately EUR 1.2
billion. Taking into account the full exercise of the
Greenshoe-Option, the free float of the shares is now approximately
28.75 percent of the share capital of Wacker Chemie AG.
This press 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 supplement No. 1 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 and supplement
No. 1 thereto. Free copies of this material are available to
investors from Wacker Chemie AG.
This press 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 press 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 press 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 therein.
end of announcement                               euro adhoc 10.04.2006 20:25:41

Further inquiry note:

Christof Bachmair
+49 (0)89 6279 1830
christof.bachmair@wacker.com

Branche: Chemicals
ISIN: DE000WCH8881
WKN: WCH888
Index: CDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

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