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Lenzing AG

EANS-Adhoc: Lenzing AG
Lenzing Group enlarges share in Indonesian subsidiary PT. South Pacific Viscose

  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.
28.07.2009
The Lenzing Group acquired a share of 40% in the Indonesian holding 
PGL (Pura Golden Lion) today. PGL has been operating the local fiber 
sales of PT. South Pacific Viscose since the foundation of the 
latter. Moreover, PGL holds a share of approximately 12% in PT. South
Pacific Viscose. The 40% share in PGL was bought from APAC Centertex,
a listed Indonesian spinning group. The parties agreed not to 
disclose the sales price. The enlargement of its indirect share in 
the subsidiary PT. South Pacific Viscose from 86% to 91% will 
strengthen Lenzing's position in the Indonesian and all other Asian 
fiber markets.
end of announcement                               euro adhoc

Further inquiry note:

Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 07672-96301
mailto:a.guldt@lenzing.com

Branche: Chemicals
ISIN: AT0000644505
WKN: 852927
Index: WBI
Börsen: Berlin / free trade
Wien / official dealing

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