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ElringKlinger AG

EANS-Adhoc: ElringKlinger AG resolves on capital increase

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
Company Information
05.10.2010
Dettingen/Erms (Germany), October 5, 2010  +++  The Management Board 
of ElringKlinger AG, with the approval of the Supervisory Board, 
today passed a resolution for the issuance of up to 5,759,990 new 
shares, without subscription rights. As a result of the transaction, 
the company's issued share capital will be increased from currently 
EUR 57,600,000 to a maximum of EUR 63,359,990.
The issuance of up to 5,759,990 new, no-par-value registered shares, 
with a pro rata amount of the share capital attributable to each 
share of EUR 1.00 is to be effected by way  of partial utilization of
the Authorized Capital approved at the General Meeting of 
Shareholders held on May 21, 2010 (Authorized Capital 2010: EUR 
28,800,000). The new shares will have full dividend entitlement as of
January 1, 2010.
The 5,759,990 new no-par-value shares are to be offered to 
institutional investors by way of an accelerated bookbuilt offering. 
Deutsche Bank Aktiengesellschaft and Joh. Berenberg, Gossler & Co. KG
are acting as joint bookrunners for this transaction. Admission of 
the new shares to the Regulated Market of the Frankfurt Stock 
Exchange (Prime Standard) is expected to be granted on October 8, 
2010. Commencement of trading of the new shares on the Frankfurt 
Stock Exchange under the company's existing listing is expected for 
October 11, 2010.
ElringKlinger AG plans to use the proceeds of the equity offering 
mainly for the purpose of financing further dynamic growth and to 
optimize its financing structure. In particular, this includes: - the
partial financing of the acquisition and integration of the Static 
Metal   Gaskets division of the Freudenberg Group - the expansion of 
the new "E-Mobility" business area - additional external growth 
opportunities
Most recently, ElringKlinger received another major order from a 
European automobile manufacturer for the production of cell contact 
systems for rechargeable lithium-ion batteries to be used in hybrid 
vehicles and purely electrically powered cars. As from 2011, over the
next four years the new battery components are expected to generate a
total of approximately EUR 50 million in sales on the basis of orders
already received by the company.
Disclaimer
This announcement neither constitutes an offer of securities for sale
nor a solicitation of an offer to purchase securities.
In particular, this announcement and the information contained herein
is not intended to be distributed into or within 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 (the "Securities 
Act"). The securities described herein have not been and will not be 
registered under the Securities Act. The information furnished in 
this announcement is not intended to be available to any person in 
the United States of America or any US person (as that term is 
defined in Regulation S under the US Securities Act ("Regulation 
S")).
Furthermore is this announcement only directed at persons who (i) are
outside the United Kingdom or (ii) are in the United Kingdom and 
either have professional experience in matters relating to 
investments who fall within Article 19(5) of the Financial Services 
and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") 
or to persons who fall under Article 49 of the Order (high net worth 
companies, unincorporated associations etc). All such persons 
together are being defined as "relevant persons". This announcement 
must not be acted on or relied on by persons who are not relevant 
persons. Any investment or investment activity to which this 
announcement relates is available only to relevant persons and will 
be sold only to relevant persons.
end of announcement                               euro adhoc

Further inquiry note:

For further information, please contact:
ElringKlinger AG Investor Relations/PR
Max-Eyth-Straße 2, 72581 Dettingen/Erms
Phone: +49 (0)7123-724-640 / 137
Fax: +49 (0)7123-724-641
E-mail: stephan.haas@elringklinger.de

Branche: Automotive Equipment
ISIN: DE0007856023
WKN: 785602
Index: MDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Düsseldorf / free trade
München / free trade
Stuttgart / regulated dealing

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