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© STRABAG
© STRABAG

STRABAG AG

  • Publication of the decision to submit an offer for the acquisition of shares pursuant to Sec. 10 subsec. 1 of the German Act on the Acquisition of Shares and Takeovers (Wertpapiererwerbs- und Übernahmegesetz – WpÜG)

Bidder:
STRABAG SE
Donau-City-Straße 9
A-1220 Vienna
Austria

Registered office:

Triglavstrasse 9
A-9500 Villach
Austria

Christian Ebner, Head of Investor Relations
Diana Klein, Investor Relations
Tel.: +43 (0)1 22422-1116
Fax: +43 (0)1 22422-1177
Email: investor.relations@strabag.com

Target Company:

STRABAG AG
Siegburger Straße 241
D-50679 Cologne
Germany

ISIN DE 0007283004 (WKN 728300)

On 7 May 2008, STRABAG SE decided to offer to the shareholders of STRABAG AG to acquire their bearer shares (without par value) in STRABAG AG, Cologne, which have a proportionate value in the company’s share capital amounting to EUR 26.00 each and respective dividend rights as of 1 January 2008, by means of a voluntary public offer to acquire shares according to Sec. 10 et. al. of the German Act on the Acquisition of Shares and Takeovers (WpÜG), against payment of

EUR 260 per share in STRABAG AG,

all this pursuant to the terms and conditions as will be set forth in the offering prospectus.

The Bidder currently directly and indirectly holds approx. 66.60 % of the shares in the Target Company.

The publication of the offering prospectus and further information in relation to the offer will be provided on the internet at:

http://www.strabag.com

Important Information

This publication does neither constitute an offer for the purchase of nor an invitation to submit an offer for the sale of shares in STRABAG AG. The final terms and the conditions of the subsequent offer to be submitted will be provided in the offering prospectus following the approval of its publication by the (German) Financial Market Authorities (BaFin).


Vienna, 7 May 2008
STRABAG SE

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.