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Share purchase agreement concluded with minority shareholders of Ed. Züblin AG

7 April 2016

Status change regarding ad-hoc release from 7 December 2015

The Management Board of STRABAG SE announces that the share price agreement has been concluded with all minority shareholders of Ed. Züblin AG, based in Stuttgart, Germany, over their combined 42.74 % stake in the company. The 100 % subsidiary Ilbau Liegenschaftsverwaltung GmbH now holds 94.9 % of the shares of Ed. Züblin AG. The remaining shares were acquired by a core shareholder of STRABAG SE. The signing took place yesterday evening, 6 April 2016. The agreement is carried out directly through the corresponding bank transactions.

The buyers have agreed a fixed strike price in the amount of € 210.3 million. The agreement also includes a provision for a variable purchase price portion of up to € 114 million, to be determined depending on the respective net income after minorities of Ed. Züblin AG in each of the years 2015 to 2019.

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Marianne Jakl
STRABAG SE
Head of Corporate Communications
Group Spokeswoman

+43 1 22422 1174

pr@strabag.com

Marco Reiter
Head of Investor Relations

+43 1 22422 1089

marco.reiter@strabag.com

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.