SAF-HOLLAND SE

Share Issue/Capital Change • Mar 24, 2011

News Details

Corporate | 24 March 2011 16:00

SAF-HOLLAND S.A.: Offer price for new shares in SAF-HOLLAND S.A. set at EUR 7.00 per share

SAF-HOLLAND S.A. / Key word(s): Capital Increase

24.03.2011 / 16:00

Not for direct or indirect publication or distribution in or into the
United States of America, Canada, Japan or Australia

Luxembourg, March 24, 2011 - SAF-HOLLAND S.A., Luxembourg (ISIN:
LU0307018795), jointly with COMMERZBANK Aktiengesellschaft and UniCredit
Bank AG as Joint Bookrunners, has set the offer price for the new shares in
SAF-HOLLAND S.A. at EUR 7.00 per share.

All new shares were placed today at the offer price to institutional
investors as part of a private placement. The private placement is subject
to a claw-back in the amount of 5% corresponding to 1,026,755 new shares.

This 5% of new shares will be offered to retail investors in a public
offering in Germany. The retail offering will begin tomorrow, on March 25,
2011 and is expected to end on March 29, 2011 at 12:00 pm.

The Company expects to receive net proceeds from the capital increase of
EUR 137.7 million. The Company intends to use the net proceeds from the
offering primarily for the repayment of financial liabilities.

Delivery of the new shares issued to institutional investors within the
private placement, with the exception of the 1,026,755 new shares allotted
subject to a claw back, is expected to take place on March 29, 2011.
Delivery of the claw-back shares offered publicly to retail investors is
expected to take place on March 31, 2011.

This announcement does not constitute an offer to sell or the solicitation
of an offer or invitation to subscribe or purchase any of the securities
described herein in the United States or in any other jurisdiction. The
distribution of this announcement in other jurisdictions may be restricted
by law and persons into whose possession this announcement comes must
inform themselves about, and observe any such restrictions. The offer will
be made exclusively by means of a securities prospectus, which contains
detailed information about the company, its business, operations and
management, and the offering, as well as the company's financial
statements. Subject to the offering restrictions, the securities prospectus
can be obtained on the website of the company (www.safholland.com) or at
the registered office of the company at 68-70 boulevard de la Pétrusse,
L-2320 Luxembourg, Grand Duchy of Luxembourg, as well as from the joint
bookrunners. The shares of the company have not been, and will not be,
registered under the U.S. Securities Act of 1933 (the 'Securities Act') and
cannot be offered, sold, delivered or otherwise transferred in or into the
United States. There will be no public offering of such securities in the
United States.

Contact:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
barbara.zanzinger@safholland.de

End of Corporate News

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Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Großherzogtum Luxemburg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: info@safholland.de
Internet: www.safholland.com
ISIN: LU0307018795
WKN: A0MU70
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service

116908 24.03.2011