Muehlhan AG

Transaction in Own Shares • Oct 6, 2009

News Details

Corporate | 6 October 2009 08:07

Muehlhan AG: Start of share buy-back program

Muehlhan AG / Share Buyback/Miscellaneous

06.10.2009

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

PRESS RELEASE

Muehlhan initiates share-buyback program

Hamburg, 6 October 2009 - Muehlhan AG (ISIN DE000A0KD0F7) will from today
on begin repurchasing its own shares, which are listed in the Entry
Standard segment. The company has engaged equinet AG of Frankfurt to carry
out the share-buyback program.

The decision follows the authorization by the General Shareholders' Meeting
on 19 May 2009 to repurchase up to 10% of Muehlhan AG's issued capital (up
to 1,950,000 shares). The share-buyback program will expire on 31 October
2010. The purchase price per share may not be more than 10% above or below
the average opening price on the Xetra trading system for the three
preceding trading days. The shares may be used for any of the purposes
enumerated in the authorization passed by the General Shareholders'
Meeting.

For the full text of the resolution (German language), please visit the
Company's website at
www.muehlhan.com/Investor Relations/Share Buy-Back.

About Muehlhan:
The Muehlhan Group is a leading world provider of marine surface
protection. Its core business consists of applying and renewing corrosion
protection coatings to steel structures. They include steel surfaces of
ships and of oil and gas rigs and platforms. The Muehlhan Group is also
active in the Industry Services segment, which, besides scaffolding for
marine and industry customers, includes surface protection for wind
turbines, chemical production plants, and fuel storage depots, steel
bridges, cranes, and machinery. The company's patented technology
brand-named μ-jet(R) guarantees especially high quality and efficiency in
the removal of old coatings and rust, particularly in the open sea.
Muehlhan was established in Hamburg in 1881. For 2008 the company with its
more than 2,000 employees around the world generated sales revenue of more
than EUR 206 million (IFRS). For further information visit www.muehlhan.com

Press contact: Ties Kaiser c/o Muehlhan AG, Phone +49 40 752 71 156, email:
kaiser@muehlhan.com

06.10.2009 Financial News transmitted by DGAP

---

Language: English
Company: Muehlhan AG
Schlinckstrasse 3
21107 Hamburg
Deutschland
Phone: +49 40 75271 0
Fax: +49 40 75271 130
E-mail: investorrelations@muehlhan.com
Internet: www.muehlhan.com
ISIN: DE000A0KD0F7
WKN: A0KD0F
Listed: Freiverkehr in Berlin, München, Hamburg, Stuttgart; Entry
Standard in Frankfurt

End of News DGAP News-Service

---