Hamburger Hafen und Logistik AG

Prospectus • Oct 25, 2007

News Details

Ad-hoc | 25 October 2007 22:20

Hamburger Hafen und Logistik AG: HHLA SPECIFIES PRICE RANGE AND FURTHER DETAILS OF THE PLANNED IPO

Hamburger Hafen und Logistik AG / IPO/IPO

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Hamburg, October 25, 2007 – Today Hamburger Hafen und Logistik AG (HHLA),
the selling shareholder – HHLA-Beteiligungsgesellschaft mbH, a wholly owned
subsidiary of the Free and Hanseatic City of Hamburg –, the Free and
Hanseatic City of Hamburg and the joint bookrunners Citi and JPMorgan have
jointly determined further details of the planned IPO.

The offer period will begin October 26, 2007 and is expected to end on
November 1, 2007 at 12:00 noon (Central European Time) for private
investors and at 2:00 p.m. (Central European Time) for institutional
investors. The price range within which purchase offers may be submitted
will be EUR 43.00 to EUR 53.00 per Class A share. The offering consists of
up to 22,000,000 Class A shares in Hamburger Hafen und Logistik AG in
total, thereof up to 2,325,000 Class A shares resulting from the capital
increase which is expected to be resolved by the extraordinary
shareholders´ meeting on October 29, 2007, up to 16,875,000 Class A shares
from the holdings of the selling shareholder and up to 2,800,000 Class A
shares from the holdings of the selling shareholder to cover a potential
over-allotment. Assuming that the maximum number of the offered Class A
shares is placed and further assuming full exercise of the greenshoe-option
the freefloat will approximately be 30 percent of the registered capital.
The final placement price is expected to be determined and published on
November 1, 2007. The first day of trading is expected to be November 2,
2007.

The Class A shares are being offered in the context of a public offer in
Germany and international private placements, including a placement in the
USA with qualified institutional buyers in accordance with Rule 144A of the
US Securities Act. The other offer conditions can be found in the
prospectus approved on October 19, 2007 and supplement no. 1 to this
prospectus, which will be published on the Hamburger Hafen und Logistik AG
website immediately after approval by the German Federal Financial
Supervisory Authority ('BaFin'). The offering is subject to the approval of
the supplement no. 1 to the prospectus.

Additional information:

ISIN: DE000A0S8488
Security Identification Number: A0S848
Listing requested: Regulierter Markt / Prime Standard der Frankfurter
Wertpapierbörse; Regulierter Markt der Börse Hamburg
Registered office of the company: Germany

HHLA
Matthias Funk
Investor Relations
Bei St. Annen 1
D-20457 Hamburg
Tel. 040-3088-3397
E-mail: funk@hhla.de

Disclaimer

This release is neither a prospectus nor does it constitute an offer to
sell or the solicitation of an offer to purchase the shares or other
securities of Hamburger Hafen und Logistik AG and is not a substitute for
the prospectus. The shares will be offered exclusively on the basis of the
published prospectus. The prospectus is available free of charge from
Hamburger Hafen und Logistik AG, the underwriting banks and on the website
www.hhla.de. The supplement no. 1 to the prospectus will also be published
on the website of the company immediately after approval by the German
Federal Financial Supervisory Authority expected on October 26, 2007 and
will be available as a printed copy free of charge at the places mentioned
above.

This release is not an offer of securities for sale in 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'). Any public
offering of securities to be made in the United States of America will be
made by means of a prospectus that may be obtained from Hamburger Hafen und
Logistik AG or a selling shareholder, and that will contain detailed
information about the company and management, as well as financial
statements. Hamburger Hafen und Logistik AG does not intend to register any
part of the present or proposed offering in the United States of America.

The information contained in this release is not intended for publication
or distribution in the United States of America, Canada, Australia or
Japan.
25.10.2007 Financial News transmitted by DGAP

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