Airbus SE — M&A Activity 2006

Apr 4, 2006

News Details

Ad-hoc | 4 April 2006 22:45

EADS shareholders DaimlerChrysler and Lagardère SCA to reduce their respective stakes by 7.5 percent each in coordinated steps

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— EADS – Shareholders EADS shareholders DaimlerChrysler and Lagardère SCA to reduce their respective stakes by 7.5 percent each in coordinated steps DaimlerChrysler and Lagardère SCA, two of EADS’ core shareholders, have announced they entered into simultaneous transactions aimed at reducing by 7.5 percent each their respective stakes in EADS. EADS was consulted and views these steps to increase the free float of its capital as a very positive development for all shareholders. DaimlerChrysler has described its transaction as a forward sale agreement on approximately 61 million EADS shares with a group of international investment banks. The DaimlerChrysler Group said it will be lending these shares to the banks in anticipation of the settlement of the forward sale. Lagardère SCA has announced it will issue Mandatory Exchangeable Bonds subscribed by IXIS CIB. In turn, IXIS CIB is selling forward a large majority of the underlying shares to a group of French institutional investors. The EADS shares deliverable at the maturity of the bonds represent a maximum of 7.5 percent of the capital of EADS, or approximately 61 million EADS shares. DaimlerChrysler and Lagardère have also noted that, under the shareholder agreements, the balance of control between the core shareholders in EADS’ corporate governance remains unchanged. As part of these transactions, JPMorgan and Morgan Stanley are expected to place a total of approximately 73 million EADS shares, including approximately 12 million shares on behalf of IXIS CIB, with institutional investors by way of an accelerated book-built offering, Contact: Michael Hauger EADS +49 89 60 73 42 35 (c)DGAP 04.04.2006 ————————————————————————— language: English emitter: European Aeronautic Defence and Space Company Beechavenue 130-132 1119 PR Schiphol Rijk Niederlande phone: 00 800 00 02 2002 fax: +49 (0)89 607 – 26481 email: ir@eads.net WWW: www.eads.com ISIN: NL0000235190 WKN: 938914 indexes: MDAX stockmarkets: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service —————————————————————————