Aurubis AG

Share Issue/Capital Change • Jan 12, 2011

News Details

Ad-hoc | 12 January 2011 19:14

Aurubis AG: Aurubis AG launches Capital Increase

Aurubis AG / Key word(s): Capital Increase

12.01.2011 19:14

Dissemination 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.

---

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES

Aurubis AG launches Capital Increase

Hamburg, 12 January 2011 - Aurubis AG (ISIN: DE0006766504) will partially
use its authorised capital and increase the Company's share capital by EUR
10,462,653.44 by issuing 4,086,974 new shares without par value for cash.
Shareholders' subscription rights will be excluded.

The new shares will be placed through an accelerated bookbuilding process
to German and international institutional investors and will have a full
dividend entitlement for the fiscal year 2009/10.

Barclays Capital is acting as sole bookrunner for this transaction.

Aurubis intends to use the proceeds from the issue to fund its communicated
organic and external growth plan in the areas of copper production,
precious metals and recycling as well as copper products. Furthermore the
funds will be used to finance higher working capital requirements in order
to maintain full financial flexibility during periods of rising commodity
prices.

Aurubis confirms the general positive trend of business for the current
fiscal year 2010/11. The key earnings drivers and market trends that have
led to a considerable increase in earnings in the previous fiscal year
2009/10 remain in place. Dr. Bernd Drouven, CEO of Aurubis AG: 'Today's
share issuance is a further important step to ensure that Aurubis has full
flexibility and readiness to seize opportunities in the copper industry.'

---

This publication constitutes neither an offer to sell nor a solicitation of
an offer to buy securities. In particular, this document constitutes
neither an offer to sell nor a solicitation of an offer to purchase
securities in the United States. The shares in Aurubis AG have not been and
will not be registered under the Securities Act nor under any laws of any
state of the United States, and may not be offered, sold, resold, or
delivered, directly or indirectly, in or into the United States, except
pursuant to an exemption from the registration requirements of the US
Securities Act and the applicable state securities laws. There will be no
public offering of Shares in the United States.

12.01.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: Aurubis AG
Hovestrasse 50
20539 Hamburg
Deutschland
Phone: +49 (0)40 / 78 83 - 31 78
Fax: +49 (0)40 / 78 83 - 31 30
E-mail: m.kartenbeck@aurubis.com
Internet: www.aurubis.com
ISIN: DE0006766504
WKN: 676650
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

---