KUKA AG — Capital/Financing Update 2010

Jun 8, 2010

News Details

Ad-hoc | 8 June 2010 00:09

KUKA Aktiengesellschaft: KUKA has resolved capital increase

KUKA Aktiengesellschaft / Capital Increase/Corporate Action

08.06.2010 00:09

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.

---

As per the authorization granted at KUKA Aktiengesellschaft's Annual
General Meeting dated April 29, 2009, KUKA Aktiengesellschaft's Executive
Board, with the approval of the Supervisory Board, has today resolved to
increase the company's share capital of EUR 76,075,974.00 by EUR
12,104,146.60 to EUR 88,180,120.60 against cash contributions, by partially
utilizing the authorized Capital II (2009) of EUR 27,584,026.00 and by
issuing 4,655,441 new no par value bearer shares, representing a notional
amount of EUR 2.60 per share ('New Shares').

The New Shares will be offered to shareholders for subscription in a ratio
of 1 New Share for 6 existing shares. The subscription period presumably
starts on June 9, 2010 and presumably ends on June 22, 2010. The New Shares
have a full dividend entitlement from January 1, 2010. The subscription
price to shareholders for each New Share is EUR 9.75 ('Subscription
Price').

UniCredit Bank AG, Munich, and COMMERZBANK Aktiengesellschaft, Frankfurt am
Main, acting as Joint Bookrunners for the rights issue, undertook to
subscribe for and underwrite the New Shares pursuant to the underwriting
and placement agreement entered into with the company today. Subject to any
Joint Bookrunners' contractual rights of withdrawal, the company hereby
will receive gross proceeds (before deduction of fees and transaction
costs) in the amount of EUR 45,390,549.75. The major shareholders
Grenzebach Maschinenbau GmbH and Wyser-Pratte Management Co., Inc. have
committed to the Joint Bookrunners to support the capital increase, inter
alia by exercising subscription rights.

Shareholders can exercise their subscription rights via their depository
banks at the domestic offices of UniCredit Bank AG and COMMERZBANK
Aktiengesellschaft. UniCredit Bank AG will arrange for trading of
subscription rights on the regulated Frankfurt stock exchange (floor
trading) from presumably June 9, 2010 to presumably June 18, 2010. Details
regarding the subscription for the New Shares in the course of the rights
issue will be published in the electronic version of the Bundesanzeiger on
presumably June 8, 2010 and in Frankfurter Allgemeine Zeitung on presumably
June 9, 2010.

The company intends to use the proceeds net of fees and cost of the capital
increase to (i) improve the company's equity position, strengthen the
balance sheet and finance the working capital needs, (ii) set up and expand
the business activities newly bundled in the Advanced Robotics unit through
focused investments in research and development as well as enhancing the
sales and marketing activities for new products, and (iii) create financial
and strategic flexibility to further grow the KUKA Robotics and KUKA
Systems divisions.

Augsburg, June 7, 2010

KUKA Aktiengesellschaft

The Executive Board

This announcement does not contain or constitute an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any person
in Australia, Canada, Japan, or the United States or in any jurisdiction to
whom or in which such offer or solicitation is unlawful. The securities
referred to herein may not be offered or sold in the United States absent
registration under the U.S. Securities Act of 1933, as amended (the
'Securities Act') or another exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act. Subject to
certain exceptions, the securities referred to herein may not be offered or
sold in Australia, Canada or Japan or to, or for the account or benefit of,
any national, resident or citizen of Australia, Canada or Japan. The offer
and sale of the securities referred to herein has not been and will not be
registered under the Securities Act or under the applicable securities laws
of Australia, Canada or Japan. There will be no public offer of the
securities in the United States.

Contact:
Andreas Spitzauer
phone: +49 821 7975-216
fax: +49 821 7975-213
e-mail: andreas.spitzauer@kuka.com

08.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: KUKA Aktiengesellschaft
Postfach 43 12 69
86072 Augsburg
Deutschland
Phone: +49 (0)821 797 - 0
Fax: +49 (0)821 7975 - 333
E-mail: IR@kuka.com
Internet: www.kuka.com
ISIN: DE0006204407
WKN: 620440
Indices: SDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
München, Hannover, Düsseldorf, Hamburg, Stuttgart; Foreign
Exchange(s) SIX

End of News DGAP News-Service

---