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Lenzing AG

M&A Activity Mar 21, 2013

748_iss_2013-03-21_75af3457-4ade-4940-b9d5-a4a676e829d7.pdf

M&A Activity

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EANS-Adhoc: Lenzing AG / Binding Offers for the Sale of the Business Unit Plastics

ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

Strategic management decisions/Company Information

The Lenzing Group is evaluating the possibility of potentially disposing of its Business Unit Plastics within the context of the company's intensified focus on its core business of producing man-made cellulose fibers.

The related sales process has now entered a phase of more detailed discussions with the receipt of several binding offers on the part of potential buyers on March 21, 2013. Lenzing will subject the proposals to a comprehensive assessment and subsequently decide upon the future ownership structure of the Business Unit Plastics if the quality of the offers is appropriate.

The Business Unit Plastics (Lenzing Plastics GmbH) employs a work force of more than 300 people at the Lenzing site, manufacturing plastics niche products such as films for the construction industry, tapes for the cable industry, films and laminates for technical applications and packaging as well as products based on the high-performance plastic material polytetrafluoroethylene (PTFE). In the 2012 financial year the business unit generated sales of EUR 109.4 mn and an EBITDA of EUR 11.2 mn.

Further inquiry note: Lenzing AG

Mag. Angelika Guldt

Tel.: +43 (0) 7672-701-2713

Fax: +43 (0) 7672-918-2713

mailto:[email protected] issuer: Lenzing AG

A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: [email protected]
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien
language: English

Aussendung übermittelt durch euro adhoc The European Investor Relations Service

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