Vossloh AG

M&A Activity • May 14, 2007

News Details

Ad-hoc | 14 May 2007 14:53

Vossloh AG: Binding memorandum of understanding executed on the complete takeover of the ETF Group

Vossloh AG / Acquisition

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.

---

Binding memorandum of understanding executed on the complete takeover of
the ETF Group

Vossloh Infrastructure Services SA (VIS), a Vossloh AG subsidiary, has
executed a binding memorandum of understanding with Colas SA, Boulogne
Billancourt, France, for the complete acquisition of the ETF Group
(Européenne de Travaux Ferroviaires SA), Paris, France. VIS currently owns
a 50% stake in ETF, the other 50% being held by Spie Rail SA, Cergy
Pontoise, France. The provisional price amounts to €33 million but may be
subject to adjustment in the case of any changes in equity as of the
closing date. The ETF Group generated sales in 2006 of around €120 million.

The acquisition is subject to the following conditions precedent: effective
takeover by Colas SA of Spie Rail SA (subject to antitrust authority
approval), clearance under antitrust/cartel legislation, and approval by
Vossloh AG’s Supervisory Board.

Werdohl, May 14, 2007
The Executive Board

DGAP 14.05.2007

Language: English
Issuer: Vossloh AG
Vosslohstr. 4
58791 Werdohl Deutschland
Phone: +49 (0)2392 52 - 249
Fax: +49 (0)2392 52 - 264
E-mail: investor.relations@ag.vossloh.com
www: www.vossloh.com
ISIN: DE0007667107
WKN: 766710
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Hannover, München, Hamburg, Stuttgart

End of News DGAP News-Service

---