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Homag Group AG sets issue price at EUR 31.00 / Ad hoc announcement

Homag Group AG and the principal selling shareholder together with the joint lead managers and joint bookrunners Dresdner Kleinwort and JPMorgan today set the issue price of the offered shares within the IPO at EUR 31.00 per share. Due to strong demand from German and international institutional investors, the offering was several times oversubscribed. Trading of the shares in the Official Market (Prime Standard) of the Frankfurt Stock Exchange will commence on Friday, July 13, 2007.

In the context of the IPO, all of the 6,897,215 Homag Group AG shares offered were placed. 1,126,655 shares were issued by way of a capital increase, 4,870,923 shares were offered by the existing shareholders and 899,637 shares were offered under a greenshoe option granted by the selling shareholders. The issue had a total volume (incl. Greenshoe) of approx. EUR 214 million. The company will receive gross proceeds of around EUR 35 million. If the greenshoe option is fully exercised, the free float will amount to approx. 44%. Based on the issue price, Homag Group AG has a total market capitalisation of roughly EUR 486 million.

Official Market / Prime Standard; Frankfurter Stock Exchange
ISIN: DE0005297204

Disclaimer:
This publication constitutes neither an offer to sell nor an invitation to buy any securities whatsoever.

This is not an offer of securities for sale in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, (the Securities Act), and may not be offered or sold in the United States absent registration or pursuant to an available exemption from registration under the Securities Act. Neither Homag Group AG nor any of its shareholders intend to register any securities referred to herein in the United States.

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