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Cross Motorsport Systems AG

CROSS Motorsport Systems AG holds simple majority on share capital of Pankl Racing Systems AG

Wels (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
investments
Wels/Kapfenberg: CROSS Motorsport Systems AG, a
100% subsidiary of CROSS Industries AG, acquired additional 12,711 
shares of Pankl Racing Systems AG and holds now more than 50,1% of 
the capital stock of Pankl.
On 23 July 2008 all shares of Pankl Racing Systems AG held by CROSS 
Industries AG were brought into CROSS Motorsport Systems AG.
end of announcement                               euro adhoc

Further inquiry note:

CROSS Motorsport Systems AG, Mag. Michaela Friepess, Bauernstrasse 9, A-4600
Wels
Tel: +43-7242-69402, Fax: +43-7242-69402-109, Email: info@crossmotorsport.at
Web: www.crossmotorsport.at

Branche: Holding companies
ISIN: AT0000A09YW0
WKN:
Börsen: Wiener Börse AG / Regulated free trade