25.04.2007 – 15:55

voestalpine AG

euro adhoc: voestalpine AG
Mergers - Acquisitions - Takeovers
voestalpine publishes takeover offer for BÖHLER-UDDEHOLM AG on April 26, 2007

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.

C.E.O. Interviews

25.04.2007

On April 16, 2007, voestalpine AG filed a voluntary public takeover 
bid to all shareholders of Böhler-Uddeholm AG with the Austrian 
Takeover Commission and made the foregoing public on the same day.

At voestalpine AG’s request, the 1st Senate of the Takeover 
Commission, after a review of the takeover bid, has shortened the 
time period for publication of the takeover bid. voestalpine AG will 
therefore publish the takeover bid tomorrow, 26 April 2007. The 
acceptance period runs for 19 Austrian trading days or 20 full US 
business days. The acceptance period ends on 24 May 2007, 5:30 pm 
CEST.

The takeover bid can be accepted in any event in the Republic of 
Austria or in the United States of America.

As announced previously the offer price amounts to EUR 69.00 per 
share of Böhler-Uddeholm AG ex dividend 2006. The takeover bid is 
subject to the condition precedent of reaching a holding of more than
50% of BÖHLER-UDDEHOLM AG’s voting stock and the obtaining of  the 
relevant merger control approvals.

This communication does not constitute a public offer for the 
acquisition of shares in or other securities issued by 
BÖHLER-UDDEHOLM AG. A public offer is made only and solely  through 
publication of the takeover bid. Its acceptance can occur only in 
accordance with the terms of the takeover bid which will be published
on 26 April 2007. The latter is available among other in the 
exclusively binding German version and in a non-binding English 
translation on voestalpine AG’s website www.voestalpine.com from 26 
April 2007 onwards.

Further information is available on our website www.voestalpine.com 
or contact our Investor Relations Team +43/50304/15-9949.

end of announcement                               euro adhoc 25.04.2007 15:16:53

Further inquiry note:

DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax: +43/50304/55-5581
mailto:peter.fleischer@voestalpine.com
http://www.voestalpine.com

Branche: Metal Goods & Engineering
ISIN: AT0000937503
WKN: 897200
Index: ATX, ATX Prime, WBI
Börsen: Wiener Börse AG / official market