10.12.2007 – 15:05

CHRIST WATER TECHNOLOGY AG

euro adhoc: CHRIST WATER TECHNOLOGY AG
Capital measures
Capital increase successfully completed • Issue price was fixed at EUR 11.10 • Resolution passed to issue 1,758,349 new shares (roughly 9.8% of the nominal capital)

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

Company Information

10.12.2007

The Management Board of Vienna Stock Exchange-listed Christ Water 
Technology AG ("CHRIST") resolved today to increase the company´s 
share capital from EUR 17,858,500.00 by EUR 1,758,349.00 by issuing 
1,758,349 new shares for cash contribution.

The issue price of the new shares was determined in a book-building 
procedure taking into account the current and recent days´ share 
prices of the CHRIST share at EUR 11.10.

Proceeds from the issue are to be used mainly to finance the 
acquisition of Zeta Group, to implement a sea water desalination 
plant project in the United Arab Emirates and to develop the 
operator-business of smaller, primarily municipal drinking water 
and/or waste water plants.

The new shares were offered by the company by way of a private 
placement to selected institutional investors in Austria and the rest
of Europe. GBR Financial Services GmbH has act as selling agent. The 
volume of shares offered representing a total of roughly EUR 19.5mn 
was considerably oversubscribed.

The new shares are expected to be traded in the Prime Market segment 
of the Vienna Stock Exchange on or about December 13th, 2007.

DISCLAIMER: THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL 
NOR AN INVITATION TO BUY SECURITIES IN AUSTRIA, GERMANY, THE UNITED 
STATES OF AMERICA ("USA") OR IN ANY OTHER JURISDICTION. THIS DOES NOT
CONSTITUTE A PUBLIC OFFER OF SHARES IN CHRIST WATER TECHNOLOGY AG 
(THE 'COMPANY'). THE SECURITIES WERE NOT AND WILL NOT BE REGISTERED 
PURSUANT TO THE US SECURITIES ACT 1933, AS AMENDED ("SECURITIES 
ACT"), AND MAY NOT BE OFFERED OR SOLD IN THE USA ABSENT REGISTRATION 
OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THIS 
INFORMATION IS NOT BEING ISSUED IN THE USA AND MAY NOT BE DISTRIBUTED
TO U.S. PERSONS OR PUBLICATIONS WITH GENERAL CIRCULATION IN THE USA.

Issuer:                 CHRIST WATER TECHNOLOGY AG
                        Walter-Simmer-Straße 4
                        A-5310 Mondsee
Telephone:              +43/6232/9011-0
FAX:                    +43/6232/9011-1099
E-mail:                  office@christ-water.com
WWW:                    http://www.christ-water.com
ISIN:                   AT0000499157
Indices:                WBI, ATX Prime
Stock exchanges:        Official Market: Wiener Börse AG

end of announcement                               euro adhoc 10.12.2007 14:30:00

Further inquiry note:

Christ Water Technology Group
Mag. Ralf Burchert
ralf.burchert@christ-water.at
Tel.: 06232/5011-1113

Branche: Biotechnology
ISIN: AT0000499157
WKN: 675399
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market