Ad-hoc | 18 August 2005 09:00

Dürr AG: Dürr and HORIBA, Ltd. sign a contract for the sale of DTS

Ad hoc announcement §15 WpHG Dürr and HORIBA, Ltd. sign a contract for the sale of Dürr’s DTS business unit Dürr AG: Dürr and HORIBA, Ltd. sign a contract for the sale of DTS Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Dürr and HORIBA, Ltd. sign a contract for the sale of Dürr’s DTS business unit Stuttgart, August 18, 2005 – Dürr AG, Stuttgart, is selling its Development Test Systems business unit (DTS) to HORIBA, a technology group based in Kyoto, Japan. Both parties have signed the contract regulating the sale on late Wednesday evening. DTS is a leading supplier of test systems for vehicle development such as engine and transmission test stands. The DTS lead company, Schenck Pegasus GmbH, Darmstadt, Germany and six other DTS companies and affiliates of the Schenck Group, which belongs to Dürr, are being sold. DTS achieved sales revenues of EUR 75 million in 2004 with some 500 employees. With the sale of DTS, Dürr is separating from one of its portfolio’s peripheral businesses. In the context of the recently announced FOCUS program Dürr is concentrating on its core business activities and puts peripheral activities to the test. Aside from cost savings, FOCUS also entails a realignment of the business model to concentrate on the higher margin modernization and services business. The parties to the contract have agreed not to reveal the sale price. Consummation of the contract is subject to the usual restrictions, particularly regarding the approval of the antitrust authorities. Dürr assumes that the sale will be wrapped up in the third quarter, with a mostly neutral effect on earnings. Contact: Dürr AG, Stephan Haas, Tel.: +49 (0)711 136-1785 Dürr AG Otto-Dürr-Strasse 8 70435 Stuttgart – Zuffenhausen Deutschland ISIN: DE0005565204 (SDAX) WKN: 556520 Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Stuttgart; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg und Hannover End of ad hoc announcement (c)DGAP 18.08.2005 180900 Aug 05