Ad-hoc | 13 December 2004 07:53

Fresenius Medical Care AG Refinances Senior Credit Facilities

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Fresenius Medical Care AG Refinances Senior Credit Facilities Fresenius Medical Care AG today announced the successful closing of the refinancing of US-Dollar 1.2 billion senior credit facilities. A tranche of US-Dollar 750 million revolving facility and a tranche of US-Dollar 450 million term loan have now been extended to February 28, 2010. The total size of these facilities could be reduced from the prior amount of US-Dollar 1.4 billion to now US-Dollar 1.2 billion. This was achieved based on the favorable Cash Flow development of the Company, which resulted in a lower debt level. The mandated lead arrangers Bank of America, Credit Suisse First Boston and Deutsche Bank have syndicated the facilities. The facilities were substantially oversubscribed due to strong support of the bank group with 37 commitments in total. The improved credit quality of Fresenius Medical Care and the favorable market conditions will result in a substantial reduction of interest expense commencing in 2005 going forward. Fresenius AG (WKN 578560, 578563) holds a majority interest in Fresenius Medical Care’s ordinary capital. Fresenius Medical Care AG, Board of Management, Bad Homburg v.d.H., December 13, 2004. end of ad-hoc-announcement (c)DGAP 13.12.2004 ——————————————————————————– WKN: 578580; ISIN: DE0005785802; Index: DAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 130753 Dez 04