Hugin Ad hoc announcement according to § 15 WpHG: Misc. matters: Wacker Construction Equipment AG: Wacker Construction Equipment postpones envisaged IPO

7/2/2006, 6:24 PM (Source: GlobeNewswire)
Ad-hoc announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------

Munich, July 2, 2006 - The management and supervisory boards of
Wacker Construction Equipment AG together with the
additional selling shareholders and the underwriters Deutsche Bank
AG, UBS Limited and Sal. Oppenheim jr. & Cie. KGaA have
determined to postpone the proposed IPO and to resume it at a later

In the course of the management roadshow the company received
positive feedback from investors regarding the company
and its growth prospects. However, due to current market conditions a
valuation of the company that is adequate in the view
of the company could not be realised at present.

Additional information:

Listing applied: Official Market (Amtlicher Markt) / Prime Standard,
Frankfurt Stock Exchange
Registered office: Germany

Wacker Construction Equipment AG
Imre Szerdahelyi
Head of Corporate Communication
Preußenstr. 41
80809 Munich
Tel.: + 49 - (0)89 - 354 02 - 251
Mobile: + 49 - (0)172 - 855 98 87


This publication constitutes neither an offer to sell nor an
invitation to buy securities. The offer in Germany is being made
exclusively by means of and on the basis of an approved prospectus
which will be published on the website of the company
and be available in printed form free of charge at the company and
the underwriters.

This document does not constitute an offer of securities for sale or
a solicitation of an offer to purchase securities in the
United States. The shares in Wacker Construction Equipment AG (the
"Shares") may not be offered or sold in the United States
absent registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended. Neither Wacker
Construction Equipment AG nor any selling shareholder intends to
register any portion of the offering in the United States or
to conduct a public offering of the Shares in the United States.

This document is only being distributed to and is only directed at
(i) persons who are outside the United Kingdom or (ii) to
investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005 (the "Order") or (iii) high net worth entities, and other
persons to whom it may lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order (all such persons
together being referred to as "relevant persons"). The Shares are
only available to, and any invitation, offer or agreement to
subscribe, purchase or otherwise acquire such securities will be
engaged in only with, relevant persons. Any person who is not a
relevant person should not act or rely on this document or
any of its contents.

--- End of Ad-hoc Message ---
Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime
Standard in Frankfurter Wertpapierbörse;
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