Ad hoc: Wacker Construction Equipment AG: Price range for shares in Wacker Construction Equipment AG is EUR 18.00 to EUR 22.00

5/7/2007, 11:09 PM (Source: GlobeNewswire)
Wacker Construction Equipment AG / Misc. matters / Price range for shares in Wacker Construction Equipment AG is EUR 18.00 to EUR 22.00 Ad hoc announcement according to §15 WpHG processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



(Munich, 7 May 2007) Wacker Construction Equipment AG, together with
the selling shareholders and the global coordinators
Deutsche Bank, Sal. Oppenheim and UBS Investment Bank, today set the
price range between EUR 18.00 and EUR 22.00. The
Federal Cartel Office has given clearance for the proposed merger
with Neuson Kramer Baumaschinen AG.

Offer consists of up to 18,398,985 shares
The offer period will commence on 9 May 2007 and end on 14 May 2007
at 12.00 noon (CEST) for private investors and 5.00
p.m. (CEST) for institutional investors. The offering consists of up
to 15,999,117 shares in Wacker Construction Equipment
AG in total, i.e. 7,500,000 shares resulting from the capital
increase approved by the annual shareholders' meeting on 13
April 2007, 8,499,117 shares from the holdings of Wacker Beteiligungs
GmbH & Co. KG and a family shareholder, and up to
2,399,868 shares from the holdings of Wacker Beteiligungs GmbH & Co.
KG to cover a potential over-allotment. Assuming
that the maximum number of shares is placed and further assuming full
exercise of the greenshoe-option the freefloat will
approximately be 36 %.The final placement price is expected to be
determined on 14 May 2007. The initial listing is expected
to take place on 15 May 2007. The shares are expected to be delivered
on 18 May 2007 against payment of the placement
price and the customary securities commission.

Further details about the IPO
The shares are being offered in the context of a public offer in
Germany and international private placements, including a
placement in the USA with qualified institutional buyers in
accordance with Rule 144A of the US Securities Act. The other offer
conditions can be found in the prospectus approved on 30 April 2007
and supplement no. 1 to this prospectus, which will be
published on the Wacker Construction Equipment AG website subject to
and immediately after approval by the German
Federal Financial Supervisory Authority ("BaFin").

Federal Cartel Office has given clearance to proposed merger with
Neuson Kramer
In the course of 2007, Wacker Construction Equipment AG plans to
merge with Neuson Kramer Baumaschinen AG (Austria), a
leading manufacturer of compact equipment in Europe, to Wacker Neuson
AG. The shareholders of both companies and
Wacker Construction Equipment AG have signed a memorandum of
understanding in this regard on 30 March 2007. The
German Federal Cartel Office has given clearance to the proposed
merger with Neuson Kramer. Clearance in Austria is still
outstanding.

Additional information about the Wacker Construction Equipment AG
share:
ISIN: DE000WACK012
Securities Identification number: WACK01
Listing requested: Official Market / Prime Standard; Frankfurt Stock
Exchange
Registered office of the company: Germany

Contact:
Wacker Construction Equipment AG
Imre Szerdahelyi
Corporate Communications Manager
Preussenstr. 41
80809 Munich
Germany
Tel. + 49 - 89 - 354 02 - 251
E-mail: imre.szerdahelyi@eu.wackergroup.com
Internet: www.wackergroup.com

Disclaimer:
This publication constitutes neither an offer to sell nor an
invitation to buy securities. The offer in Germany will be made
exclusively by means of and on the basis of the German-language
prospectus which has been approved by the German
Federal Financial Supervisory Authority on 30 April 2007 and the
supplement no. 1 to this prospectus. The prospectus is
published on the websites of Wacker Construction Equipment AG and
available free of charge at the company and the
syndicate banks. The supplement no. 1 to the prospectus will also be
published on the websites of the company immediately
after approval by the German Federal Financial Supervisory Authority
expected on 8 May 2007 and will be available free of
charge at the places mentioned above.

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 Message ---

Wacker Construction Equipment AG
Preußenstr. 41 München
Deutschland

WKN: WACK01; ISIN: DE000WACK012;
Listed: Amtlicher Markt in
Frankfurter Wertpapierbörse, Prime Standard in Frankfurter
Wertpapierbörse;
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