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STRABAG SE

euro adhoc: STRABAG SE
Mergers - Acquisitions - Takeovers
PUBLICATION OF THE DECISION TO SUBMIT AN OFFER FOR THE ACQUISITION OF SHARES PURSUANT TO SEC. 10 SUBSEC. 1 OF THE GERMAN ACT ON THE ACQUISITION OF SHARES AND TAKEOVERS (WERTPAPIERERWERBS- UND

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  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
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07.05.2008

Bidder:

STRABAG SE Donau-City-Straße 9 A-1220 Vienna Austria

Registered office:

Triglavstrasse 9 A-9500 Villach Austria

Christian Ebner, Head of Investor Relations Diana Klein, Investor Relations

Tel.:           +43 (0)1 22422-1116
Fax:            +43 (0)1 22422-1177
Email:           investor.relations@strabag.com

Target Company:

STRABAG AG Siegburger Straße 241 D-50679 Cologne Germany

ISIN DE 0007283004 (WKN 728300)

On 7 May 2008, STRABAG SE decided to offer to the shareholders of STRABAG AG to acquire their bearer shares (without par value) in STRABAG AG, Cologne, which have a proportionate value in the company´s share capital amounting to EUR 26.00 each and respective dividend rights as of 1 January 2008, by means of a voluntary public offer to acquire shares according to Sec. 10 et. al. of the German Act on the Acquisition of Shares and Takeovers (WpÜG), against payment of

EUR 260 per share in STRABAG AG,

all this pursuant to the terms and conditions as will be set forth in the offering prospectus.

The Bidder currently directly and indirectly holds approx. 66.60 % of the shares in the Target Company.

The publication of the offering prospectus and further information in relation to the offer will be provided on the internet at:

http://www.strabag.com

Important Information

This publication does neither constitute an offer for the purchase of nor an invitation to submit an offer for the sale of shares in STRABAG AG. The final terms and the conditions of the subsequent offer to be submitted will be provided in the offering prospectus following the approval of its publication by the (German) Financial Market Authorities (BaFin).

Vienna, 7 May 2008 STRABAG SE

end of announcement                               euro adhoc
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Further inquiry note:

STRABAG SE
Dr. Christian Ebner, Head of Investor Relations
Diana Klein, Investor Relations
Tel: +43-1-22422-1116
investor.relations@strabag.com

Branche: Construction & Property
ISIN: AT000000STR1
WKN:
Index: WBI, ATX Prime, ATX, SATX
Börsen: Wiener Börse AG / official market

Original-Content von: STRABAG SE, übermittelt durch news aktuell

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