BAUER Aktiengesellschaft

--------------------------------------------------------------------------------
  Notification of voting rights transmitted by euro adhoc. The issuer is
  responsible for the content of this announcement.
--------------------------------------------------------------------------------
Announcement according to Article 21, Section 1 of the WpHG (share)


Entities obliged to make the notification: 

Henderson Global Investors Limited, London, United Kingdom
Henderson Global Investors (Holdings) Plc, London, United Kingdom
Henderson Group Plc, London, United Kingdom

The Henderson Global Investors Limited informed the BAUER Aktiengesellschaft,
Schrobenhausen (ISIN DE0005168108) via Fax dated 24 January 2012 on behalf of
the abovementioned entities pursuant to sec. 21 para. 1 of the WpHG about the
following:

1. that on 23 January 2012 the voting interest of Henderson Global Investors
Limited in BAUER AG went below the threshold of 3% and amounted to 2.95%
(equivalent to 505,881 shares). 2.95% of the voting rights (equivalent to
505,881 shares) are attributable to Henderson Global Investors Limited in
accordance with sec. 22 para. 1 sent. 1 no. 6 of the WpHG.

2. that on 23 January 2012 the voting interest of Henderson Global Investors
(Holdings) Plc in BAUER AG went below the threshold of 3% and amounted to 2.95%
(equivalent to 505,881 shares). 2.95% of the voting rights (equivalent to
505,881 shares) are attributable to Henderson Global Investors (Holdings) Plc in
accordance with sec. 22 para. 1 sent. 1 no. 6 in conjunction with sent. 2 of the
WpHG.

3. that on 23 January 2012 the voting interest of Henderson Group Plc in BAUER
AG went below the threshold of 3% and amounted to  2.95% (equivalent to 505,881
shares). 2.95% of the voting rights (equivalent to 505,881 shares) are
attributable to Henderson Group Plc in accordance with sec. 22 para. 1 sent. 1
no. 6 in conjunction with sent. 2 of the WpHG.

Further inquiry note:
Christopher Wolf
Investor Relations
BAUER Aktiengesellschaft
BAUER-Straße 1
86529 Schrobenhausen
Tel.: +49 8252 97-1797
Fax: +49 8252 97-2900
investor.relations@bauer.de
www.bauer.de

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


issuer:      BAUER Aktiengesellschaft
             BAUER-Straße  1
             D-86529 Schrobenhausen
phone:       +49 (0)8252-97-1797
FAX:         +49 (0)8252-97-2900
mail:        investor.relations@bauer.de
WWW:         http://www.bauer.de
sector:      Construction & Property
ISIN:        DE0005168108
indexes:     SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English