Demag Cranes AG

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


     Notification pursuant to sec. 26 para. 1 Securities Trading Act (WpHG)


1) Paul E. Singer, USA, informed us pursuant to sec. 21 para. 1 of the WpHG
   that on July 6, 2011 the voting rights of Paul E. Singer in Demag Cranes AG,
   Düsseldorf, Germany, have exceeded the threshold of 3 percent and amounted 
   to 4.96 percent (1,049,800 voting rights) in relation to all shares of the
   respective voting shares.

   All of the aforementioned voting rights are to be attributed to Paul E.
   Singer pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG through Elliott
   Capital Advisors, L.P., Braxton Associates, Inc. and Elliott Asset 
   Management LLC. 2.86 percent of the voting rights (605,400 voting rights)
   are also to be attributed to Paul E. Singer pursuant to sec. 22 para. 1 
   sent. 1 no. 6 in conjunction with sent. 2 of the WpHG.


2) Braxton Associates, Inc., New York, USA, informed us pursuant to sec. 21
   para. 1 of the WpHG that on July 6, 2011 the voting rights of Braxton
   Associates, Inc. in Demag Cranes AG, Düsseldorf, Germany, have exceeded 
   the threshold of 3 percent and amounted to 4.96 percent (1,049,800 voting 
   rights) in relation to all shares of the respective voting shares.

   All of the aforementioned voting rights are to be attributed to Braxton
   Associates, Inc. pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG
   through Elliott Capital Advisors, L.P.


3) Elliott Asset Management LLC, New York, USA, informed us pursuant to sec. 21
   para. 1 of the WpHG that on July 6, 2011 the voting rights of Elliott Asset
   Management LLC in Demag Cranes AG, Düsseldorf, Germany, have exceeded the
   threshold of 3 percent and amounted to 4.96 percent (1,049,800 voting 
   rights) in relation to all shares of the respective voting shares.

   All of the aforementioned voting rights are to be attributed to Elliott 
   Asset Management LLC pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG 
   through Elliott Capital Advisors, L.P.


4) Elliott Capital Advisors, L.P., New York, USA, informed us pursuant to sec.
   21 para. 1 of the WpHG that on July 6, 2011 the voting rights of Elliott
   Capital Advisors, L.P. in Demag Cranes AG, Düsseldorf, Germany, have 
   exceeded the threshold of 3 percent and amounted to 4.96 percent (1,049,800 
   voting rights) in relation to all shares of the respective voting shares.

   All of the aforementioned voting rights are to be attributed to Elliott
   Capital Advisors, L.P. pursuant to sec. 22 para. 1 sent. 1 no. 1 of the 
   WpHG.



Düsseldorf, 12 July 2011

Board of Management


Further inquiry note:
Susanne Tengler
Telefon: +49(0)211 7102-1218
E-Mail: Susanne.Tengler@demagcranes-ag.com

end of announcement                               euro adhoc 
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issuer:      Demag Cranes AG
             Forststrasse 16
             D-40597 Düsseldorf
phone:       +49(0211) 7102 1218
FAX:         +49(0211) 7102 1215
mail:        ir@demagcranes-ag.com
WWW:         http://www.demagcranes-ag.com
sector:      Machine Manufacturing
ISIN:        DE000DCAG010
indexes:     MDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English