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, U.S.A., informed us pursuant to sec. 21 para. 1 of the WpHG
   that on July 7, 2011 the voting rights of Paul E. Singer in Demag Cranes AG,
   Düsseldorf, Germany, (DE000DCAG010) have exceeded the threshold of 5 percent
   and amounted to 5.55 percent (1,174,600 voting rights) in relation to all
   shares of the respective voting shares as per this date.

   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 inter alia from
   the following undertakings which are controlled by Paul E. Singer and whose
   holdings of voting rights amount to 3 percent each oder more in Demag Cranes
   AG: Maidenhead LLC, U.S.A., Elliott International, L.P., Cayman Islands,
   Hambledon, Inc., Cayman Islands, Elliott Capital Advisors, L.P., U.S.A.,
   Elliott Asset Management LLC, U.S.A. and Braxton Associates, Inc., U.S.A..

   3.45 percent of the voting rights (730,200 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, whereby 3.44 percent of the voting
   rights (729,200 voting rights) are to be attributed to Paul E. Singer from
   Maidenhead LLC, U.S.A..


2) Braxton Associates, Inc., New York, U.S.A., informed us pursuant to sec. 21
   para. 1 of the WpHG that on July 7, 2011 the voting rights of Braxton
   Associates, Inc. in Demag Cranes AG, Düsseldorf, Germany, (DE000DCAG010) 
   have exceeded the threshold of 5 percent and amounted to 5.55 percent 
   (1,174,600 voting rights) in relation to all shares of the respective 
   voting shares as per this date.

   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 inter
   alia from the following undertakings which are controlled by Braxton
   Associates, Inc. and whose holdings of voting rights amount to 3 percent 
   each or more in Demag Cranes AG: Maidenhead LLC, U.S.A., Elliott 
   International, L.P., Cayman Islands, Hambledon, Inc., Cayman Islands, and 
   Elliott Capital Advisors, L.P., U.S.A..


3) Elliott Asset Management LLC, New York, U.S.A., informed us pursuant to sec.
   21 para. 1 of the WpHG that on July 7, 2011 the voting rights of Elliott 
   Asset Management LLC in Demag Cranes AG, Düsseldorf, Germany, (DE000DCAG010)
   have exceeded the threshold of 5 percent and amounted to 5.55 percent
   (1,174,600 voting rights) in relation to all shares of the respective voting
   shares as per this date.

   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 
   inter alia from the following undertakings which are controlled by Elliott 
   Asset Management LLC and whose holdings of voting rights amount to 3 percent
   each or more in Demag Cranes AG: Maidenhead LLC, U.S.A., Elliott 
   International, L.P., Cayman Islands, Hambledon, Inc., Cayman Islands, and 
   Elliott Capital Advisors, L.P., U.S.A..


4) Elliott Capital Advisors, L.P., New York, U.S.A., informed us pursuant to
   sec. 21 para. 1 of the WpHG that on July 7, 2011 the voting rights of 
   Elliott Capital Advisors, L.P. in Demag Cranes AG, Düsseldorf, Germany,
   (DE000DCAG010) have exceeded the threshold of 5 percent and amounted to 5.55
   percent (1,174,600 voting rights) in relation to all shares of the 
   respective voting shares as per this date.

   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 inter alia from the following undertakings which are controlled by 
   Elliott Capital Advisors, L.P. and whose holdings of voting rights amount 
   to 3 percent each or more in Demag Cranes AG: Maidenhead LLC, U.S.A., 
   Elliott International, L.P., Cayman Islands, and Hambledon, Inc., Cayman 
   Islands.


5) Elliott International Capital Advisors Inc., New York, U.S.A., informed us
   pursuant to sec. 21 para. 1 of the WpHG that on July 7 the voting rights of
   Elliott International Capital Advisors Inc. in Demag Cranes AG, Düsseldorf,
   Germany, (DE000DCAG010) have exceeded the threshold of 3 percent and 
   amounted to 3.45 percent (730,200 voting rights) in relation to all shares 
   of the respective voting shares as per this date.

   All of the aforementioned voting rights are to be attributed to Elliott
   International Capital Advisors Inc. pursuant to sec. 22 para. 1 sent. 1 
   no. 6 of the WpHG, whereby 3.44 percent of the voting rights (729.200 voting
   rights) are to be attributed to Elliott International Capital Advisors Inc.
   from Maidenhead LLC, U.S.A..


6) Hambledon, Inc., George Town, Cayman Islands, informed us pursuant to sec.
   21 para. 1 of the WpHG that on July 7 the voting rights of Hambledon, Inc. 
   in Demag Cranes AG, Düsseldorf, Germany, (DE000DCAG010) have exceeded the
   threshold of 3 percent and amounted to 3.45 percent (730,200 voting rights)
   in relation to all shares of the respective voting shares as per this date.

   All of the aforementioned voting rights are to be attributed to Hambledon,
   Inc. pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG inter alia from
   the following undertakings which are controlled by Hambledon, Inc. and whose
   holdings of voting rights amount to 3 percent each or more in Demag Cranes
   AG: Maidenhead LLC, U.S.A., Elliott International, L.P., Cayman Islands.


7) Elliott International, L.P., Grand Cayman, Cayman Islands, informed us
   pursuant to sec. 21 para. 1 of the WpHG that on July 7 the voting rights of
   Elliott International, L.P. in Demag Cranes AG, Düsseldorf, Germany,
   (DE000DCAG010) have exceeded the threshold of 3 percent and amounted to 3.45
   percent (730,200 voting rights) in relation to all shares of the respective
   voting shares as per this date.

   All of the aforementioned voting rights are to be attributed to Elliott
   International, L.P. pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG
   inter alia from Maidenhead LLC, U.S.A., being an undertaking controlled by
   Elliott International, L.P. and whose holdings of voting rights amount to 3
   percent each or more in Demag Cranes AG.


8) Elliott International Limited, George Town, Cayman Islands, informed us
   pursuant to sec. 21 para. 1 of the WpHG that on July 7 the voting rights of
   Elliott International, L.P. in Demag Cranes AG, Düsseldorf, Germany,
   (DE000DCAG010) have exceeded the threshold of 3 percent and amounted to 3.45
   percent (730,200 voting rights) in relation to all shares of the respective
   voting shares as per this date.

   All of the aforementioned voting rights are to be attributed to Elliott
   International Limited pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG
   inter alia from Maidenhead LLC, U.S.A., being an undertaking which is
   controlled by Elliott International Limited and whose holdings of voting
   rights amount to 3 percent each or more in Demag Cranes AG.


9) Maidenhead LLC, New York, U.S.A., informed us pursuant to sec. 21 para. 1 of
   the WpHG that on July 7 the voting rights of Maidenhead LLC in Demag Cranes
   AG, Düsseldorf, Germany, (DE000DCAG010) have exceeded the threshold of 3
   percent and amounted to 3.44 percent (729,200 voting rights) in relation to
   all shares of the respective voting shares as per this date.



Düsseldorf, 14 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