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03.06.2004 – 08:09

Wienerberger AG

euro adhoc: Wienerberger AG
Restructuring & Recapitalisations / Wienerberger successfully places EUR 210.1 million capital increase (E)

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

These materials are not being issued in the United States of America and should not be distributed to United States persons or publications with a general circulation in the United States. These materials are not an offer for sale of the securities in the United States. No public offering of the securities will be made in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be sold in the United States absent registration or an exemption from registration under the Securities Act.

Not for distribution in the United States, Canada, Japan or Australia.

A prospectus prepared in accordance with the Austrian Capital Markets Act was filed with Oesterreichische Kontrollbank AG and published by short notice in the "Amtsblatt zur Wiener Zeitung" on 18 May 2004. In connection with the offering of shares of Wienerberger AG only information contained in the prospectus is binding and relevant.

Wienerberger successfully places EUR 210.1 million capital increase

- New shares priced at EUR 26.0 per share - Greenshoe for up to 10% of the issue size - Fresh capital will be used for accelerated growth

New shares successfully placed Wienerberger AG (Vienna Stock Exchange: WIE, Reuters: WBSV.VI, Bloomberg: WIE AV) has successfully placed 8,080,748 new ordinary shares, representing 12.5% of the company's issued share capital, and 8,888,823 new ordinary shares if the greenshoe is exercised in full. In total EUR 210.1 million capital (EUR 231.1 million with full exercise of greenshoe) was raised at EUR 26.0 per share through a combined rights and global offering. The proceeds of the capital increase will be used to accelerate Wienerberger’s growth program, including the announced early acquisition of the remaining 50% of Koramic Roofing. The offering is expected to close on June 8, subject to customary closing conditions.

Rising share price during bookbuilding The shares were priced at EUR 26.0 per share and placed with a broad range of new and existing Austrian, continental European, UK and US investors. During the bookbuilding phase, the share price steadily increased by approximately 5% following the announcement, reflecting broad investor interest in Wienerberger’s strategy, and track record in delivering profitable growth.

Greenshoe The rights subscription and global offer periods closed on 2 June 2004. The new shares are expected to start trading on the Vienna Stock Exchange on 8 June 2004 and are entitled to the full dividend for the 2004 financial year. Wienerberger has granted CA IB / Bank Austria Creditanstalt and UBS Investment Bank, the Joint Lead Managers and Joint Bookrunners, a greenshoe for up to 10% of the issue size or 808,075 new shares for a period of up to 30 days.

Accelerated growth and value creation Commenting on the capital increase, Wolfgang Reithofer, CEO of Wienerberger said: "We are delighted with the success of this capital increase. Wienerberger is now able to accelerate its profitable growth strategy and continue to deliver value to our existing and new shareholders."

Leader in bricks and roof tiles Wienerberger is the largest producer of bricks in the world and the second largest manufacturer of roof tiles in Europe. The Group is present in the hollow and facing brick markets and in the clay and concrete roof tile segments. In addition, the Group manufactures clay and concrete pavers.

Strong earnings growth in 2003 For the year ended December 31, 2003 Wienerberger reported revenues of EUR 1,826.9 million (+10% from 2002), EBITDA of EUR 349.9 million (+16%), operating profit of EUR 190.2 million (+25%) and earnings per share adjusted for goodwill amortization of EUR 2.01 (+28%).

Wienerberger Management is dedicated to high standards of Investor Relations and Corporate Governance.

Wienerberger AG The Managing Board Vienna, June 3, 2004

end of announcement            euro adhoc 03.06.2004

Further inquiry note: For additional information contact: Thomas Melzer, Public and Investor Relations T +43(1)60192-463  |

Branche: Building materials
ISIN:      AT0000831706
WKN:        083170
Index:    ATX, ATX Prime, WBI
Börsen:  Wiener Börse AG / official dealing

Original content of: Wienerberger AG, transmitted by news aktuell

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