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08.04.2006 – 16:33

Wacker Chemie AG

euro adhoc: Wacker Chemie AG
Financing, Stock Offerings (IPO)
Book-building successfully completed: Wacker Chemie AG sets offer price and offer size

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


Munich, April 8, 2006 - Wacker Chemie AG together with the other selling shareholders Blue Elephant Holding GmbH and Morgan Stanley & Co. Inc. and the Global Coordinators and Joint Bookrunners Morgan Stanley and UBS Investment Bank have jointly set the offer price at EUR80 per share. The offer price was set at the upper end of the price range of EUR 70 to EUR 80. At the offer price the shares of Wacker Chemie AG were more than 18 times over-subscribed.

The proceeds from the offering (including over-allotment) amount to approximately EUR 1.2 billion. A total of 14,993,873 shares (including over-allotment) are placed in the offering. The company will receive proceeds of approximately EUR 428 million from the sale of its own shares in connection with the IPO (if the Greenshoe option is exercised in full). Following the completion of the offering, Wacker Chemie AG will continue to hold 2.47 million treasury shares (if the Greenshoe option is exercised in full). For these shares, the company will by law neither be entitled to voting rights nor to dividend rights. The free float will be at 28.75 percent, if the Greenshoe option is exercised in full. Treasury shares held by the company as well as all other shares held by the major shareholders are subject to a lock-up for a period of six months from the initial listing of the shares. The first day of trading is expected to occur on April 10, 2006.


This ad hoc-release does not constitute an offer to sell or the solicitation of an offer to purchase the shares or other securities of Wacker Chemie AG. The offer is made exclusively through and on the basis of the prospectus, as published, and the supplement thereto. Investors should not make an investment decision with respect to the shares or any other securities of Wacker Chemie AG except on the basis of the information contained in the prospectus, as supplemented, relating to the shares. Free copies of the prospectus and the supplement thereto are available to investors at Wacker Chemie AG.

This ad hoc-release is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be made in the United States of America will be made by means of a prospectus that may be obtained from Wacker Chemie AG and that will contain detailed information about the company and management, as well as financial statements.

The information contained in this ad hoc-release is not for publication or distribution in the United States of America, Canada, Australia or Japan and does not constitute an offer of securities for sale in the United States of America, Canada, Australia or Japan.

This ad-hoc release is directed only at persons outside the U.K. (the "relevant persons"). Each solicitation of an offer, each offer and each agreement to subscribe for, to purchase or to otherwise acquire the securities is directed only at relevant persons and at certain other persons or will be entered into only with relevant persons or certain other persons.  Persons who are not relevant persons should not act on the basis of or rely on the information contained herein.

end of announcement                                                 euro adhoc 08.04.2006 15:57:47

ots Originaltext: Wacker Chemie AG
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Further inquiry note:
Joerg Hoffmann
+49 (0)89 6279 1633

Branche: Chemicals
ISIN:      DE000WCH8881
WKN:        WCH888
Index:    CDAX
Börsen:  Frankfurter Wertpapierbörse / admission applied: official

Original content of: Wacker Chemie AG, transmitted by news aktuell