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21.03.2013 – 20:09

Lenzing AG

EANS-Adhoc: Lenzing AG
Binding Offers for the Sale of the Business Unit Plastics

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
Strategic management decisions/Company Information

The Lenzing Group is evaluating the possibility of potentially disposing of its
Business Unit Plastics within the context of the company's intensified focus on
its core business of producing man-made cellulose fibers. 

The related sales process has now entered a phase of more detailed discussions
with the receipt of several binding offers on the part of potential buyers on
March 21, 2013. Lenzing will subject the proposals to a comprehensive assessment
and subsequently decide upon the future ownership structure of the Business Unit
Plastics if the quality of the offers is appropriate.

The Business Unit Plastics (Lenzing Plastics GmbH) employs a work force of more
than 300 people at the Lenzing site, manufacturing plastics niche products such
as films for the construction industry, tapes for the cable industry, films and
laminates for technical applications and packaging as well as products based on
the high-performance plastic material polytetrafluoroethylene (PTFE). In the
2012 financial year the business unit generated sales of EUR 109.4 mn and an
EBITDA of EUR 11.2 mn.

Further inquiry note:
Lenzing AG
Mag. Angelika Guldt
Tel.: +43 (0) 7672-701-2713
Fax: +43 (0) 7672-918-2713

end of announcement                               euro adhoc 

issuer:      Lenzing AG
             A-A-4860 Lenzing
phone:       +43 7672-701-0
FAX:         +43 7672-96301
sector:      Chemicals
ISIN:        AT0000644505
indexes:     WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien 
language:   English

Original content of: Lenzing AG, transmitted by news aktuell