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18.02.2005 – 13:04

Lenzing AG

euro adhoc: Lenzing AG
Mergers - Acquisitions - Takeovers / Modified Application to be Filed with Anti-Trust Authority Regarding Tencel Acquisition

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

18.02.2005

With its decision of 14 February 2005 the Austrian Supreme Court confirmed the decision of the anti-trust authority of 28 October 2004 which restrained Lenzing from acquiring Tencel.

While the case was pending with the Austrian Supreme Court, Lenzing already reached an agreement with the anti-trust authorities on the conditions and limitations that will address the concerns.

A new application concerning the Tencel acquisition incorporating the quite extensive modifications will be filed in the next few days. Since agreement has been reached on the terms, a swift approval of the merger is expected,

end of announcement                                euro adhoc 18.02.2005 12:30:06
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Further inquiry note: Angelika Guldt

Branche: Chemicals
ISIN:      AT0000644505
WKN:        064450
Index:    WBI
Börsen:  Berliner Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Wiener Börse AG / official dealing

Original content of: Lenzing AG, transmitted by news aktuell

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