Press release

euro adhoc: HeidelbergCement AG / Restructuring & Recapitalisations / HeidelbergCement´s decision to implement capital increase

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  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
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16.01.2008

The Managing Board of HeidelbergCement AG has resolved, subject to the consent of the Supervisory Board, to make use of the authorised capital and to implement a cash capital increase with a view to strengthen the company´s equity base. VEM Vermögensverwaltung GmbH, Dresden/Germany, a Merckle group company, will subscribe new shares at a close to stock market subscription price. The new shares are entitled to receive dividends for the entire business year 2007. The subscription rights for existing shareholders will be excluded. By this capital increase, the company expects cash proceeds of approximately 500 million Euro shortly. The proceeds will be used to refinance current debts. The completion of the capital increase and the announcement of the conditions are expected to be made by mid of February.

Heidelberg, 16 January 2008

HeidelbergCement AG The Managing Board

end of announcement                               euro adhoc
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Further inquiry note:

Dr. Ingo Schaffernak
+49(0)6221/481-366
ingo.schaffernak@heidelbergcement.com

Branche: Construction & Property
ISIN: DE0006047004
WKN: 604700
Index: Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX,
Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Hannover / free trade
Börse Stuttgart / regulated dealing
Börse Düsseldorf / regulated dealing
Börse München / regulated dealing

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https://www.presseportal.de/en/pm/8044/1118168