Austrian Airlines Österreichische Luftverkehrs-AG
Ad hoc-Service: Austrian Airlines
Ad-hoc announcement sent by DGAP.
The sender is solely responsible for the contents of this announcement.
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AD HOC ANNOUNCEMENT
AUSTRIAN AIRLINES ACQUIRES MAJORITY STAKE
IN LAUDA AIR LUFTFAHRT AG
BY BUYING ADDITIONAL SHARES
After the closing of share purchase agreements on January
31, 2001, Austrian Airlines and its subsidiaries now hold
a total of approximately 54.6 % of the voting rights in
Lauda Air Luftfahrt AG. In compliance with Section 5 (3)
of the Austrian Takeover Act, Austrian Airlines
Österreichische Luftverkehrs AG herewith announces that
it is preparing a public takeover offer.
Until now, Austrian Airlines itself held a stake of 35.9
% in Lauda Air, 2.7 % were owned by its subsidiary
Austrian Airlines Lease and Finance Company Limited
(A.L.F.). A further 11.1 % of the shares in Lauda Air AG
were purchased from Lufthansa. Today, after acquiring an
additional approximately 4.9 % of the share capital from
the portfolio of SKWB Schöllerbank, Austrian Airlines
holds a total of 54.6 % of Lauda Air.
Therefore, in compliance with Section 5 (3) of the
Austrian Takeover Act, Austrian Airlines Österreichische
Luftverkehrs AG herewith announces that it is preparing a
public takeover offer.
Dr. Fritz Otti, CFO, Austrian Airlines
Tel.: +43 (0) 5 1766 – 3601, Fax: +43 1 688 65 24,
e-mail: Fritz.Otti@aua.com
Dr. Karl Knezourek, Investor Relations, Austrian Airlines
Tel.: +43 (0) 5 1766 – 3328, Fax: +43 (0) 5 1766 3333,
e-mail: Karl.Knezourek@aua.com
End of Message
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