Greiffenberger : press release, april 15, 2014

Press Release by the Greiffenberger AG (WKN 589 730 / ISIN DE0005897300)

Greiffenberger AG successfully completes capital increase for cash

• Cash influx to be used for further company growth
• Significant growth in turnover and profits expected for 2014

Marktredwitz and Augsburg, April 15, 2014 - Greiffenberger AG has successfully completed the equity capital increase from authorized capital that was decided on yesterday. The transaction saw 483,850 new shares issued, with the subscription rights of the existing shareholders excluded. The new shares were placed at a price of € 6.00 per share with institutional investors in Germany and in German-speaking countries abroad by means of a private placement; the issue was significantly oversubscribed. The gross issuing proceeds from the capital increase therefore amount to around € 2.90 million. The capital increase for cash means the share capital of the company will increase by € 1,238,656.00 (about 10 %), and after entry into the Commercial Register will stand at € 13,627,648.00. The new shares are to be admitted for trading on the stock exchange without a prospectus and included in the existing listing on the regulated market of the Munich Stock Exchange and on the regulated market (General Standard) of the Frankfurt Stock Exchange. The transaction was overseen by youmex Invest AG, Frankfurt, as lead manager and bookrunner. Baader Bank AG, Unterschleissheim, carried out the technical side of the securities transaction, whereby the majority shareholder Greiffenberger Holding GmbH temporarily transferred the necessary shares to the Baader Bank AG by means of a temporary securities loan. After completion of the transaction Greiffenberger Holding GmbH will continue to hold 2,699,020 shares, which then will be around 50.70 % of the equity capital.

Stefan Greiffenberger, CEO of Greiffenberger AG comments: "This capital increase for cash strengthens our financial resources for the company growth we are planning, with the focus on expanding the market position of the existing three business units - Drive Technology, Metal Band Saw Blades & Precision Strip Steel and Pipeline Renovation Technology." In 2013 and 2014 the Group makes targeted investments in new markets, its own value-added and improving the manufacturing processes. Over the past few years it has also managed to steadily grow the revenues generated by products and solutions in the key future fields of environmental technology and energy efficiency. These were already contributing 31 % to Group turnover in 2013, and the Group will be continuing to pursue this strategy.

For 2014 and 2015 the Greiffenberger Group is planning a significant growth in turnover as well as a disproportionately high increase in results through improved operating margins. In addition, the tax ratio should be much lower than in 2013.

Disclaimer:

This document does not constitute an offer to sell or the solicitation of an offer to buy or subscribe to securities in Greiffenberger AG. No public offering of securities in Greiffenberger AG is being made, nor is there any intention to do so.

This document and the information contained therein may not be published in the United States of America, Canada, Australia, Japan or other jurisdictions in which such an offer or such a solicitation is prohibited. This document does not constitute an offer to sell securities in the USA. Securities may only be sold or offered for sale for the account of or to the benefit of US nationals (as defined in Regulation S of the U.S. Securities Act of 1933 in the currently applicable version thereof (the "Securities Act")) after prior registration in accordance with the regulations of the Securities Act or on the basis of an exemption from the registration requirement. Neither Greiffenberger AG nor any other person intends to register securities in Greiffenberger AG in the USA or to make a public offer of securities in Greiffenberger AG in the USA.

On the Greiffenberger AG:

Registered in Marktredwitz, Greiffenberger AG is a family-led industrial holding with 1,051 employees. With an export ratio of 61 % it operates successfully worldwide in technologically demanding niche areas of three growth markets:

• Drive Technology: efficient drive technology for companies that develop market-leading solutions, particularly industrial applications, e-mobility and renewable energies.
• Metal Band Saw Blades & Precision Strip Steel: the finest quality for demanding industrial applications
• Pipeline Renovation Technology: state-of-the-art trenchless technology and pipe surface protection technology

The company's strategic focus is on continuing to develop sector expertise and advancing environmental technology in areas that include pipeline renovation technology, biomass heating and wind power. Organic growth will be generated by increasingly internationalizing sales and procurement, and complemented optionally by acquisitions of companies. The company has been listed since 1986 (WKN 5897300, ISIN DE0005897300, ticker symbol GRF).

Contact information:

Stefan Greiffenberger		Thorsten Braun
CEO of Greiffenberger AG		Assistant to the CEO
Eberlestraße 28
86157 Augsburg
Tel.: [phone]
Fax: [phone]
[e-mail]		[e-mail]