Increase in issued share capital out of capitalised reserves

• Share capital quadrupled by conversion of restricted reserves and 3
for 1 bonus issue
• Share price as at 29 October adjusted to
quarter of market price

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shares

Wien (euro adhoc) - Vienna, 27 October 2008 - The increase in
authorised and issued share capital out of capital reserves approved
in the Annual General Meeting of A-TEC Industries AG (ISIN
AT00000ATEC) on 27 June 2008 will be recognised at the start of
trading on the Vienna Stock Exchange on 29 October 2008. The issue
of new, bonus shares to the value of EUR 19,800,000.- quadruples the
issued share capital, from EUR 6,600,000.- to EUR 26,400,000.-. At
the same time, on 29 October 2008 at the start of trading on the
Vienna Stock Exchange, the price of A-TEC Industries shares will be
adjusted to a quarter of the quoted price on the previous day.

All the necessary changes in the Company´s articles of incorporation
were registered in the Commercial Register of the Commercial Court of
Vienna on 2 October 2008. On 23 October the Vienna Stock Exchange
approved the application by A-TEC Industries for admission of the new
shares (bonus shares) to listing on the Official Market of the Vienna
Stock Exchange in the Prime Market segment.

The new shares will be listed on the Vienna Stock Exchange on 29
October 2008 and the listed price adjusted at the start of trading to
a quarter of the closing price on the previous day. For each share
they hold, shareholders will receive three bonus shares, making four
no par value shares in A-TEC Industries AG. Shareholders whose shares
are held in custodial accounts at banks will automatically and
without further action on their part receive scrip certificates for
three additional shares for each share they currently hold. The
allotment of new shares is free of cost. New shares rank pari passu
with old shares and are entitled to dividends with effect from 1
January 2008.

Following the increase in capital out of capital reserves and the
issue of new shares, the conversion price of the 2.75% convertible
loan 2007-2014 (ISIN AT0000A05CS2) is adjusted from EUR 225.00 per
share to EUR 56.25 per share. In accordance with the terms and
conditions of the issue, each convertible note with entitlement to
conversion at EUR 225.00 then entitles to conversion into four new no
par value shares in A-TEC Industries AG. The adjustment takes effect
on 29 October 2008.

The changes in the terms and conditions of the convertible loan
2007-2014 and the information published pursuant to section 75(1)(5)
Austrian Stock Exchange Act (BörseG) and section (3)(1)(6) Capital
Markets Act (KMG) are available free of charge at the registered
office of A-TEC Industries Aktiengesellschaft, Wächtergasse 1, A-1010
Vienna, and from the offices of the payment and conversion agent,
Erste Group Bank AG, Graben 21, A-1010 Vienna (banking hall,
information desk), and may be downloaded via internet at
www.a-tecindustries.com.

About A-TEC Industries Vienna listed and headquartered A-TEC
Industries AG is an international industrial group with thriving
drive technology, plant construction, machine tools and metal
industry divisions. The group currently employs around 13,500 people,
and in 2007 posted revenues of EUR 2.4 billion. For further
information visit www.a-tecindustries.com.

end of announcement euro adhoc
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ots Originaltext: A-TEC Industries AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Press Office A-TEC Industries AG

Claudia Müller-Stralz

PLEON PUBLICO, Neulinggasse 37, A-1030 Vienna, Austria

Tel: +43 (1) 71786 107, fax: +43 (1) 71786 60

claudia.mueller@pleon-publico.at

Branche: Holding companies
ISIN: AT00000ATEC9
WKN:
Index: ATX Prime
Börsen: Wiener Börse AG / Regulated free trade