Standard & Poor’s raises the rating of BAUER AG

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ots-CorporateNews transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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Schrobenhausen, 02 August 2006 - The international rating agency
Standard & Poor’s raised the "BB-/Watch Positive" rating for the
construction and engineering corporation BAUER AG, assigned since May
2006, to "BB" with positive outlook last week. "We are happy that the
good business development and our successful IPO are now also
reflected in our rating", said the chairman Prof. Thomas Bauer.
Standard & Poor’s states that the key reasons for raising the rating
are the company’s positive business development and successful
listing, together with the continuing debt reduction. The rating
agency also emphasises the conservative strategy and Bauer's
international leading market position as a manufacturer of machinery
for specialist foundation engineering and its strong market position
in specialist foundation engineering. Standard & Poor’s also notes
Bauer's good geographic diversification.

About Bauer Bauer is a global provider of construction services in
specialist foundation engineering and associated segments and an
international leading provider of machinery, equipment and tools for
specialist foundation engineering and related services. The
activities of the corporation are classified as belonging to both the
construction and engineering industry segments. The construction
segment includes specialist foundation engineering services and
activities in environmental technology, building restoration, bridge
construction and project development. In the engineering segment
Bauer offers a comprehensive range of machinery, equipment and tools
for specialist foundation engineering. The corporation has a global
presence with its services and products through distribution
companies and networks. The BAUER group benefits from the synergy
between its two business segments. It enables Bauer to offer
innovative and highly specialised complete solutions for demanding
specialist foundation construction work. These include all necessary
services and specialist machinery. Founded over 200 years ago, the
BAUER corporation today achieves two-thirds of its total turnover
abroad. In 2005 the group with over 5,000 employees achieved a total
corporate result of 824 million Euro (compared to 664 million Euro in
the previous year).

Information and explanations of the issuer regarding this ad-hoc
announcement:

This publication constitutes neither an offer nor an invitation to
buy or subscribe to securities. The securities offered for sale as
part of the initial listing on the stock exchange have already been
issued. No offer of sale of BAUER AG securities is being or has been
made outside Germany. The public offer in Germany is being made
solely by means, and on the basis of, the German language securities
prospectus as approved by the German Federal Financial Supervisory
Authority (BaFin) on June 16, 2006 (the "Wertpapierprospekt") and the
Supplement No. 1 thereto approved by the BaFin on 27 June 2006.
Printed copies of the prospectus (Wertpapierprospekt) are available
gratis from 16 June 2006 on the corporate website
(http://www.bauer.de), and from 19 June 2006 in printed form from the
company offices as well as from the consortium of banks involved in
the emission. The Supplement No. 1 approved by the BaFin is also
available from 27 June 2006 from the same locations.

The information contained in this document is neither meant to be
published nor distributed in the United States of America, Canada,
Australia or Japan. This document does not constitute an offer of
securities for sale in these countries or to U.S. citizens in the
meaning of Regulation S of the U.S. Securities Act of 1933, as
amended.

end of announcement euro adhoc 02.08.2006 08:20:52
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ots Originaltext: Bauer AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Bettina Mestenhauser
Head of Corporate Communication & Investor Relations
BAUER Aktiengesellschaft
Wittelsbacherstraße 5
86529 Schrobenhausen
Tel.: +49 8252 97 1918
Fax: +49 8252 97 2900
Mobile.: +49 171 755 9210
Email: Bettina.Mestenhauser@bauer.de

Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing