EANS-News: BAUER Aktiengesellschaft / BAUER Group sells TBA 300 deep drilling rig

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Schrobenhausen (euro adhoc) - The BAUER Group is pleased to report
the sale of its firstdeep drilling rig type TBA 300. The rig
developed and manufactured by Group company BAUER Maschinen GmbH has
been bought by a Venezuelan oil-drilling company.

The Bauer TBA 300 is an electro-hydraulic drilling rig with a 300
tonne hook load capacity. It is designed for oil, gas and water
exploration, as well as for deep geothermal energy extraction. "In
developing the deep drilling rigs, we have applied our know-how in
the manufacture of drilling rigs for specialist foundation
engineering to the deep drilling sector," explains Professor Thomas
Bauer, Chairman of the Management Board of BAUER AG. "The shortage of
natural resources is one of the most urgent problems the world will
face in the near future. Our deep drilling rigs will help meet that
challenge, and at the same time they represent a new field of
business for us."

This latest-generation deep drilling rig TBA 300, with its modular
design and hydraulic components, features a kinematic control system
which permits rapid erection and dismantling. The system also enables
fast transfer of the large rig from one drilling point to the next.

Since its completion, the prototype of the TBA 300 has been subjected
to extensive testing and has been modified specific to customer
needs. The rig will be shipped in June so that it can be handed over
to the customer in September and begin exploring for oil in the
Orinoco region.

About Bauer

Bauer is a provider of services, machinery and ancillary products in
the earth- working and groundwater fields. The Group markets its
products and services all over the world. Its global spread allows it
to remain largely unaffected by fluctuating business cycles.

The operations of the Group are divided into three segments:
Construction, Equipment and Resources. The Construction segment
carries out specialist foundation engineering work all over the
world, developing foundation and excavation projects as well as
providing related construction services. In its Equipment segment, in
which it is the world market leader, Bauer offers an extensive range
of machinery, equipment and tools for specialist foundation
engineering and related fields. The Resources segment encompasses the
Group's operations in the exploitation of raw materials, in
environmental technology, in geothermal drilling operations and also
in equipment for wells (including pumps and drills, screens and
casings).

Bauer profits greatly from the collaboration between its three
separate segments, enabling the Group to position itself as an
innovative, highly specialized provider of complete solutions and
services for demanding projects on the specialist foundation
engineering and related markets.

Founded in 1790, Bauer today generates around three quarters of its
total revenues outside of Germany. Employing some 9,100 people, the
Group's total revenues in 2010 were EUR 1.30 billion (previous year:
EUR 1.28 billion). BAUER Aktiengesellschaft has been listed on the
official market of the Frankfurt Stock Exchange since July 4, 2006
(Prime Standard, ISIN DE0005168108).

end of announcement euro adhoc
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company: BAUER Aktiengesellschaft
BAUER-Straße 1
D-86529 Schrobenhausen
phone: +49 (0)8252-97-1918
FAX: +49 (0)8252-97-2900
mail: investor.relations@bauer.de
WWW: http://www.bauer.de
sector: Construction & Property
ISIN: DE0005168108
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English

ots Originaltext: BAUER Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Bettina Erhart / Christopher Wolf
Investor Relations
Telefon: +49(0)8252 97 1918
E-Mail: investor.relations@bauer.de

Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade