EANS-Adhoc: POLYTEC HOLDING AG ("POLYTEC") signed an agreement with Toyota Boshoku Europe N.V. ("Toyota Boshoku") to sell its Interior segment

--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------

Spin-offs

09.06.2011

The Executive Board of POLYTEC decided to sell the Interior segment
regardless of the existing technological expertise in this area. The
key motivation for this strategic decision is the unpromising
perspective to reach a global footprint in a market that features
high competitive pressure through a selective group of competitors
with a global presence. After diligent examination of all viable
alternatives POLYTEC´s Executive Board regards Toyota Boshoku as the
most expedient buyer taking into account the various interests of
shareholders, clients and employees.

At the same time POLYTEC is fully committed to expand its core
business (i.e. the Exterior business, injection moulded products and
engine components as well as motor compartment components and
assemblies). Potential acquisition targets with a high strategic fit
to POLYTEC´s core business are reviewed on an ongoing basis.

POLYTEC´s interior segment generated revenues of approximately 340
million EUR in 2010 with around 2,000 employees. The interior segment
comprises 8 sites, of which 6 are located in Germany, one in South
Africa and one in Poland. Main products include door panels, roof
liners as well as pillar trim panels. The POLYTEC facility in
Zaragoza, Spain, will not be sold.

The closing of the deal is contemplated for the end of June 2011. The
transaction will have a positive one-off effect on POLYTEC´s group
results within the single digit million EUR region and the equity
ratio will amount to around 40 % and instead of net financial debt
(37.8 million EUR as of March 31st 2011) POLYTEC will record a net
financial cash position. The detailed impacts on the earnings and
financial position of POLYTEC following the sale of its Interior
segment will be reported as part of the group´s ordinary half year
reporting on August 3rd 2011.

The disposal of the interior segment strengthens POLYTEC´s position
in its core business and will lead to an increase in the group´s
average operating margin. Furthermore management will gain essential
flexibility to develop and expand the group according to POLYTEC´s
long term strategy. About Toyota Boshoku group

Toyota Boshoku group, one of the world's premium interior systems
suppliers and filter manufacturers, develops and produces interior
components, filtration and power train components at its 87 operation
sites all over the world. During the fiscal period ending in March of
2011, Toyota Boshoku had sales of 8,696 million Euro (consolidated),
and operating income of 325 million Euro, positioning it as the third
largest interior manufacturer in the world, and the largest in Japan
(according to internal research).

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Polytec Holding AG
Linzer Straße 50
A-4063 Hörsching
phone: +43 (0) 7221 / 701-0
FAX: +43 (0) 7221 / 701-0
mail: investor.relations@polytec-group.com
WWW: www.polytec-group.com
sector: Industrial Components
ISIN: AT0000A00XX9
indexes: ATX Prime
stockmarkets: official market: Wien
language: English

ots Originaltext: Polytec Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Manuel TAVERNE
POLYTEC GROUP
Investor Relations
Tel.+43(0)7221/701-292
manuel.taverne@polytec-group.com

Branche: Industrial Components
ISIN: AT0000A00XX9
WKN: A0CA1R
Index: ATX Prime
Börsen: Wien / official market