EANS-News: STRABAG SE / STRABAG SE share buy-back

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Buybacks

Wien (euro adhoc) - The 7th Annual General Meeting of STRABAG SE (the
"Company") held on 10 June 2011 authorised the management board of
the Company to buy back own shares in accordance with Section 65
Paragraph 1 No. 8 of the Austrian Stock Corporation Act (AktG) to the
extent of up to 10 % of the share capital of the Company during a
period of 13 months from the day of the resolution, i.e. until 10
July 2012. In accordance with the authorisation granted by the Annual
General Meeting of the Company, the share acquisition can occur on
the stock market or over the counter, with approval of the
supervisory board required for over-the-counter purchases.

The management board with the consent of the supervisory board has
resolved to make use of this authorisation as follows. The decision
has been disclosed in accordance with Section 48d Paragraph 1 of the
Austrian Stock Exchange Act on 10 June 2011.

Now, the share acquisition shall start on 14 July 2011.

According to Section 5 Paragraph 1 Austrian Publication Ordinance the
Company therefore announces the following:

Conditions of the share buy-back Start and anticipated duration: from
16 June 2011 through 10 July 2012 Share class: Common shares (ISIN
AT000000STR1) Volume: up to 10 % of the share capital of the Company,
i.e. up to a maximum of 11,400,000 shares Purchase price: from EUR
1.00 (including this amount) to EUR 27.115 (including this amount)
Purchase method: on the stock market and possibly over the counter
(OTC) Purpose: to any purpose allowed by Section 65 Paragraph 1 No. 8
of the Austrian Stock Corporation Act (AktG), especially for the
purpose of using own shares as cash for growth Day of resolution: 10
June 2011 Day and type of publication of resolution: the publication
has occured on 10 June 2011 in accordance with Section 82 Para. 8 of
the Austrian Stock Exchange Act (BörseG)

The public announcements according to Sections 6 and 7 of the
Austrian Publication Ordinance will be made on the Company´s website
www.strabag.com.

Further inquiry note:
STRABAG SE
Diana Klein, CFA
Head of Investor Relations
Tel: +43-1-22422-1116
diana.klein@strabag.com

end of announcement euro adhoc
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company: STRABAG SE
Donau-City-Straße 9
A-1220 Wien
phone: +43 1 22422 -0
FAX: +43 1 22422 - 1177
mail: www.strabag.com
WWW: investor.relations@strabag.com
sector: Construction & Property
ISIN: AT000000STR1, AT0000A05HY9
indexes: WBI, ATX Prime, ATX, SATX
stockmarkets: official market: Wien
language: English