DGAP-Adhoc: Krones AG: Krones places treasury shares corresponding to 4.51% of capital stock

Krones AG / Key word(s): Transaction in Own Shares

24.04.2013 18:36

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc press release

Krones places treasury shares corresponding
to 4.51% of capital stock

Neutraubling, 24 April 2013 / The Management Board of the MDAX listed
Krones AG (ISIN DE0006335003) today resolved to sell the currently held
1,425,421 treasury shares (corresponding to 4.51% of the Company's capital
stock) on the basis of the authorisation granted by the Annual General
Meeting on 16 June 2010. The sale will be carried out through an
'Accelerated Bookbuilding' process, in which the shares are offered in a
private placement to institutional investors.

The placement commences today, 24 April 2013, and is expected to be
completed tomorrow,
25 April 2013. Krones AG will presumably determine the offer price
tomorrow, 25 April 2013, based on the bookbuilding process.

In a buyback programme in 2009, Krones AG repurchased a total of 1,425,421
shares, corresponding to 4.51% of the capital stock.

Through the placement, the free float of Krones AG will increase to 47.0%.

The proceeds from the transaction will be used to further increase
financial flexibility of Krones AG with regards to the cash outflow related
to the Le-Nature settlement, to further enhance the capital structure and
for general corporate purposes.

Commerzbank AG is acting as Sole Global Co-ordinator and together with
UniCredit Bank AG as Joint Bookrunner in the transaction.

Not for distribution in the United States, Canada, Australia or Japan

This publication is not for publication or distribution, directly or
indirectly, in or into the United States. This publication does not
constitute or form part of an offer of securities for sale or solicitation
of an offer to purchase securities of KRONES Aktiengesellschaft in Germany,
the United States, Canada, Australia, Japan or in any other jurisdiction
where such offer may be restricted. The securities referred to in this
publication have not been, and will not be, registered under the US
Securities Act of 1933, as amended (the 'Securities Act'), and may not be
offered or sold in the United States or to or for the account or benefit of
US persons (as such term is defined in Regulation S under the Securities
Act), except on the basis of an applicable exemption from registration or
in a transaction not subject to the registration requirements of the
Securities Act.

In the United Kingdom, this communication is directed only at persons who:
(i) are qualified investors within the meaning of the Financial Services
and Markets Act 2000 (as amended) and any relevant implementing measures
and/or (ii) have professional experience in matters relating to investments
who fall within the definition of 'investment professionals' contained in
article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (as amended) (the 'Order'), or are persons falling
within article 49(2)(a) to (d) (high net worth companies, unincorporated
associations, etc.) of the Order, or fall within another exemption to the
Order (all such persons referred to in (i) to (ii) above together being
referred to as 'Relevant Persons'). Any person who is not a Relevant
Person must not act or rely on this communication or any of its contents.
Any investment or investment activity to which this communication relates
is available only to Relevant Persons and will be engaged in only with
Relevant Persons.

In member states of the European Economic Area ('EEA') which have
implemented the Prospectus Directive (each, a 'Relevant Member State'),
this announcement and any offer if made subsequently is directed
exclusively at persons who are 'qualified investors' within the meaning of
the Prospectus Directive ('Qualified Investors'). For these purposes, the
expression 'Prospectus Directive' means Directive 2003/71/EC (and
amendments thereto, including the 2010 PD Amending Directive, to the extent
implemented in a Relevant Member State), and includes any relevant
implementing measure in the Relevant Member State and the expression '2010
PD Amending Directive' means Directive 2010/73/EU.

No action has been taken that would permit an offering of the securities or
possession or distribution of this announcement in any jurisdiction where
action for that purpose is required. Persons into whose possession this
announcement comes are required to inform themselves about and to observe
any such restrictions.

Your contact person:
Olaf Scholz
Head of Investor Relations Krones AG
Tel.: +49 9401 70-1169
Email: olaf.scholz@krones.com

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Language: English
Company: Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Germany
Phone: +49 (0)9401 701169
Fax: +49 (0)9401 709 1 1169
E-mail: investor-relations@krones.com
Internet: www.krones.com
ISIN: DE0006335003
WKN: 633500
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart

End of Announcement DGAP News-Service

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