euro adhoc: GESCO AG / Restructuring & Recapitalisations / GESCO AG investigates a cash capital increase without subscription right Ad hoc notification in accordance with Section 15 WpHG (Securities T

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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15.03.2007

Wuppertal, 15 March 2007 - The Prime Standard listed holding company
GESCO AG (DE0005875900) is investigating the option of issuing up to
274,000 new shares from a capital increase against cash deposits. The
company also intends to increase the share capital by up to 10 %
using the authorised capital. The issue price for the shares
numbering up to 274,000 will be calculated on the basis of an
accelerated book-building. The issue of the new shares is aimed at
German and international institutional investors. The proceeds of the
capital increase are intended to finance the acquisition of further
medium-sized industrials, as per the GESCO business model. Should the
issue go ahead, the number of shares placed, the issue price and the
proceeds will be published in a separate ad hoc notification.

Important information: The information contained in this notification
is not for publication or transmission in Canada, Australia or Japan
and does not constitute an offer of the purchase of securities in
these countries. The issuing of shares and the distribution of this
notification and other information connected with the issuing in
certain legal systems may be subject to statutory restrictions and
anyone finding themselves in possession of documentation cited in
this notification or other information should be informed of and
observe all such restrictions. Non-observance of these restrictions
may constitute a violation of the Securities Trading Act of the legal
system concerned. This notification does not constitute an offer of
the purchase of securities in the United States of America. In the
United Kingdom, this notification will only be distributed to (i)
professional investors categorised as such under Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005, and (ii) companies and persons of high net worth categorised as
such under Article 49(2)(a) to (d) of the Order (such persons are
categorised as "qualified persons"). All securities referred to
herein are only available to qualified persons and order, offer or
agreement regarding the procurement, purchase or other method of
acquisition of such securities shall only be entered into with
qualified persons. Persons not categorised as qualified persons
should never act in respect of or trust in this notification or its
content. This notification does not constitute an offer of the
purchase of securities in Germany and is not classified as a sales
prospectus under the Securities Prospectus Act, the European
Commission directive No. 809/2004 of 29 April 2004 or any other
applicable legal provision governing the issue, offer and sale of
securities in Germany. The information contained in this notification
is not for transmission in the United States of America or within the
United States of America.

end of announcement euro adhoc 15.03.2007 19:50:55
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ots Originaltext: GESCO AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Oliver Vollbrecht
Leiter Investor Relations
T.: +49(0)202 24820 18
info@gesco.de

Branche: Economy, Business & Finance
ISIN: DE0005875900
WKN: 587590
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade