euro adhoc: C.A.T. oil AG / Financing, Stock Offerings (IPO) / Greenshoe option fully exercised

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

08.05.2006

On behalf of the syndicate banks Dresdner Kleinwort Wasserstein has
today fully exercised the option granted in the context of the IPO of
C.A.T. oil AG to acquire an additional 15 percent of the original
placement volume, that is up to 2,550,000 shares, at the offer price
of EUR 15.00 per share (so-called Greenshoe option). Dresdner
Kleinwort Wasserstein, which last Wednesday had allocated an
additional 2,550,000 shares to investors on the basis of this option,
will now purchase 1,700,000 shares from the Selling Shareholder CAT.
Holding (Cyprus) Ltd. and another 850,000 shares from a capital
increase which is to be registered by the company.

At the offer price of EUR 15.00, C.A.T. oil AG is realizing
additional gross proceeds of EUR 12.75 mill. for the company through
this capital increase.

Further information is available on the website of the Company:
www.catoilag.com

Disclaimer: This document does not constitute an offer to sell or the
solicitation of an offer to purchase the shares of C.A.T.oil AG. The
shares offered in connection with the initial public offering have
already been placed. Free copies of the prospectus, which has been
approved by the Austrian Financial Market Authority (FMA) on April
19, 2006 and notified with the German Financial Supervisory Authority
(BaFin), and the Supplement No. 1, approved by FMA and notified to
BaFin on April 28, 2006, are available to investors on the company’s
website www.catoilag.com. Printed copies are available free of charge
i.e. from C.A.T. oil AG. This document is not an offer of securities
for sale in the United States of America. Securities may not be
offered or sold in the United States of America absent registration
or an exemption from registration under the U.S. Securities Act of
1933, as amended. There has been no public offering of securities in
the United States of America. The information contained in this
document is not for publication or distribution, directly or
indirectly, in or into the United States of America. The information
contained in this document is nit for publication or distribution in
the Russian Federation, Canada, Australia or Japan. The document is
directed only at persons outside the U.K. (the "relevant persons").
Each solicitation on an offer, each offer and agreement to subscribe
for, to purchase or to otherwise acquire the securities is directed
only at relevant persons or certain other persons. Persons who are
not relevant persons should not act on the basis of or rely on the
information contained therein.

end of announcement euro adhoc 08.05.2006 21:36:40
--------------------------------------------------------------------------------

ots Originaltext: C.A.T. oil AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Dr. Lutz Golsch
A&B Financial Dynamics
phone +49 (0)69 92037-0
ir@catoilag.com

Branche: Oil & Gas - Upstream activities
ISIN: AT0000A00Y78
WKN: A0IKWU
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing