Annual General Meeting of BAUER AG: shareholders support Management Board's strategy by a large majority

• Dividend payment doubled: EUR 17.1 million, representing almost one
quarter of consolidated profit, to be distributed among shareholders

• Professor Thomas Bauer confirms forecast for growth and profit
•
Standard & Poor's upgrades outlook for existing BB+ rating

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companies/Annual General Meeting

Schrobenhausen (euro adhoc) - Schrobenhausen, June 26, 2008 - The
shareholders of the SDAX-listed global construction and equipment
manufacturing group BAUER Aktiengesellschaft supported the strategy
of the Management Board by a large majority and voted almost 100
percent in favour of all the resolutions proposed at today's Annual
General Meeting, with 73.20 percent of the share capital represented.
In response to the most successful financial year in its history, the
company has doubled the dividend and is paying out EUR 1.00 per share
for the past financial year. This means that almost one quarter of
consolidated profit is to be distributed among the shareholders. The
Annual General Meeting in addition ratified potential capital
measures and extended the authorization to increase the share capital
by up to EUR 2 million until 2013. In his presentation Professor
Thomas Bauer, Chairman of the Management Board of BAUER
Aktiengesellschaft, voiced his optimism about the future of the Group
and confirmed the outlook for the current year: "Business is making
very healthy progress. We are excellently positioned with our three
segments Construction, Equipment and Resources, and have a broad
international base. We are confident of achieving total Group
revenues in excess of EUR 1.4 billion (previous year: EUR 1.2
billion) in 2008, with profit after tax topping EUR 90 million
(previous year: EUR 74.4 million)." He also stressed the positive
response which he received from institutional investors at a roadshow
in the first half of June; the international rating agency Standard &
Poor's has moreover confirmed the "BB+" rating that has applied since
June 2007, upgrading its outlook from "stable" to "positive". In
place of the retiring Freiherr Wilken von Hodenberg, the Annual
General Meeting elected Professor Dr.-Ing. E.h. Manfred Nußbaumer,
Vice-President responsible for technical affairs on the Presidium of
the German Construction Industry Confederation, to the Supervisory
Board. The actions of the Management Board and Supervisory Board were
ratified by 99.90 percent of the voting share capital respectively.
PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft, Stuttgart,
were again elected as auditors for the 2008 financial year. The
Ordinary Annual General Meeting was attended by around 600
shareholders and shareholders' representatives at the company's home
base in Schrobenhausen. The results of the vote and the presentation
by the Chairman of the Management Board can be found in the Investor
Relations section of the website www.bauer.de.

About Bauer Bauer is an international provider of services, machinery
and ancillary products in the earth-working and groundwater fields.
The Group markets its products and services all over the world. Its
global spread allows it to remain largely unaffected by fluctuating
business cycles. The operations of the Group are divided into three
segments: Construction, Equipment and Resources. The Construction
segment carries out specialist foundation engineering work all over
the world, developing foundation and excavation projects as well as
providing related construction services. In its Equipment segment, in
which it is a world market leader, Bauer offers an extensive range of
machinery, equipment and tools for specialist foundation engineering.
The Resources segment encompasses the Group's operations in the
exploitation of raw materials, in environmental technology, in
geothermal drilling operations and also in equipment for wells
(including pumps and drills, screens and casings). Bauer profits
greatly from the collaboration between its three separate segments,
enabling the Group to position itself as an innovative, highly
specialized provider of complete solutions and services for demanding
projects on the specialist foundation engineering and related
markets. Founded in 1790, Bauer today generates more than two thirds
of its total revenues outside of Germany. Employing nearly 7,000
people, the Group's total revenues in 2007 were EUR 1.2 billion
(previous year: EUR 980 million). BAUER Aktiengesellschaft has been
listed on the official market of the Frankfurt Stock Exchange since
July 4, 2006 (Prime Standard, ISIN DE0005168108).

end of announcement euro adhoc
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ots Originaltext: Bauer AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Bettina Mestenhauser

Head of Corporate Communication & Investor Relations

BAUER Aktiengesellschaft

Wittelsbacherstrasse 5

86529 Schrobenhausen, Germany

Tel: +49 8252 97 1918

e-mail: investor.relations@bauer.de

Internet: http://www.bauer.de

Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Index: SDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade