EANS-News: BAUER Aktiengesellschaft / Professor Thomas Bauer comments on the company's current situation at the Annual General Meeting

. Proposed dividend EUR 1.00 per share
. Share buy-back scheme and
restructuring of Supervisory Board remuneration on the agenda
.
Professor Thomas Bauer calls current forecasts "increasingly
ambitious" and announces new forecasts to accompany the half-year
interim report

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Schrobenhausen, June 25, 2009 - (euro adhoc) - At today's Annual
General Meeting of BAUER AG, Chairman of the Management Board Thomas
Bauer tells shareholders that 2008 has been a record year for the
company: "In a very bad year for the global economy as a whole, the
BAUER Group has succeeded in maintaining its extraordinary growth of
recent years." At the same time, his speech warns shareholders of
more difficult times to come: "We now have to come to terms with the
fact that our business is going to suffer from the effects of the
crisis as others are doing. In the Equipment segment especially, the
financial crisis is hitting us much harder than expected."

Whereas the company withstood the first quarter virtually unaffected
by the crisis, cuts in capital investment by customers in the
machinery business in the second quarter were more dramatic than
expected. "Our forecasts are proving to be increasingly ambitious,
and based on current estimates we will not quite achieve them, either
in terms of revenues or earnings," Bauer reports. He announces that
new, revised forecasts will be issued along with the upcoming
half-year interim report, scheduled for publication on August 14,
2009. The company had previously forecast total Group revenues of
around EUR 1.4 billion for 2009, with profit after tax back to around
the 2007 level of EUR 74 million.

The Chairman reports that, in order to cut costs, the BAUER Group has
released most of its temporary staff in Germany, and is also planning
to introduce short- time working in its machinery manufacturing
operations in the short to medium term. With regard to the company's
core workforce, Professor Bauer makes a clear commitment: "As a
long-standing family business, we have been through many critical
periods together in the past. There are no plans at present for any
redundancies."

The BAUER Group has this year for the first time detailed how it
fulfils its responsibilities in respect of all interested parties in
a Corporate Social Responsibility Report. Thomas Bauer stresses the
BAUER Group's commitment to being an integral member of the community
and good employer in all the locations and regions in which it
operates.

Looking to the Group's long-term future, Professor Bauer is
optimistic: "Our strategic direction is right. We are excellently
positioned with our three segments Construction, Equipment and
Resources, and we have a broad international base. That is a
stabilizing factor in the current situation, and as soon as the
economy picks up again we will profit from our strong competitive
position."

Dividend policy adapted to market conditions

The Management Board and Supervisory Board propose to the
shareholders that the dividend remain unchanged from last year, at
EUR 1.00 per share. This will entail a total payout of EUR 17.1
million. Professor Bauer comments: "By employing this sustainable
dividend policy we are treating our shareholders reasonably and
fairly. At the same time, we are maintaining the liquidity of the
business and creating a sound foundation for healthy ongoing growth."

Share buy-back scheme; Professor Bauer raises the prospect of minor
acquisitions

Shareholders will also be asked to vote today on a share buy-back
scheme. By acquiring its own shares, the company will provide itself
with the necessary flexibility to respond to changing conditions in
the difficult current economic climate. Thomas Bauer raises the
prospect that the company may make some minor acquisitions in order
to position itself more strongly in niche markets.

Supervisory Board remuneration: measured adjustment

The agenda also includes a resolution regarding adjustment of the
historically very low levels of remuneration paid to the Supervisory
Board members. Last September the company was listed on the MDAX
share index. With a view to ensuring that members of the Supervisory
Board are treated correctly, the resolution seeks to adjust their
remuneration to benchmark levels in a measured way.

Factory tour at company headquarters

Following the Annual General Meeting held at the headquarters of
BAUER AG in Schrobenhausen, the shareholders are invited to undertake
a tour of the factory facilities. As part of the most extensive
programme of capital investment in its history, the company has in
the last two years spent more than EUR 65 million on improvements to
its Bavarian home base.

The results of the vote and the presentation by the Chairman of the
Management Board will be published immediately after the Annual
General Meeting in the Investor Relations section of the company's
website at www.bauer.de.

About Bauer

Bauer is a 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 the 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 some 8,600 people, the
Group's total revenues in 2008 were EUR 1.53 billion (previous year:
EUR 1.2 billion). 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 Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Bettina Mestenhauser

Head of Investor Relations

Telefon: +49(0)8252 97 1918

E-Mail: investor.relations@bauer.de

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