EANS-News: BAUER Aktiengesellschaft / Widespread backing from shareholders at AGM of BAUER AG

• Professor Thomas Bauer reaffirms full-year forecast and looks to
the future with confidence
• All agenda items passed by a large
majority
• Dividend payment of EUR 0.60 per share

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Annual & Special Corporate Meetings

Subtitle: • Professor Thomas Bauer reaffirms full-year forecast and
looks to the future with confidence • All agenda items passed by a
large majority • Dividend payment of EUR 0.60 per share

Schrobenhausen (euro adhoc) - At today's Annual General Meeting of
BAUER AG, Chairman of the Management Board Professor Thomas Bauer was
in confident mood. The company reaffirmed its full-year forecast, and
received backing for its strategy from shareholders.

"We have been seeing stable order receipts for a number of months
now, and we are able to assess trends in our business with much
greater certainty than we were six or nine months ago," the Chairman
asserted in reaffirming the company's full-year forecast. In line
with that confidence, the BAUER Group forecasts total Group revenues
around the previous year's level and after-tax profit of EUR 40
million. "If the economy keeps on track as it has done over the last
two to three months, it seems likely that we will have come through
the worst of the downturn," Bauer stated. "Our business is
recovering, and in the Middle East and the USA we are even performing
rather better than expected." By contrast, the economic situation in
Greece and other Central European countries remains a cause for
concern.

Professor Bauer believes the Group's long-term strategic approach has
proved effective: "Our strategic direction is right. Our three
segments - Construction, Equipment and Resources - provide us with a
broad international base and place us in an excellent position to
meet the challenges of the future."

Investment in the future: New training workshop for apprentices in
Schrobenhausen

As an example of the company's investment in the future, and a clear
statement of faith in its home base location, Bauer highlighted the
conversion of the Schrobenhausen anchor production hall, built in
1989, into a new training workshop. For the technical apprentices
among the overall total of 140 apprentices, this will provide ideal
conditions for learning a wide range of technical disciplines and
trades. In addition to the training workshop, the building also
houses a carpentry shop and a small office and communal section. "We
are very keen on providing young people with a sound foundation for
their career development," Professor Bauer states. "They are, after
all, key to the future of our business. Many of the present-day
management staff started out on our apprenticeship schemes and worked
their way steadily through the ranks."

Shareholders back corporate strategy

The widespread backing of shareholders for the strategy adopted by
the Group was reflected in the speeches made and in the voting. All
agenda items were passed by a large majority. 98.4 percent of the
voting capital voted in favour of ratifying the actions of the
Management Board and 98.5 percent voted to ratify the actions of the
Supervisory Board. 84.9 percent of the votes cast at the AGM approved
the system of remuneration for members of the Management Board. BAUER
AG is paying a dividend of EUR 0.60 per share for the past financial
year. That represents a distribution of some EUR 10.3 million to the
company's shareholders. Shareholders also authorized the Management
Board to acquire treasury stock through to the year 2015.

The AGM was attended by some 500 shareholders and shareholders'
representatives at the company's home base in Schrobenhausen.

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 8,900 people, the
Group's total revenues in 2009 were EUR 1.28 billion (previous year:
EUR 1.53 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 Erhart / Christopher Wolf

Investor Relations

Telefon: +49(0)8252 97 1918

E-Mail: investor.relations@bauer.de

Branche: Construction & Property
ISIN: DE0005168108
WKN: 516810
Index: MDAX, 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