EANS-News: BAUER Aktiengesellschaft / Professor Thomas Bauer reaffirms forecast at BAUER AG Annual General Meeting

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Annual & Special Corporate Meetings/Company Information

Subtitle: • Dividend of EUR 0.60 per share
• Professor Thomas Bauer underlines growth trend
• Dr. Karlheinz Bauer resigns Supervisory Board mandate

Schrobenhausen (euro adhoc) - Some 600 shareholders, shareholders'
representatives and guests today attended the fifth Ordinary Annual
General Meeting of the SDAX-listed construction and machinery
manufacturing concern BAUER Aktiengesellschaft at the company's
headquarters in Schrobenhausen.

In his speech, Chairman of the Management Board Professor Thomas
Bauer set forth the prospects for the Group's three segments -
Construction, Equipment and Resources - based on numerous examples of
projects all over the world. He also reaffirmed his previous
forecast: "We are well on track to achieve our targets for this
financial year." The Group expects total consolidated revenues of EUR
1.4 billion in full-year 2011, with after-tax profit above EUR 45
million. Professor Bauer also expressed his pleasure on the recent
sale of the first TBA 300 deep drilling rig to a Venezuelan drilling
contractor. The rig, designed for oil, gas and water exploration and
for the extraction of deep geothermal energy, is opening up a new
field of business for the Group.

The shareholders voted by a large majority to approve the resolutions
put forward by the management and confirmed the mandates of the
shareholders' representatives on the Supervisory Board for the next
five years.

Dr.-Ing. Johannes Bauer, a construction engineer and Managing
Director of BAUER Designware GmbH, was elected as a new member of the
Supervisory Board. He succeeds his father, Dr. Karlheinz Bauer, who
has resigned his mandate for reasons of age. The 83-year-old pioneer
in the field of specialist foundation engineering represented the
sixth generation of his family to run the business, having been
Managing Director from 1954 to 1986 and in the 1970s having laid the
foundations for the Equipment segment, which is today a world market
leader in specialist foundation engineering machinery.

The Annual General Meeting approved the payment of a dividend of EUR
0.60 per share. That represents a distribution of some EUR 10.3
million to the company's shareholders.

Following the Annual General Meeting, many shareholders took the
opportunity to tour the machinery plant at Aresing, some six
kilometres away.

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 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 and related fields. 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 around three quarters of its
total revenues outside of Germany. Employing some 9,100 people, the
Group's total revenues in 2010 were EUR 1.30 billion (previous year:
EUR 1.28 billion). BAUER Aktiengesellschaft has been listed on the
official market of the Frankfurt Stock Exchange since July 4, 2006
(Prime Standard, ISIN DE0005168108).

Further inquiry note:
Bettina Erhart / Christopher Wolf
Investor Relations
Telefon: +49(0)8252 97 1918
E-Mail: investor.relations@bauer.de

end of announcement euro adhoc
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company: BAUER Aktiengesellschaft
BAUER-Straße 1
D-86529 Schrobenhausen
phone: +49 (0)8252-97-1918
FAX: +49 (0)8252-97-2900
mail: investor.relations@bauer.de
WWW: http://www.bauer.de
sector: Construction & Property
ISIN: DE0005168108
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English