EANS-News: voestalpine AG /voestalpine broadens measures to safeguard liquidity

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Company Information/Measures to safeguard liquidity

Linz (euro adhoc) - The voestalpine Group is responding quickly to
the changing market situation. A syndicated loan of EUR 800 million
in two tranches has been agreed in order to safeguard medium and
long-term financing.

In total voestalpine will be supplied with two tranches of EUR 400
million, each with a maturity of five years, issued by a consortium
of eleven banks. The first tranch will safeguard liquidity needs for
investments and repayments during the business year 2012/13. The
second tranch is intended to cushion potential market disturbances in
the field of financing and is a purely precautionary measure.
Although the transaction was significantly oversubscribed, in the end
it was not increased. "Taking measures to safeguard liquidity
represents a further diversification of our recent corporate action",
explains Chief Financial Officer Robert Ottel. voestalpine was very
successful in placing a corporate bond with a volume of EUR 500
million on the capital market in January 2011. Foreign banks make up
two thirds of the consortium, the remaining third of the banking
partners comes from Austria, and is being coordinated by the
UniCredit Bank Austria AG and the Credit Agricole Corporate &
Investment Bank.

The voestalpine Group

voestalpine is a globally active group with a variety of specialized
and flexible companies which produce, process, and further develop
high-quality steel products. The group is represented by 360
production and sales companies in more than 60 countries on five
continents.

With its highest quality flat steel products, voestalpine is one of
Europe's leading partners to the automotive, white goods, and energy
industries. Furthermore, voestalpine is the world market leader in
turnout technology, tool steel, and special sections, as well as
number one in Europe in the production of rails. In the business year
2010/11, the voestalpine Group generated revenues of around EUR 11
billion, and achieved an operating result (EBIT) of almost EUR 1
billion; the Group has around 45,000 employees worldwide.

For further information:

voestalpine AG
Corporate Communications
Peter Felsbach
voestalpine-Strasse 1
4020 Linz
T. +43/50304/15-2397
presse@voestalpine.com
www.voestalpine.com

Further inquiry note:
Gerald Resch
Investor Relations Manager
Tel.: +43/50304/15-8735
Fax: +43/50304/55-5581
mailto:gerald.resch@voestalpine.com
http://www.voestalpine.com

end of announcement euro adhoc
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company: voestalpine AG
voestalpine-Straße 1
A-4020 Linz
phone: +43 50304/15-9949
FAX: +43 50304/55-5581
mail: IR@voestalpine.com
WWW: www.voestalpine.com
sector: Metal Goods & Engineering
ISIN: AT0000937503
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English