EANS-WpUEG: Andritz AG /

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Securities Acquisition and Takeover Act announcement transmitted by euro
adhoc. The issuer is responsible for the content of this announcement.
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Publication of the offer document under: www.andritz.com

offeror:
Company: Andritz Beteiligungsgesellschaft IV GmbH
Address: Eduard-Küsters-Straße 1, 47805 Krefeld
ISIN:
Contact:

offeree:
Company: Schuler AG
Address: Bahnhofstrasse 41, 73033 Göppingen
ISIN: DE 000A0V9A22
Contact:

stockmarkets of the aqquired company:
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Berliner Wertpapierbörse
Börse Düsseldorf
Bayerischer Börse
Hamburger Wertpapierbörse
Niedersächsische Börse zu Hannover
Baden-Württembergische Wertpapierbörse
Frankfurter Wertpapierbörse

other stockmarkets of the acquired company:
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Publication of the decision to make a voluntary public takeover offer
in accordance with Section 10, Para. 1, in conjunction with Sections
29, 34 of the German Securities Acquisition and Takeover Act
(Wertpapiererwerbs- und Übernahmegesetz, "WpÜG")

Bidder: Andritz Beteiligungsgesellschaft IV GmbH,
Eduard-Küsters-Straße 1 47805 Krefeld registered in the Commercial
Register of the Local Court of Charlottenburg under HRB 130604 B

Target company: Schuler AG Bahnhofstrasse 41 73033 Göppingen
registered in the Commercial Register of the Local Court of Ulm under
HRB 530210 ISIN: DE 000A0V9A22 (stock ticker symbol SCUN)

Andritz Beteiligungsgesellschaft IV GmbH decided on May 29, 2012 to
make a voluntary public takeover offer to the shareholders of Schuler
AG to acquire their no-par-value bearer shares in Schuler AG, with a
notional share in the capital stock of 2.60 EUR per ordinary share
(the "Schuler Shares"), against payment of a cash consideration in
the amount of 20.00 EUR per Schuler share (the "takeover offer"). The
offer document for the takeover offer and further information on the
takeover offer will be published in the Internet at www.andritz.com.

Further information: Andritz Beteiligungsgesellschaft IV GmbH is a
direct subsidiary of Andritz AG. The takeover offer is exclusively
subject to the provisions of the approval by the anti-trust
authorities. Today, Schuler Beteiligungen GmbH has sold its Schuler
shares, corresponding to 38.5% of the capital stock of Schuler AG, to
the bidder. Enforcement is subject to approval by the anti-trust
authorities. Furthermore, the takeover offer is issued according to
the terms and conditions contained in the offer document.

Important information: This announcement does not constitute an offer
to purchase nor an invitation to make an offer to sell shares of
Schuler AG. The final terms and conditions of the takeover offer as
well as further provisions regarding the takeover offer will be
disclosed in the offer document after permission is given to publish
the offer document by the German Federal Financial Supervisory
Authority. Investors and shareholders of Schuler AG are strongly
recommended to read the offer document and all documents in
connection with the takeover offer as soon as they are published as
they contain important information.

Krefeld, May 29, 2012

Andritz Beteiligungsgesellschaft IV GmbH

Listed: Schuler is listed on the Regulated Markets of the Frankfurt
and Stuttgart stock exchanges as well as on the Second Regulated
Markets on the Berlin, Düsseldorf, Hamburg, Hannover and Munich stock
exchanges.

Further inquiry note:
Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement euro adhoc
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issuer: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English