EANS-News: BAUER Aktiengesellschaft / BAUER Group wins contract to execute foundation works for Laktha Tower in St. Petersburg

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Company Information/Contracts

Schrobenhausen/St. Petersburg (euro adhoc) - The Russian subsidiary
of BAUER Spezialtiefbau GmbH was awarded the contract to execute the
foundation works for the Lakhta Tower recently. The building will be
constructed on the Baltic coast, in the Laktha district of the city
of St. Petersburg. With a height of 460 metres, it will be the
tallest building in Europe.

The foundation works involve sinking around 260 bored piles down to a
depth of around 85 metres, with diameters of up to two metres. Two BG
40 and two BG 28 state-of-the-art Bauer drilling rigs will be used
for this purpose.

"We are pleased to be carrying out the foundation works for what will
be the tallest building in Europe," said Prof. Thomas Bauer, Chairman
of the Management Board of BAUER AG. "Russia is a very dynamic market
and we benefit from our long-term presence there time and again. It
is wonderful to be involved in such an exceptional project."

The work is set to begin in December and is expected to last until
the end of June 2013.

The Lakhta Tower is already the third major contract that the BAUER
Group has managed to secure in recent weeks: besides the new project
in St. Petersburg, foundation works for part of the Hong
Kong-Zhuhai-Macau Bridge (around EUR 65 million) and the Kingdom
Tower in Saudi Arabia (around EUR 25 million) have led to a further
rise in orders in hand for the Construction segment.

About Bauer

Bauer is a provider of services, machinery and products for ground
and groundwater. The Group markets its products and services all over
the world. Its global spread allows it to remain largely unaffected
by fluctuating business cycles.

Its business is divided into three segments: Construction, Equipment
and Resources. The Construction segment carries out specialist
foundation engineering work for complex excavation pits and
foundations on major infrastructure and building projects all over
the world, installing cut-off walls and carrying out ground
improvement works as well as providing related project development
services. Bauer's Equipment segment, a world market leader, offers a
comprehensive range of construction machinery, equipment and tools
for the specialist foundation engineering sector as well as for other
underground drilling operations, such as for mines, water wells,
geothermal energy sources, and oil and gas extraction. The Resources
segment pools the Group's activities in the fields of water, energy,
mineral resources and environmental technology.

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 9,700 people, the
Group's total revenues in 2011 were approximately EUR 1.4 billion
(previous year: EUR 1.3 billion). BAUER Aktiengesellschaft has been
listed on the official market of the Frankfurt Stock Exchange since
July 4, 2006 (Prime Standard, ISIN DE0005168108).

You can also visit us on YouTube: http://www.youtube.com/BAUERGruppe

Further inquiry note:
Christopher Wolf
Investor Relations
Tel.: +49 8252 97 1797
E-Mail: christopher.wolf@bauer.de

end of announcement euro adhoc
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company: BAUER Aktiengesellschaft
BAUER-Straße 1
D-86529 Schrobenhausen
phone: +49 (0)8252-97-1797
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: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English