EANS-News: C.A.T. oil reveals guidance for FY2013

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Subtitle: • Revenue target of EUR 405 to 425 million • Expected
EBITDA ranging from EUR 95 to 105 million • FY2012 objectives
confidently surpassed • All-time high service orders and good
progress in business expansion fuels confidence in another record
year

Earnings Forecast

Vienna, 6 March 2013 (euro adhoc) - C.A.T. oil AG (O2C, ISIN:
AT0000A00Y78), one of the leading providers of oil and gas field
services in Russia and Kazakhstan, announces its guidance for the
financial year 2013. The Company expects the FY2013 revenues in the
range of EUR 405 to 425 million and EBITDA ranging from EUR 95 to 105
million (based on a rouble-to-euro exchange rate of 40). C.A.T. oil
is confident about attainability of its 2013 targets due to buoyant
dynamics of the Russian oil and gas field service market, an all-time
high in the Company's service orders for 2013 as well as tight and
efficient cost controls.

Manfred Kastner, CEO of C.A.T. oil, commented: "2012 has been a very
successful and important year in our Company's history: Driven by
high activity levels of our customers and a favorable macroeconomic
environment in our core markets we experienced a very strong demand
for all of our services. We also successfully diversified and
expanded our business and set up high class drilling as our third
core service. Having successfully concluded the year 2012 with a busy
and productive fourth quarter, we are very confident to have more
than reached the upper end of our revenue and EBITDA guidance for the
last year."

C.A.T. oil's 2013 targets are further supported by the successive
implementation of the Company's 2013 investment program. In addition
to the successful set up of high class drilling in 2012, the Company
decided to extend its growth plans and invest in new sidetracking and
fracturing capacities in 2013.

Manfred Kastner added: "We are fully on track with our next expansion
program. Two new sidetrack drilling rigs are in operations since
February and further new capacities will be successively deployed in
the field in the coming months. By early H2 we will have increased
our sidetracking and fracturing capacities by about 30% and 10%
respectively. We are well prepared to once again grow our profitable
business and expect FY2013 revenues in the range of EUR 405 to 425
million and an EBITDA ranging from EUR 95 to 105 million."

C.A.T. oil will publish its results for Fiscal Year 2012 on 30 April
2013.

www.catoilag.com

Press contact:
FTI Consulting
Thomas M. Krammer
Phone: +49 (0)69 92037-183
Email: thomas.krammer@fticonsulting.com

Steffi Fahjen
Phone: +49 (0)69 92037-115
Email: steffi.fahjen@fticonsulting.com

About C.A.T. oil AG

C.A.T. oil AG is one of the leading providers of oil and gas field
services in Russia and Kazakhstan and is listed on the Frankfurt
Stock Exchange (SDAX). C.A.T. oil offers a wide spectrum of services
to increase the lifecycle of an oil field or to make unexploited oil
fields accessible. The Company's growth is driven by the following
factors: Existing oil fields need to be stimulated due to shrinking
oil and gas resources in order to optimize capacities.
Simultaneously, idle wells are reactivated or made accessible through
new methods in order to deploy wells to their maximum. Additionally,
C.A.T. oil has established high class drilling as third core service
which allows to access completely unexploited oil and gas reserves

Since its foundation in 1991 in Celle, Germany, C.A.T. oil has built
up a leading hydraulic fracturing services business in Russia and
Kazakhstan. Following its IPO in 2006 the Company has invested more
than EUR 250 million in additional services and capacities: Sidetrack
drilling has become the Company's second core business. In 2011, the
Company initiated a comprehensive investment program with a volume of
EUR 150 million, focusing on the set up of high class drilling as
third core service offering. The new service line was fully installed
in 2012.

C.A.T. oil's portfolio also includes cementing and seismic services.
With its state-of-the-art technology the Company clearly
differentiates itself in its core markets as the equipment allows for
very time-efficient and effective deployment. C.A.T. oil's customer
base includes the leading Russian and Kazakh oil and gas producers
amongst them Gazprom, KazMunaiGaz, LUKOIL, Rosneft and TNK-BP. C.A.T.
oil has a long-standing relationship with these customers and has
been a reliable service provider since its market entrance in the
early nineties.

The Company has its headquarters in Vienna. In 9M 2012, the Company
employed an average of 2,469 people, most of which are based in
Russia and Kazakhstan.

Further inquiry note:
Thomas Krammer
Tel: +49(0)69-92037-183
Email: thomas.krammer@fticonsulting.com

end of announcement euro adhoc
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company: C.A.T. oil AG
Kärtner Ring 11-13
A-A-1010 Wien
phone: +43(0) 1 535 23 20 - 0
FAX: +43(0) 1 535 23 20 - 20
mail: ir@catoilag.com
WWW: http://www.catoilag.com
sector: Oil & Gas - Upstream activities
ISIN: AT0000A00Y78
indexes: SDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt
language: English