EANS-Adhoc: C.A.T. oil AG's 2015 order book currently stands at EUR 234 million

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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other
10.02.2015

Vienna, 10 February 2015 - C.A.T. oil AG (O2C, ISIN: AT0000A00Y78),
the provider of oil and gas field services in Russia and Kazakhstan,
informs about the 2015 tendering campaign: despite the difficult
macroeconomic environment in its core markets and the weak oil price
the Company has successfully placed more than 90% of its fracking
capacities, around 75% of its drilling capacities and 50% of its
sidetracking capacities with customers. As of 10 February C.A.T.
oil's 2015 order book stands at EUR 234 million (based on a
rouble-to-euro exchange rate of 75) compared to EUR 408 million one
year ago (based on a rouble-to-euro exchange rate of 47). The decline
of 43% yoy in euro terms is primarily attributable to the strong
rouble devaluation against the euro. In rouble terms the 2015 order
book declined by 9% which reflects in particular the suspension of
sidetracking operations in Western Siberia by a major customer and
the more conservative budget planning process of C.A.T. oil's
customers in general. The Company's 2015-2017 total order book level
stands at EUR 299 million (based on a rouble-to-euro exchange rate of
75) as of 10 February 2015. This represents a decrease of 60% yoy
compared to the 2014-2016 order book which amounted to EUR 754
million (based on a rouble-to-euro exchange rate of 47) and
represented an all-time high. The development again reflects the
negative currency effects, the lower share of sidetracking orders and
a reduced share of longer-term service orders. While last year 46% of
the total orders exceeded a 12 month period, the current level of
orders which exceed a 12 month period amounts to 22%. C.A.T. oil will
continue to market its remaining free capacities with customers over
the next weeks and months.

End of Ad hoc-Release

Further inquiry note:
Carolin Amann Tel: +49(0)69-92037-132 Email: carolin.amann@fticonsulting.com
Steffi Susan Kim Tel: +49(0)69-92037-115 Email: steffi.kim@fticonsulting.com

end of announcement euro adhoc
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issuer: C.A.T. oil AG
Kärntner Ring 11-13
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