EANS-Adhoc: Miba Aktiengesellschaft / Delisting completed upon registration of the squeeze-out

--------------------------------------------------------------------------------
ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
--------------------------------------------------------------------------------

Capital measures
02.12.2015

Laakirchen, 2 December 2015

The principal shareholder of Miba AG, Mitterbauer
Beteiligungs-Aktiengesellschaft (MBAG), and Miba AG have been
informed by the Regional Court of Wels that following expiry of the
extended period for acceptance of the voluntary takeover offer made
by MBAG on 26 November 2015, the decision was taken today to register
the exclusion of shareholders ("Squeeze-out") on which a resolution
was adopted at the general meeting of 12 October 2015. Registration
of the Squeeze-out is expected to take effect on 3 December 2015. The
final day for trading on the Vienna Stock Exchange is expected to be
2 December 2015.

86,688 out of a total of 121,233 shares held in free float have been
tendered under the voluntary takeover offer made by MBAG, under the
terms of which EUR 565 was offered for each preference share. As a
result of this higher than average acceptance rate, only
approximately 2.7% of the shares held in free float are affected by
the squeeze-out procedure.

The remaining minority shareholders forced to sell their shares under
the Squeeze-out will receive a cash settlement of EUR 540.00 plus
interest for each Issue B Preference Share on the value date of 3
December 2015. Furthermore, these shareholders will have a loan stock
right (ISIN: AT0000A1HE84) booked to their securities accounts. In
the event no shareholder files an application requesting that a
review be conducted, these former shareholders will receive a
supplementary payment of EUR 25.00 for each loan stock right, thus
bringing the total for each share to EUR 565.

end of ad-hoc-announcement ==========================================
====================================== Miba AG is one of Austria's
leading industrial and technology companies. Formed in Laakirchen in
Upper Austria in 1927, the high-tech group today develops and
manufactures its products at 22 sites in eleven countries. Miba
products can be found in the passenger vehicles, trucks, construction
machinery, trains, ships, aircraft and power plants made or built by
the respective leading global manufacturers. The Company specializes
in engine bearings, friction materials, sintered components and
coatings. In addition, Miba manufactures passive electronic
components such as resistors and cooling systems which are needed,
among other things, in power transmission systems. Moreover, the
Company develops and manufactures special machinery for
high-precision machining of large components. Miba employs more than
5,000 members of staff. Revenue in fiscal year 2014-2015 amounted to
EUR 669.3 million, while profit before interest and tax (EBIT) was
EUR 81.9 million.

Further inquiry note:
Mag. Valerie Weixlbaumer-Pekari
Head of Corporate Communications & Marketing Services
Tel.: +43/664/5416364
mailto: valerie.weixlbaumer@miba.com

Investoren/Analysten
MMag. Markus Hofer
CFO
Tel.: +43/7613/2541-1138
mailto:markus.hofer@miba.com

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Miba Aktiengesellschaft
Dr.Mitterbauer-Straße 3
A-4663 Laakirchen
phone: 07613/2541-0
FAX: 07613/2541-1010
mail: info@miba.com
WWW: www.miba.com
sector: Industrial Components
ISIN: AT0000734835
indexes: Standard Market Auction
stockmarkets: official market: Wien
language: English