Preliminary results, 3rd Quarter 2009 - Adjustment of guidance for the 2009 financial year

On the basis of preliminary results of the third quarter 2009, KUKA generated orders received of EUR 206.9 million (third quarter 2008: EUR 292.1 million), sales revenues of EUR 217.7 million (third quarter 2008: EUR 343.1 million) and a positive result before taxes and depreciation (EBITDA) of EUR 1.2 million (third quarter 2008: EUR 26.2 million).

03 October 2009

The operating result (EBIT) was minus EUR 5.1 million (third quarter 2008: EUR 20.0 million). This includes special expenditures of EUR 4.4 million, of which EUR 2.7 million were related to changes in the company's Executive Board. Free cash flow reached EUR 7 million in the third quarter 2009, which reduced net debt from EUR 94.4 million as of June 30, 2009 to EUR 87.5 million as of September 30, 2009.

For the 2009 financial year as a whole, KUKA is now expecting to achieve an operating result (EBIT) of minus EUR 10 million to minus EUR 15 million before the extraordinary restructuring expenses. Given the restructuring costs, KUKA is currently expecting that expenses for the whole of 2009 will total at least EUR 25 million, of which EUR 17.4 million are already included in the first nine months of 2009. The ongoing cost reduction program is continuing to make progress as planned, but the operating loss in the first nine months (EBIT of minus EUR 10.6 million) will not be made up in the remaining three months of the financial year.

It is expected that free cash flow for the 2009 financial year as a whole will be in the order of minus EUR 40 million to minus EUR 50 million. This is largely due to the considerable drop in trade payables receivables from suppliers in the current financial year (decrease of EUR 73.4 million as of September 30, 2009, from a very high trade payables level of EUR 149.1 million as of December 31, 2008).

Performance in the fourth quarter is still subject to considerable risk. Depending on possible further decisions regarding adjustments to the Group's cost structure, restructuring expenses in particular could increase considerably.

KUKA will release the interim report for the third quarter 2009 on November 3, 2009.

Augsburg, October 30, 2009

The Executive Board

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