KUKA successfully completes capital increase

KUKA AG successfully completed the capital increase with subscription rights announced on June 7, 2010 and increased the number of shares outstanding by 4,655,441 to 33,915,431

23 June 2010

The capital increase was carried out by issuing subscription rights at a ratio of 6:1 with a fixed subscription price of EUR 9.75 for each new KUKA share. The new shares are expected to be included on Friday, June 25, 2010 into the existing listing of KUKA shares on the Frankfurt Stock Exchange and the stock exchanges in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart and Munich.

The gross proceeds for the company from the capital increase will amount to approximately EUR 45 million. These proceeds will be used to improve the company's equity base and to finance the establishment and expansion of the new Advanced Robotics segment, and the continued growth of the Robotics and Systems divisions.

The take-up rate excluding the already pre-placed shares amounts to 99.5%. The remaining shares were sold via the open market by the underwriting banks UniCredit Bank AG and COMMERZBANK Aktiengesellschaft. The major shareholders Grenzebach Maschinenbau GmbH and Wyser-Pratte Management Co., Inc. participated on a large scale and now hold 25.2 % including the allocated voting rights of RINVEST AG and 7.8 %, respectively, of the voting rights following the capital increase. The percentage of shares held by KUKA AG has now declined to 3.9 %.

Dr. Till Reuter, CEO, underscores the significance of this capital increase for the future development of the company: “Completing this capital increase was the most important milestone for extending the existing financing agreements and has created a basis for continued profitable growth.”

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