Following the decision taken on 24 May 2005 at the annual general meeting of FUCHS PETROLUB AG, which operates globally in the lubricants business, to implement a stock split at a ratio of 1:3, the stock exchange quotation is now to be converted on Thursday, 23 June 2005. This will see every ordinary shareholder and preference shareholder receive three shares each with a calculated stake in the capital stock of €3 for the previous shares with a nominal value of €9.
The unaltered capital stock amounting to €70,740,000 will now be divided into 11,790,000 ordinary shares as well as 11,790,000 preference shares with a calculated nominal value of €3 per ordinary or preference share.
The depositary banks will convert FUCHS PETROLUB AG's stocks of ordinary and preference shares in a ratio of 1:3 according to the value on 22 June 2005 by entering three shares in the shareholders' accounts for each share which is deleted. The shareholders do not have to do anything here. The conversion of the managed assets shall be free of charge for the shareholders.
The company believes that this split will increase the attractiveness of FUCHS PETROLUB shares still further, in particular for private investors.
Mannheim, June 21, 2005
FUCHS PETROLUB AG
Öffentlichkeitsarbeit
Friesenheimer Str. 17
68169 Mannheim
Tel.: ++49 (0) 621 3802 - 105
The press release can also be found on the Internet at www.fuchs-oil.de.
Important note
This Press Information contains statements about future development that are based on assumptions and estimates by the management of FUCHS PETROLUB AG. Even if the management is of the opinion that these assumptions and estimates are accurate, future actual developments and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors can include changes to the overall economic climate, changes to exchange rates and interest rates and changes in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that future developments and the results actually achieved in the future will agree with the assumptions and estimates set out in this press release and assumes no liability for such.