KHD Humboldt Wedag International AG successfully completes capital increase

Cologne, (PresseBox) - KHD Humboldt Wedag International AG (KHD) successfully concluded its capital increase today. The capital increase, which is from approved capital and grants statutory subscription rights to existing shareholders, formed the subject of a Management Board resolution with Supervisory Board assent on December 21, 2010. As part of the transaction, the company's share capital is increased by EUR 16,561,021.00, from EUR 33,142,552.00 to EUR 49,703,573.00. The new ordinary bearer shares, each with a notional amount in the share capital of EUR 1.00, were issued at a price of EUR 4.53 per share. They carry dividend entitlement from January 1, 2010. The gross issue proceeds from the transaction amount to EUR 75,021,425.13.

A total of 16,571,276 new shares was available for the capital increase. Following the end of the subscription period there were sufficient shares remaining to allow Max Glory Industries Ltd. ("MGI") to subscribe for such a number of shares for MGI to hold 20% of the company's shares following the implementation of the capital increase. MGI is an indirect subsidiary of CATIC Beijing Co. Ltd., Beijing, China, with which KHD concluded a cooperation agreement in December 2010. This agreement has become effective since the capital increase has been implemented, according to its terms.

The new shares will be included in the Regulated Market of the Frankfurt Stock Exchange prospectively at the beginning of next week.

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