Press release

HOCHTIEF to make application to Australian Securities and Investments Commission

Essen
05.10.2010
Takeover offer and change of control at HOCHTIEF shall require ACS to make further takeover offer for Leighton Holdings

The Executive Board of HOCHTIEF Aktiengesellschaft, with the approval of the HOCHTIEF Supervisory Board, decided to make an application for relief to the Australian Securities and Investments Commission (ASIC). The application subject is to require ACS (Actividades de Construcción y Servicios, S.A.) to also make a takeover offer for Australian Leighton Holdings Limited in the event of acquisition of effective control of HOCHTIEF. Leighton is listed on the Australian Securities Exchange. HOCHTIEF holds a shareholding of 54.5 percent in the company. ACS has so far declared that it does not want to make an offer for the outstanding shares in Leighton. The Executive Board therefore decided to lodge the application with ASIC in the interest of HOCHTIEF and of the shareholders concerned.


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