EANS-Voting Rights: Demag Cranes AG / Release according to article 26, section 1 WpHG (Securities Trading Act) with the aim of Europe-wide distribution

--------------------------------------------------------------------------------
Notification of voting rights transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Announcement according to Article 21, Section 1 of the WpHG (share)

Notification pursuant to sec. 26 para. 1 Securities Trading Act (WpHG)

1) Paul E. Singer, USA, informed us pursuant to sec. 21 para. 1 of the WpHG
that on July 6, 2011 the voting rights of Paul E. Singer in Demag Cranes AG,
Düsseldorf, Germany, have exceeded the threshold of 3 percent and amounted
to 4.96 percent (1,049,800 voting rights) in relation to all shares of the
respective voting shares.

All of the aforementioned voting rights are to be attributed to Paul E.
Singer pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG through Elliott
Capital Advisors, L.P., Braxton Associates, Inc. and Elliott Asset
Management LLC. 2.86 percent of the voting rights (605,400 voting rights)
are also to be attributed to Paul E. Singer pursuant to sec. 22 para. 1
sent. 1 no. 6 in conjunction with sent. 2 of the WpHG.

2) Braxton Associates, Inc., New York, USA, informed us pursuant to sec. 21
para. 1 of the WpHG that on July 6, 2011 the voting rights of Braxton
Associates, Inc. in Demag Cranes AG, Düsseldorf, Germany, have exceeded
the threshold of 3 percent and amounted to 4.96 percent (1,049,800 voting
rights) in relation to all shares of the respective voting shares.

All of the aforementioned voting rights are to be attributed to Braxton
Associates, Inc. pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG
through Elliott Capital Advisors, L.P.

3) Elliott Asset Management LLC, New York, USA, informed us pursuant to sec. 21
para. 1 of the WpHG that on July 6, 2011 the voting rights of Elliott Asset
Management LLC in Demag Cranes AG, Düsseldorf, Germany, have exceeded the
threshold of 3 percent and amounted to 4.96 percent (1,049,800 voting
rights) in relation to all shares of the respective voting shares.

All of the aforementioned voting rights are to be attributed to Elliott
Asset Management LLC pursuant to sec. 22 para. 1 sent. 1 no. 1 of the WpHG
through Elliott Capital Advisors, L.P.

4) Elliott Capital Advisors, L.P., New York, USA, informed us pursuant to sec.
21 para. 1 of the WpHG that on July 6, 2011 the voting rights of Elliott
Capital Advisors, L.P. in Demag Cranes AG, Düsseldorf, Germany, have
exceeded the threshold of 3 percent and amounted to 4.96 percent (1,049,800
voting rights) in relation to all shares of the respective voting shares.

All of the aforementioned voting rights are to be attributed to Elliott
Capital Advisors, L.P. pursuant to sec. 22 para. 1 sent. 1 no. 1 of the
WpHG.

Düsseldorf, 12 July 2011

Board of Management

Further inquiry note:
Susanne Tengler
Telefon: +49(0)211 7102-1218
E-Mail: [email protected]
end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Demag Cranes AG
Forststrasse 16
D-40597 Düsseldorf
phone: +49(0211) 7102 1218
FAX: +49(0211) 7102 1215
mail: [email protected]
WWW: http://www.demagcranes-ag.com
sector: Machine Manufacturing
ISIN: DE000DCAG010
indexes: MDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | EAE

print