Annual General Meeting of BAUER AG: shareholders support Management Board's strategy by a large majority

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Schrobenhausen (euro adhoc) - Schrobenhausen, June 26, 2008 - The shareholders
of the SDAX-listed global construction and equipment manufacturing group BAUER
Aktiengesellschaft supported the strategy of the Management Board by a large
majority and voted almost 100 percent in favour of all the resolutions proposed
at today's Annual General Meeting, with 73.20 percent of the share capital
represented.
In response to the most successful financial year in its history, the company
has doubled the dividend and is paying out EUR 1.00 per share for the past
financial year. This means that almost one quarter of consolidated profit is to
be distributed among the shareholders.
The Annual General Meeting in addition ratified potential capital measures and
extended the authorization to increase the share capital by up to EUR 2 million
until 2013.
In his presentation Professor Thomas Bauer, Chairman of the Management Board of
BAUER Aktiengesellschaft, voiced his optimism about the future of the Group and
confirmed the outlook for the current year: "Business is making very healthy
progress. We are excellently positioned with our three segments Construction,
Equipment and Resources, and have a broad international base. We are confident
of achieving total Group revenues in excess of EUR 1.4 billion (previous year:
EUR 1.2 billion) in 2008, with profit after tax topping EUR 90 million (previous
year: EUR 74.4 million)." He also stressed the positive response which he
received from institutional investors at a roadshow in the first half of June;
the international rating agency Standard & Poor's has moreover confirmed the
"BB+" rating that has applied since June 2007, upgrading its outlook from
"stable" to "positive".
In place of the retiring Freiherr Wilken von Hodenberg, the Annual General
Meeting elected Professor Dr.-Ing. E.h. Manfred Nußbaumer, Vice-President
responsible for technical affairs on the Presidium of the German Construction
Industry Confederation, to the Supervisory Board.
The actions of the Management Board and Supervisory Board were ratified by 99.90
percent of the voting share capital respectively. PricewaterhouseCoopers AG
Wirtschaftsprüfungsgesellschaft, Stuttgart, were again elected as auditors for
the 2008 financial year.
The Ordinary Annual General Meeting was attended by around 600 shareholders and
shareholders' representatives at the company's home base in Schrobenhausen.
The results of the vote and the presentation by the Chairman of the Management
Board can be found in the Investor Relations section of the website
www.bauer.de.

About Bauer
Bauer is an international provider of services, machinery and ancillary products
in the earth-working and groundwater fields. The Group markets its products and
services all over the world. Its global spread allows it to remain largely
unaffected by fluctuating business cycles.
The operations of the Group are divided into three segments: Construction,
Equipment and Resources. The Construction segment carries out specialist
foundation engineering work all over the world, developing foundation and
excavation projects as well as providing related construction services. In its
Equipment segment, in which it is a world market leader, Bauer offers an
extensive range of machinery, equipment and tools for specialist foundation
engineering. The Resources segment encompasses the Group's operations in the
exploitation of raw materials, in environmental technology, in geothermal
drilling operations and also in equipment for wells (including pumps and drills,
screens and casings).
Bauer profits greatly from the collaboration between its three separate
segments, enabling the Group to position itself as an innovative, highly
specialized provider of complete solutions and services for demanding projects
on the specialist foundation engineering and related markets.
Founded in 1790, Bauer today generates more than two thirds of its total
revenues outside of Germany. Employing nearly 7,000 people, the Group's total
revenues in 2007 were EUR 1.2 billion (previous year: EUR 980 million). BAUER
Aktiengesellschaft has been listed on the official market of the Frankfurt Stock
Exchange since July 4, 2006 (Prime Standard, ISIN DE0005168108).

Further inquiry note:
Bettina Mestenhauser
Head of Corporate Communication & Investor Relations
BAUER Aktiengesellschaft
Wittelsbacherstrasse 5
86529 Schrobenhausen, Germany
Tel: +49 8252 97 1918
e-mail: investor.relations@bauer.de
Internet: http://www.bauer.de

end of announcement euro adhoc
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emitter: BAUER Aktiengesellschaft
Wittelsbacherstr. 5
D-86529 Schrobenhausen
phone: +49 (0)8252-97-1918
FAX: +49 (0)8252-97-2900
mail: investor.relations@bauer.de
WWW: http://www.bauer.de
sector: Construction & Property
ISIN: DE0005168108
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse München
language: English

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