EANS-Voting Rights: Demag Cranes AG / Correction of a release according to article 26, section 1 WpHG (Securities Trading Act) with the aim of Europe-wide distribution from Dez 31, 2010 at 12:31

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)

Correction of our publication dated December 31, 2010

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

1) Centaurus Capital LP, London, United Kingdom, informed us pursuant to sec. 21 para. 1 of the WpHG that on December 29, 2010 the voting rights of Centaurus Capital LP in Demag Cranes AG, Düsseldorf, Germany has exceeded the
threshold of 5 percent and amounted to 5.06 percent (1070665 shares) in relation to all shares of the respective voting shares.

These voting rights are attributed pursuant to sec. 22 para. 1 sent. 1 no. 6 of the WpHG.

2) Centaurus Capital Ltd., London, United Kingdom, informed us pursuant to sec. 21 para. 1 of the WpHG that on December 29, 2010 the voting rights of Centaurus Capital Ltd. in Demag Cranes AG, Düsseldorf, Germany has exceeded the threshold of 5 percent and amounted to 5.06 percent (1070665 shares) in relation to all shares of the respective voting shares.

These voting rights are attributed pursuant to sec. 22 para. 1 sent. 1 no. 6 in connection with sent. 2 of the WpHG.

3) Centaurus Global Holding Ltd., Grand Cayman, Cayman Islands, informed us pursuant to sec. 21 para. 1 of the WpHG that on December 29, 2010 the voting rights of Centaurus Global Holding Ltd. in Demag Cranes AG, Düsseldorf, Germany has exceeded the threshold of 5 percent and amounted to 5.06 percent (1070665 shares) in relation to all shares of the respective voting shares.

These voting rights are attributed pursuant to sec. 22 para. 1 sent. 1 no. 6 in connection with sent. 2 of the WpHG.

4) Bernard Oppetit, United Kingdom, informed us pursuant to sec. 21 para. 1 of the WpHG that on December 29, 2010 the voting rights of Bernard Oppetit in Demag Cranes AG, Düsseldorf, Germany has exceeded the threshold of 5 percent and amounted to 5.06 percent (1070665 shares) in relation to all shares of the respective voting shares.

These voting rights are attributed pursuant to sec. 22 para. 1 sent. 1 no. 6 in connection with sent. 2 of the WpHG.

Düsseldorf, 03 January 2011

Board of Management

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: ir@demagcranes-ag.com
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

Rückfragen & Kontakt:

Susanne Tengler
Telefon: +49(0)211 7102-1218
E-Mail: Susanne.Tengler@demagcranes-ag.com

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