EANS-Adhoc: ATB Austria Antriebstechnik AG / ATB Austria Antriebstechnik AG announces extraordinary general meeting and delayed publication of the 2010 annual financial report

ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.


Vienna, 21 April 2011 - When drawing up the annual financial statements for the year ended 31 December 2010, the Management Board of ATB Austria Antriebstechnik AG (ISIN AT0000617832) has ascertained that the annual loss to be reported will probably exceed half of the company´s share capital. The Supervisory Board has been informed of this.

An extraordinary general meeting will consequently be called pursuant to section 83 Aktiengesetz (Companies Act), and the Management Board will report to the meeting on the company´s financial situation and the restructuring actions being taken in response to it.

Due to unresolved valuation and accounting issues, publication of ATB´s 2010 annual financial report, which was originally planned for late April 2011, will be delayed, and will probably not take place until near the end of May or early June 2011.

end of announcement euro adhoc

issuer: ATB Austria Antriebstechnik AG Wächtergasse 1 A-1010 Wien WWW: www.atb-motors.com sector: Technology ISIN: AT0000617832 indexes: Standard Market Auction

stockmarkets: official market: Wien
language: English

Rückfragen & Kontakt:

ATB Austria Antriebstechnik AG
Gerald Wechselauer
Investor Relations
Phone: +43 1 22760 - 130
Email: ir@a-tecindustries.com