August 12, 2008
Fresenius SE successfully completes capital increase
The new Fresenius SE shares were successfully placed today. In connection with the company's capital increase, 2,748,057 new ordinary shares were issued at a price of € 52.00 and 2,748,057 preference shares were issued at a price of € 53.00. The transaction has generated gross proceeds of approx. € 289 million, fully in line with Fresenius' financing plan.
The new shares are expected to be included in the quotation of the existing shares of Fresenius SE in the regulated market at the Frankfurt, Munich and Düsseldorf stock exchanges. They have full dividend entitlement for the fiscal year 2008.
Dr. Ulf Mark Schneider, Chairman of the Management Board of Fresenius SE commented: "The capital increase is a further component of the acquisition financing for APP Pharmaceuticals. This acquisition provides attractive growth opportunities for Fresenius Kabi's existing product portfolio in North America. At the same time, Fresenius Kabi achieves a leading position in the global I.V. generics market. The successful placement of the new shares reflects the confidence of the capital markets in our strategy. With this placement, the entire equity financing of the APP Pharmaceuticals acquisition has been completed within a few weeks."
Deutsche Bank and Commerzbank acted as Joint Lead Managers and Joint Bookrunners and WestLB as Joint Lead Manager for the offering.
About Fresenius SE
Fresenius is a health care group with international operations, providing products and services for dialysis, hospital and outpatient medical care. In 2007, group sales were approx. € 11.4 billion. On June 30, 2008 the Fresenius Group had 117,453 employees worldwide.
For more information visit the Company's website at www.fresenius.com.
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This release does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of Fresenius SE ("Fresenius") or any present or future member of its group nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of Fresenius or any member of its group or any commitment whatsoever. In particular, this release is not an offer of securities in the United States of America (including its territories and possessions), and securities of Fresenius SE may not be offered or sold in the United States of America absent registration under the Securities Act of 1933 (which Fresenius SE does not intend to effect) or pursuant to an exemption from registration.
This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of clinical trials, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. This includes the risk that the transaction will not be consummated or on other terms. Fresenius does not undertake any responsibility to update the forward-looking statements in this release.
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Board of Management: Dr. Ulf M. Schneider (President and CEO), Rainer Baule, Dr. Francesco De Meo, Dr. Jürgen Götz, Dr. Ben Lipps, Stephan Sturm, Dr. Ernst Wastler
Supervisory Board: Dr. Gerd Krick (Chairman)
Registered Office: Bad Homburg, Germany/Commercial Register No. HRB 10660