KUKA Aktiengesellschaft
a stock corporation with its seat in
Augsburg, Federal Republic of Germany

€ 202,000,000
8.750% Senior Second Priority Notes, due 2017

- ISIN DE000A1E8X87 (for the Regulation S Global Note) -
- ISIN DE000A1E8YA2 (for the Rule 144A Global Note) -

Augsburg, 26 March 2014 - On 18 November 2010, KUKA Aktiengesellschaft (the "Issuer") issued € 202,000,000 Senior Second Priority Notes due 2017 (the "Notes") admitted to trading on Euro MTF market of the Luxembourg Stock Exchange.

Now, notice is hereby given to the holders of the Notes (the "Holders") that the Issuer irrevocably decided to redeem the Notes on 15 May 2014 (the "Redemption Date") in accordance with § 6 (2) (c) of the Conditions of Issue contained in the Offering Circular dated 11 November 2010. The Offering Circular is available on the website of the Luxembourg Stock Exchange (www.bourse.lu).

The Holders of the Notes are hereby informed that all outstanding Notes will be early redeemed in full on the Redemption Date at a redemption price equal to 100% of the principal amount of the Notes, i.e. € 1,000 per Note, plus the Applicable Premium (the "Redemption Amount"). As the redemption will be made on an Interest Payment Date (i.e. 15 May 2014) no further accrued and unpaid interest shall become due.

The Applicable Premium can be determined on 12 May 2014 and will be published thereafter by the Issuer in accordance with the Conditions of Issue without undue delay. In accordance with the Conditions of Issue, the Applicable Premium means, on any redemption date, the excess of (i) the present value on such redemption date of (A) the redemption price of such Note at November 15, 2014, plus (B) all required remaining scheduled interest payments due on the Notes through November 15, 2014, computed using a discount rate equal to the Bund Rate plus 50 basis points, over (ii) the principal amount of such Note on such redemption date. The calculation of the Applicable Premium shall be made by the Issuer or on behalf of the Issuer by such Person as the Issuer shall designate and shall be conclusive in the absence of manifest error.

The Redemption Amount will become due and payable on each Note on the Redemption Date.

Terms defined in the Offering Circular dated 11 November 2010 shall have the same meaning when used in this notice, unless expressly otherwise defined herein.



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