Subscription price for capital increase fixed
New Praktiker share offered at EUR 1.08

Hamburg / Kirkel, 29 Nov. 2012 - Acting with the consent of the Supervisory Board, the Management Board of Praktiker AG fixed the subscription price for the new shares to be issued in line with the impending capital increase at EUR 1.08 per new share on Wednesday evening (28 November 2012). The subscription period lasts from 30 November to 13 December 2012, the trading of rights trading will equally commence on 30 November but end on 11 December 2012.


The subscription offer will be published today in the Federal Gazette as well as on the website of Praktiker AG at www.praktiker.com.

All shareholders of Praktiker AG with holdings in the company as at the reference date of 29 November 2012 are entitled to subscribe. The subscription ratio is 20 to 19 meaning that 20 old shares entitle to the subscription of 19 new shares. Subscription rights which are not exercised will expire worthless.

The placement volume comprises about 55.6 million new shares. The anticipated EUR 60 million gross proceeds of the issue are to be allocated to the restructuring project of Praktiker AG, particularly for developing Max Bahr into the primary sales line in Germany.

Armin Burger, chairman of the Management Board of Praktiker AG, described the subscription price as a "fair offer" in line with market conditions which offered subscribers to the new shares an interesting perspective for their invested capital. The price was the same at which the Austrian Donau Invest Beteiligungs Ges.m.b.H. and Berenberg Bank were prepared to take over new shares for which the pre-emptive right of the present shareholders would not be exercised.

Berenberg Bank is acting as the Sole Global Coordinator and Sole Bookrunner in the capital increase.

Disclaimer:

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States of America (the "United States"), in Australia, in Canada or in Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The securities referred to in this announcement may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the "Securities Act") or in a transaction exempted from or not subject to the registration requirements of the Securities Act. Subject to certain exceptions, the securities referred to in this announcement may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to in this announcement has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the securities in the United States.



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