MEDIA RELEASE

Schwerzenbach, Switzerland, November 14, 2013

WALTER MEIER SUCCESSFULLY CONCLUDES THE SALE OF ITS TOOLS BUSINESS

The sale of the tools business to the private equity firm Tenex, which was announced on October 8, was successfully concluded on November 13.
The sale will lead to a positive exceptional effect, running into the high tens of
millions, in the 2013 annual result. The proceeds are to be retained in full in order to finance acquisition-driven growth in the core business. Walter Meier has the explicit intention of taking as much time as is necessary while re-investing the liquid funds from the sale.
The completion of this transaction means that the focusing strategy in place for several years has been brought to a successful conclusion. The portfolio of investments, divided between the two segments of the wholesale and service business (Walter Meier Machining Solutions and Walter Meier Climate) and the development and manufacturing business (Condair, Port-A-Cool and Barcol-Air) will establish the foundation for the long-term further development of the
Walter Meier Group and provide the framework for its financial reports in the future.
In the 2014 financial year, Walter Meier anticipates sales of approximately CHF 550 million. Net income should amount to some CHF 30 million, which roughly equates to CHF 3.00 per share. These estimates are based on current knowledge and are subject in particular to the proviso that the macroeconomic
situation in the core markets does not deteriorate and the main currency exchange rates remain stable.

Further information

Walter Meier, Corporate Communications

Phone +41 44 806 49 00, group@waltermeier.com

Key dates December 31, 2013 End of the 2013 financial year February 25, 2014 Media and Financial Analysts' Conference on the Annual Report 2013 March 19, 2014 Annual Shareholders' Meeting

Walter Meier is an international climate and manufacturing technology group. The company was founded in 1937 and today generates sales of over CHF 700 million with approx. 2000 employees. Shares in Walter Meier are listed on the SIX Swiss Exchange (symbol WMN).

This media release is available at www.waltermeier.com/investors.

Walter Meier Ltd.

Bahnstrasse 24, 8603 Schwerzenbach, Switzerland Phone +41 44 806 41 41, Fax +41 44 806 49 49 group@waltermeier.com, www.waltermeier.com

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