Continental AG / Key word(s): Acquisition/Miscellaneous 10.02.2014 16:17 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Continental to acquire Veyance Technologies Inc. from The Carlyle Group Continental AG, Hanover, Germany, has signed an agreement to acquire Veyance Technologies Inc., Fairlawn Ohio, USA, for 1.9 billion US-Dollar. The business of Veyance comprises engineering, manufacturing and selling products made of rubber and plastics, predominantly for industrial applications. In 2013, Veyance Technologies Inc. has generated revenues of approximately 2 billion US-Dollar, of which more than 50% are allocable to the NAFTA-Region. The business has approx. 9,000 employees and has their main production and engineering facilities in the U.S., Canada, Mexico, South America and China. It produces and supplies, inter alia, conveyor belts, industrial hoses, air spring systems and power transmission belts. The business generated an EBITDA of 270 mn US-Dollar in 2013. Upon closing of this transaction, the acquired business is planned to be integrated into Continental's ContiTech Division, which generated according to preliminary data revenues of 3.9 bn EUR and an EBITDA of 576 mn EUR in 2013. The transaction is subject to merger control clearance. Hanover, February 10, 2014 10.02.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Continental AG Vahrenwalder Straße 9 30165 Hannover Germany Phone: +49 (0)511 938-1068 Fax: +49 (0)511 938-1080 E-mail: [email protected] Internet: www.conti.de ISIN: DE0005439004 WKN: 543900 Indices: DAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg, Hannover, Stuttgart; Freiverkehr in Berlin, Düsseldorf, München; Terminbörse EUREX; Luxemburg, SIX End of Announcement DGAP News-Service ---------------------------------------------------------------------------