On May 11, 2011, and May 12, 2011, voestalpine AG published the following notifications:
“voestalpine AG hereby announces that today (May 11, 2011) the German Federal Cartel Office conducted searches at the premises of voestalpine Klöckner Bahntechnik GmbH in Duisburg, whose activities include selling rails produced by the Railway Systems Division in Germany. The reason for the searches is the suspicion of anti-competitive practices in the German rail market. voestalpine AG takes these allegations seriously and will openly and fully cooperate with the authorities. Further information cannot be provided at this time.”
“voestalpine AG hereby announces that today (May 12, 2011) the German Federal Cartel Office also conducted a search at the premises of rail manufacturer TSTG Schienen Technik GmbH & Co KG in Duisburg. The reason for the search is the suspicion of anti-competitive practices in the German rail market as was the case yesterday at voestalpine Klöckner Bahntechnik GmbH. Further information cannot be provided at this time.”
An assessment of the consequences of the searches is not possible at this time. In the interest of the Company, no further disclosures can be made at this time.