Vossloh AG / Key word(s): Miscellaneous 23.02.2011 20:15 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Vossloh putting shipments to Libya on hold Werdohl, February 23, 2011. In view of the current situation in Libya, Vossloh AG has today discontinued for the time being the shipment of rail fasteners and switches for the new line between Ras Adjer and Sirt. In doing so, Vossloh is complying with a request dated February 22, 2011, from China Civil Engineering Construction Corporation, the Chinese general contractor for the Libyan rail project. At present it cannot said to what degree the project will be delayed. For 2011, Vossloh had so far budgeted sales to Libya of around EUR70 million. Even if shipments to Libya cannot be resumed in 2011, the Executive Board expects, thanks to the favorable business trend to date in other regions, nonetheless to generate sales of around EUR1.4 billion and an EBIT above EUR160 million for the Group as budgeted for 2011. In 2010, Vossloh had been awarded two contracts for Libya worth a total EUR115 million. 23.02.2011 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: Vossloh AG Vosslohstr. 4 58791 Werdohl Deutschland Phone: +49 (0)2392 52 - 359 Fax: +49 (0)2392 52 - 219 E-mail: investor.relations@ag.vossloh.com Internet: www.vossloh.com ISIN: DE0007667107 WKN: 766710 Indices: MDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Vossloh AG: Vossloh putting shipments to Libya on hold
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