DGAP-CMS: HOCHTIEF Aktiengesellschaft: Disclosure pursuant to Art. 4 para. 2 of the Regulation (EC) No. 2273/2003

HOCHTIEF Aktiengesellschaft  / Bekanntmachung nach Art. 4 Abs. 2 der Verordnung
(EG) Nr. 2273/2003 

14.06.2013 18:10

Dissemination of a Post-admission Duties announcement, transmitted by
DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------


Disclosure pursuant to Art. 4 para. 2 of the Regulation (EC) No. 2273/2003

HOCHTIEF Aktiengesellschaft / Share Buyback

The Executive Board of HOCHTIEF Aktiengesellschaft decided on June 13, 2013
to acquire in the time period from June 17, 2013 through no later than
December 13, 2013 up to 4,313,000 shares of HOCHTIEF Aktiengesellschaft
(ISIN DE0006070006), which is equivalent to approx. 5.6 % of the Company's
share capital, for a total purchase price (not including incidental
acquisition costs) of up to EUR 260,000,000.-, subject to the following
conditions.

The Executive Board hereby makes use of the authorization of the Annual
General Meeting of HOCHTIEF Aktiengesellschaft of May 7, 2013 to launch a
share buyback programme for shares in the amount of up to 10% of the
company's share capital until May 6, 2018. The shares that are bought back
may be used for any purpose set forth in the authorization resolution of
the Annual General Meeting of May 7, 2013.

The share buyback will be carried out for account of the Company by a bank
mandated by the Company. HOCHTIEF Aktiengesellschaft reserves the right to
terminate the mandate of the bank and to transfer it to another bank. The
bank shall make its decisions regarding the date of the acquisition of the
shares and the respective volume of the shares to be bought back
independently of and without influence by the Company. The shares shall be
repurchased on stock exchanges at the most favourable terms for HOCHTIEF
Aktiengesellschaft. The purchase price per share (not including incidental
acquisition costs) may not be more than 10% above or below the arithmetic
mean of the prices of no-par value shares of HOCHTIEF Aktiengesellschaft in
the closing auction in XETRA trading (or an equivalent successor system) on
the Frankfurt Stock Exchange during the last ten stock market trading days
preceding the conclusion of the obligating transaction.

In the performance of such activities, the bank is obliged to observe the
trading conditions set forth in Art. 5 of the Commission Regulation (EC)
No. 2273/2003 of 22 December 2003 (EC REG). Accordingly the bank must not
pay a purchase price which exceeds the higher of price of the last
independent trade at the respective stock exchange and the highest current
independent bid on the stock exchange on which the purchase is carried out.
The bank must not acquire more than 25% of the average daily volume of
shares in one day on the stock exchange on which the purchase is carried
out. The average volume of shares is based on the average daily volume of
shares traded in the twenty trading days preceding the date of purchase.

The share buyback may be suspended and resumed at any time to the extent
permissible under the relevant legal provisions.


The transactions will be disclosed in compliance with the requirements of
Art. 4 (4) EC REG no later than at the end of the seventh trading day
following the date of execution of such transactions. Furthermore, HOCHTIEF
Aktiengesellschaft will regularly report on the progress of the share
buyback at www.hochtief.de.

Essen, June 14, 2013


HOCHTIEF Aktiengesellschaft
The Executive Board



14.06.2013 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:      HOCHTIEF Aktiengesellschaft
              Opernplatz 2
              45128 Essen
              Germany
Internet:     www.hochtief.de
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------