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Rieter shareholders elect new members for BoDs

Apr '09
At the Annual General Meeting held on April 29, 2009, the shareholders of Rieter Holding Ltd. elected Michael Pieper, This E. Schneider, Hans-Peter Schwald and Peter Spuhler as new members of the Board of Directors for a three-year term of office. The meeting also confirmed the appointment of Dr. Jakob Baer for a further three years.

The Annual General Meeting of Rieter Holding Ltd. was attended by 1184 shareholders. They adopted all motions proposed by the Board of Directors and formally approved the annual report, the annual accounts, the consolidated financial statements for 2008 and the actions of the Board of Directors and the Group Executive Committee in the 2008 financial year.

The meeting elected Dr. Jakob Baer to the Board of Directors for a further three-year term of office and elected Michael Pieper, This E. Schneider, Hans-Peter Schwald and Peter Spuhler as new members of the Board of Directors. Dr. Ulrich Dätwyler, Dr. Rainer Hahn and Dr. Peter Wirth retire as directors.

Board of Directors stipulates terms of issue for shareholders' options
At a meeting already held on April 29, 2009, prior to the Annual General Meeting, the Board of Directors stipulated the terms of issue for shareholders' options, which were then announced at the conclusion of the Annual General Meeting, i.e. after the stock markets had closed. Options will be issued to shareholders free of charge in lieu of a dividend payment. Holders of Rieter shares on May 5, 2009, will be given the opportunity to purchase Rieter shares on attractive terms.

The exercise terms have been stipulated as follows by the Board of Directors:
• one shareholder's option will be allotted free of charge for each registered share
• 11 shareholders' options entitle the holder to purchase one share at a preferential price
• the price of a new share is 120 CHF (this corresponds to a discount of rather more than
30% compared with the closing price on April 28, 2009: 172.6 CHF)
• the exercise period commences on May 5, 2009, and ends on May 29, 2009, at 12.00 noon
• the shareholders' options will be listed and traded on the SIX Swiss Exchange

Rieter Management AG

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