Takeover offer by Hörmann Funkwerk Holding GmbH to the shareholders of Funkwerk AG

Kölleda, 17 June 2014 - Funkwerk AG, Kölleda, today received notification from its majority shareholder Hörmann Funkwerk Holding GmbH, Kirchseeon, Germany, that Hörmann Funkwerk Holding GmbH intends to make a voluntary public purchase offer for shares in Funkwerk AG to outside shareholders.

The details can be found in the offer document, which is available on the website of the Hörmann Group (www.hoermann-gruppe.de) under the heading „Acquisition Offer Funkwerk 2014“. The offer price is EUR 2.55 per share of Funkwerk AG; this includes a premium of approximately 10 per cent over the volume-weighted average price of the shares of Funkwerk AG during the last three months. The acceptance period begins on 19 June 2014 and is expected to end on 10 July 2014. Shareholders are requested to refer to the offer document for details.

The shares of Funkwerk AG are included in the open market segment m:access of the Munich Stock Exchange and are therefore not admitted to trading on an organised market within the meaning of Section 1 (1) of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz - WpÜG). The purchase offer of Hörmann Funkwerk Holding GmbH, Kirchseeon, Germany, is a public purchase offer to which the provisions of the WpÜG are not applicable. Shareholders are requested to make their decision on whether to accept the offer after careful examination of the offer document.