Dürr secures long-term financing

07/06/2004

With todays¥ closing, Dürr AG has successfully finalized the capital measures that it announced on June 9. With a corporate bond of Euro 200 million and a syndicated loan of Euro 400 million, Dürr now has the aspired long-term financing structure.

The fixed-interest corporate bond will mature in 2011 and has a coupon of 9.75 %. The issue price stands at 96.3 %. The bond will be listed on the Luxembourg stock exchange. The syndicated loan has a term of five years and consists of a credit line of Euro 200 million and a guarantee facility of Euro 200 million.

The described transactions will serve, among other things, to refinance the syndicated loan arranged in February 2001 and are conducted by Deutsche Bank, Landesbank Baden-Württemberg, and Commerzbank.

Dürr AG has received company ratings of "BB-" from Standard & Poor's and "Ba3" from Moody's. The outlook for the ratings is "stable."

The Dürr Group is one of the world's leading suppliers of production systems and manufacturing support services for the automotive industry. In 2003, Dürr achieved sales of about Euro 2.3 billion with about 12,750 employees.

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This announcement does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein. The securities described herein have not been and will not be offered to the public in the United States or registered under the U.S. securities laws.

Forward-looking statements

This press release contains forward-looking statements. These statements reflect the current belief of Dürr¥s management as well as assumptions made by, and information available to, the Dürr Group. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual future results and developments could differ materially from those set forth in these statements due to various factors.These factors include, among others, changes in the general economic and competitive situation, particularly in Dürr¥s businesses and markets; changes resulting from acquisitions and the subsequent integration of companies; and changes resulting from restructuring measures. In addition, future results and developments could be affected by the performance of financial markets, fluctuations in exchange rates and changes in national and supranational law, particularly with regard to tax regulations. The company assumes no obligation to update forwardlooking statements.

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