Ad hoc message Right Issue
On July 28, 2005 the General Meeting of SÜDZUCKER has approved an authorised capital up to 17,500,000 million Euro. On the base of this resolution, SÜDZUCKER has decided to make a right issue by issuing 14,565,662 new bearer shares with the subscription ratio 12:1 and a subscription price for the new bearer shares of 14.00 Euro. That means that a holder of each 12 shares has the right to subscribe for one new share. The new shares are entitled to dividend since March 1, 2005, that means fully for the business year 2005/06.
Thus the subscribed capital of SÜDZUCKER will be increased from Euro 174,787,946 by Euro 14,565,662 to Euro 189,353,608 by the issue of 14,565,662 new ordinary shares with an attributable par-value of 1.00 Euro each share.
The subscription period will run from September 1, 2005 to September 14, 2005. The subscription rights on the new shares will be traded from September 1, 2005 through September 12, 2005 at the Frankfurt Stock Exchange (ISIN DE000A0E95U0).
Mannheim, August 26th, 2005
This ad-hoc announcement does neither constitute an offer to sell nor a solicitation to buy securities in the United States of America (USA) or in any other jurisdiction, in which such offer or solicitation is prohibited or not approved.
The reader is encouraged to inform himself or herself about and to comply with such restrictions. An investment decision regarding the securities of SÜDZUCKER must be based exclusively on a prospectus that complies with the relevant provisions of the German securities laws. The subscription offer is made solely on the basis of the subscription offer and a prospectus that is expected to be approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) on August 29, 2005.
The information contained in this ad-hoc announcement may not be distributed outside of the Federal Republic of Germany, in particular not the USA, to «U.S. persons» - as defined in Regulation S under the U.S. Securities Act of 1933 - or to publications with a general distribution in the USA. Any breach of these restrictions could cause a violation of the securities laws of these jurisdictions, in particular the USA. The securities of SÜDZUCKER are not publicly offered outside of Germany, in particular not in the USA.