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Acquisition of trans-o-flex

Acquisition of trans-o-flex

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Expected timeline for the <strong>trans</strong>action<br />

Until Dec-2006 In Dec-2006 2008/2009<br />

30 October 2006<br />

Announcement <strong>of</strong> the<br />

<strong>trans</strong>action (30-Oct-2006)<br />

Application for approval by<br />

antitrust authorities<br />

<strong>Acquisition</strong> <strong>of</strong> <strong>trans</strong>-o-<strong>flex</strong><br />

Closing:<br />

Transfer <strong>of</strong> 74.9%<br />

stake<br />

Payment <strong>of</strong> purchase<br />

price (74.9%)<br />

Consolidation <strong>of</strong><br />

<strong>trans</strong>-o-<strong>flex</strong><br />

Potential Execution <strong>of</strong><br />

options:<br />

Put option for seller<br />

in June 2008<br />

Call option for<br />

Austrian Post in May<br />

2009<br />

17

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