DGAP-Adhoc

HOCHTIEF Aktiengesellschaft: HOCHTIEF decides to conduct Share Buyback

HOCHTIEF Aktiengesellschaft / Key word(s): Share Buyback

13.06.2013 21:38

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

The Executive Board of HOCHTIEF Aktiengesellschaft decided to start a share
buyback programme. Up to 4,313,000 no-par value shares in HOCHTIEF
Aktiengesellschaft (approx. 5.6% of the Company's share capital) for a
total purchase price (not including incidental acquisition costs) of up to
EUR 260,000,000 shall be bought back by HOCHTIEF Aktiengesellschaft. The
purchase of the shares shall be conducted via the stock exchange. The
shares that are bought back may be used for any purpose set forth in the
authorization resolution of the Annual General Meeting of May 7, 2013.

The share buyback programme is based on the authorization of the Annual
General Meeting of May 7, 2013, to launch a share buyback programme for
shares in the amount of up to 10% of the company's share capital until May
6, 2018. The purchase price per share (not including incidental acquisition
costs) may not be more than 10% above or below the arithmetic mean of the
prices of no-par value shares of HOCHTIEF Aktiengesellschaft in the closing
auction in XETRA trading (or an equivalent successor system) on the
Frankfurt Stock Exchange during the last ten stock market trading days
preceding the conclusion of the obligating transaction.

The buyback will be carried out in the period between June 17, 2013 and
December 13, 2013 by a bank to be commissioned by the Company and in
accordance with Art. 4 to 6 of the Directive (EC) No 2273/2003 of the
Commission of December 22, 2003.


13.06.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: HOCHTIEF Aktiengesellschaft
Opernplatz 2
45128 Essen
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.hochtief.de
ISIN: DE0006070006
WKN: 607000
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München; Freiverkehr in Hannover,
Stuttgart; Terminbörse EUREX

End of Announcement DGAP News-Service

---------------------------------------------------------------------------