Wienerberger AG

Exchange offer for 2007 hybrid bond

Adhoc announcement according to article 48d section 1 BörseG

Vienna (pta023/02.09.2014/19:15) - Limited offer to exchange the hybrid bond issued in 2007 for a new hybrid bond (exchange ratio 1:1) - Exchange volume of up to Euro 300 million - Offer period: September 4, 2014 to September 26, 2014 (at 3 pm CET) - Coupon: 6.5% up to February 9, 2017, thereafter 5.00% up to February 9, 2021 (first call option by Wienerberger AG)

Wienerberger AG has announced an offer to all owners of the hybrid bond issued in February 2007 (ISIN: DE000A0G4X39) to exchange their certificates at a 1:1 ratio for a new hybrid bond. This offer is based on an exchange offer memorandum and a capital market prospectus, which is expected to be approved by the Austrian Financial Market Authority on September 3, 2014. This is an exclusive offer only to current owners of the hybrid bond 2007, whereby the exchange period and the volume are limited. Subscription is not open to new investors, the exchange period will run from September 4 to 26, 2014, at 3 pm CET. The maximum volume of the new hybrid bond is limited to Euro 300 million. With this transaction, Wienerberger intends to further improve its mid- and long-term financing structure.

Total volume of the hybrid capital issued by Wienerberger remains unchanged The current 2007 hybrid bond has a volume of Euro 500 million with a call option for Wienerberger AG on February 9, 2017. Whether or not the company decides to exercise such option will depend on strategic considerations and the economic environment in 2017. Heimo Scheuch, Chief Executive Officer of Wienerberger AG, explained: "Our goal is to reinforce our strong capital structure and balanced financing profile over the long-term. The offer to exchange the current hybrid bond for a new one will by no means change the total hybrid capital issued by Wienerberger or the Group's overall capital structure. Although we have not yet decided whether we will redeem the 2007 hybrid bond in 2017, we aim to increase our financial flexibility with this step. In addition, we are also offering the current hybrid bondholders an opportunity to extend their commitment at attractive conditions in return for their longstanding trust in Wienerberger."