DGAP-Adhoc

Schaeffler AG: Placement price set at EUR12.50 per share

Schaeffler AG / Key word(s): IPO

08.10.2015 16:29

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IPO of Schaeffler AG: Placement price set at EUR12.50 per share

Herzogenaurach, October 8, 2015 - Schaeffler AG (Schaeffler), together with
Schaeffler Verwaltungs GmbH and the Underwriters, has set the placement
price for the shares offered in connection with its IPO at EUR12.50 per
share. In total, 75 million common non-voting shares with preferred
dividend payments were placed with institutional investors. 66 million of
these shares result from a capital increase of Schaeffler and the remaining
9 million shares from the holdings of Schaeffler Verwaltungs GmbH.

Accordingly, gross proceeds will amount to approximately EUR938 million, of
which approximately EUR825 million will be attributable to Schaeffler from
the placement of the new shares. The proceeds from the placement will be
used to reduce indebtedness. The purpose of the transaction is to
sustainably improve the financial strength of Schaeffler and, thus, to
provide the basis for the continuation of the successful growth of the
Schaeffler Group achieved over the last years.

It is expected that Schaeffler's common non-voting shares with preferred
dividend payments will start trading on the regulated market (Prime
Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) on
October 9, 2015 and will have the ticker symbol SHA, the German Securities
Identification Number (WKN) SHA015 and the International Securities
Identification Number (ISIN) DE000SHA0159.

Contact:

Schaeffler AG
Christoph Beumelburg
Senior Vice President Communications, Marketing and Investor Relations
Tel.: [phone]
e-mail: [e-mail]

Forward-looking statements and projections

Certain statements in this release are forward-looking statements. By their
nature, forward-looking statements involve a number of risks, uncertainties
and assumptions that could cause actual results or events to differ
materially from those expressed or implied by the forward-looking
statements. These risks, uncertainties and assumptions could adversely
affect the outcome and financial consequences of the plans and events
described herein. No one undertakes any obligation to publicly update or