DGAP-Adhoc: BERU AG: Conclusion of a domination and profit

BERU AG / Miscellaneous/Dividend

17.03.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ludwigsburg, March 17, 2008 - Conclusion of a domination and profit
transfer agreement with BorgWarner Germany GmbH

BERU Aktiengesellschaft today entered into a domination and profit transfer
agreement with BorgWarner Germany GmbH, in which the latter is the
controlling entity. Under this agreement BorgWarner Germany GmbH will offer
to buy the shares currently held by external BERU shareholders in return
for a cash payment of EUR 71.32 per individual share pursuant to § 305 of
the Stock Corporation Act (Aktiengesetz). In the agreement BorgWarner
Germany GmbH guarantees those shareholders who wish to retain an interest
in BERU Aktiengesellschaft a compensatory payment of EUR 4.73 gross (net
currently EUR 4.23) per individual share for each complete financial year
pursuant to § 304 of the Stock Corporation Act.

These figures correspond to those determined by PricewaterhouseCoopers
(PwC) as reasonable compensation and payment in the valuation report
jointly commissioned by BERU Aktiengesellschaft and BorgWarner Germany
GmbH. The compensatory payment was based on the corporate value of BERU
Aktiengesellschaft as determined by PwC of EUR thousand 618,429. The cash
payment is the equivalent of the volume-weighted average BERU share price
for the three-month period up to 11 December 2007, the date on which the
planned domination and profit transfer agreement was announced.

The domination and profit transfer agreement is only valid if it has been
given the consent of the BERU Aktiengesellschaft shareholders' meeting. A
resolution to this effect is to be presented to the shareholders' meeting
of BERU Aktiengesellschaft scheduled for May 21, 2008.

Dividend proposal of financial year 2007

The BERU Aktiengesellschaft supervisory board has resolved to continue the
dividend policy of previous years, accept the Executive Board's proposal
and move that the BERU Aktiengesellschaft shareholders' meeting of May 21,
2008 give its consent to a dividend of EUR 1.10 per share. This represents
a total dividend pay-out of EUR 11.0 million. The 2006 dividend was also
EUR 1.10 per share.

BERU Aktiengesellschaft
Executive Board
DGAP 17.03.2008 
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Language:     English
Issuer:       BERU AG
              Mörikestr. 155
              71636 Ludwigsburg
              Deutschland
Phone:        +49 (0)7141 132-931
Fax:          +49 (0)7141 132-586
E-mail:       investor-relations@beru.de
Internet:     www.beru.de
ISIN:         DE0005072102
WKN:          507210
Listed:       Regulierter Markt in Frankfurt (General Standard), Stuttgart;
              Freiverkehr in Berlin, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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DGAP-Adhoc: BERU AG: Conclusion of a domination and profit transfer agreement and dividend proposal for the financial year 2007
