DGAP-News: HWA AG: Nasser Bin Khaled (NBK) Holding, Qatar, increased stake in HWA AG

HWA AG / Miscellaneous

15.04.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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HWA AG — Nasser Bin Khaled (NBK) Holding, Qatar, increased stake in HWA AG

Affalterbach, 15 April 2008 - Nasser Bin Khaled (NBK) Holding, Qatar,
informed HWA AG that they exceeded the threshold of 25 percent and are now
holding directly more than one quarter of the shares of HWA AG, according
to Section 20 para. 1 German Stock Corportation Act.



Contact: 

Hans-Jürgen Mattheis
HWA AG
Benzstraße 8
71563 Affalterbach
Phone: + 49/ (0) 7144/ 8717- 279
Fax: + 49/ (0) 7144/ 8718- 111
ir@hwaag.com
www.hwaag.com


Company profile  HWA AG

HWA AG was founded in 1998 as a spin-off from AMG, which was established in
1967 by Hans Werner Aufrecht as the Mercedes Benz customisation specialist.
Towards the end of 1998 Aufrecht sold a majority interest in AMG Motoren-
und Entwicklungsgesellschaft mbH, as it then was, to Daimler AG. In the
course of the disposal, motor racing, what is today the AMG-Mercedes team
in the German Touring Car Championship (DTM) and parts of the vehicles and
components business was spun off and transferred to HWA AG. In the motor
racing business, HWA AG acts as a full service provider to Daimler AG
Motorsport in the DTM. It is responsible for the whole process of
development and construction of the racing cars, including the motors,
together with all other activities involved in the racing team’s
operations. In its vehicles and components business, it develops and builds
cars and vehicle components for the automobile industry. Since 2003 HWA AG
has been producing and servicing racing engines for the Formula 3
Euroseries and the British Formula 3 Series. HWA AG currently has 223
employees in its Affalterbach works. In 2007 HWA AG had revenues of EUR
60.9 million and EBIT of EUR 9.1 million. Its net profit after interest and
taxes was some EUR 5.6 million. The Company has been listed on the
Frankfurt Stock Exchange in the Entry Standard segment since 19 April 2007.
DGAP 15.04.2008 
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Language:     English
Issuer:       HWA AG
              Benzstraße 8
              71563 Affalterbach
              Deutschland
Phone:        +49 (0)7144 87 17-279
Fax:          +49 (0)7144 87 18-111
E-mail:       ir@hwaag.com
Internet:     http://www.hwaag.com
ISIN:         DE000A0LR4P1
WKN:          A0LR4P
End of News                                     DGAP News-Service
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