Quanmax AG: Quanmax AG: Successful Realization of Investor Participation and Capital

Quanmax AG  / Key word(s): Capital Increase24.11.2011 15:44Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Quanmax AG: Successful Realization of Investor Participation and CapitalIncrease at S&T AGQuanmax AG and grosso holding GmbH new majority shareholders of S&T  - Capital increase at S&T finished; equity increases after substantial    debt relief by 58 million Euro  - Consolidation of S&T AG by Quanmax AG with November 2011 leads to    forecasted sales of 150 million Euro. Net profit of 7 million Euro in    2011 expected.  - S&T profitable again in 2012    - Quanmax AG expects for 2012 sales about 300 million Euro and net profit    of 10 million EuroS&T receives a total of 24 million Euro from issuing new shares in twocapital increases. 16 million Euro thereof directly flow to the company'scash funds today. The capital increase was registered in the commercialregister after S&T has been granted the restructuring privilege bythe the Takeover Commission and the Austrian Monopolies and MergersCommission has given its approval. The core shareholders Quanmax AG andgrosso holding GmbH thus hold a total stake of approximately 70% in S&T.Both investors will acquire further shares in 2012 at an issue price of 8million Euro.Substantial debt relief was arranged with the financing banks and businesspartners to the amount of 42 million Euro.Sales will increase to 150 million Euro in 2011 due to the consolidation ofthe S&T Group as of November 2011. Quanmax expects net profit of 7 millionEuro for 2011.In 2012, group sales of Quanmax AG are estimated to cross 300 millionEuro with 10 million Euro net profit after minorities. S&T Groupshould become profitable in 2012, loss-generating business will be reduced.24.11.2011 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:     EnglishCompany:      Quanmax AG              Industriezeile 35              4021 Linz              AustriaPhone:        +43 (732) 7664 - 0Fax:          +43 (732) 7664 - 801E-mail:       ir@quanmax.agInternet:     www.quanmax.agISIN:         AT0000A0E9W5WKN:          A0X9EJListed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr              in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------