---------------------------... Amendment to the announcement of the decision to make a voluntary public takeover offer ( freiwilliges öffentliches Übernahmeangebot ) pursuant to section 10 para.

1 in conjunction with sections 29 para.1, 34 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG) Offeror:

GraceB S.à r.l. 46A, avenue J.F. Kennedy L-1855 Luxembourg Luxembourg registered with the Luxembourg Register of Commerce and Companies (Registre de Commerce et des Sociétés) under registration number B 179188 Target:

BWT Aktiengesellschaft today received the following notification :

On 19 October 2012, Aquivest GmbH published a mandatory offer in accordance with section 22 of the Übernahmegesetz (ÜbG – Austrian…ead article

In June, ANDRITZ acquired a further stake in Schuler AG shares amounting to just under 25 %.

On July 2, 2012, ANDRITZ published a voluntary public takeover offer for the remaining shareholders in accordance with Section 10, para.1, in conjunction with Sections 29 and 34, of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG), to acquire the remaining shares.

Via one of its German affiliates, ANDRITZ is offering the remaining Schuler AG shareholders also 20.00 EUR per share in cash.