SÜSS MicroTec's Successful Capital Increase

SÜSS MicroTec's Successful Capital Increase

START_OF_TAGbEND_OF_TAGSÜSS MicroTec's Successful Capital IncreaseSTART_OF_TAG/bEND_OF_TAGSTART_OF_TAGBREND_OF_TAGSTART_OF_TAGBREND_OF_TAGMunich, 16. January 2002 - SÜSS MicroTec AG, Garching, today successfully placed via a private placement to institutional investors outside the US, underwritten by Morgan Stanley, 1,130,000 no par value shares without pre-emptive rights at a price of Euro 30.5 per share. The Management Board of Süss MicroTec AG, with the consent of the Supervisory Board, resolved today to increase the Company's share capital by Euro 1,130,000 through the issue of 1,130,000 no par value shares out of the Authorized Capital. The Company granted a customary Greenshoe Option to the underwriter to be sourced by an additional capital increase. Upon registration, the Company's share capital will amount to Euro 14,932,484 consisting of 14,932,484 shares. The Company expects to receive new funds of approx. Euro 33m which are intended to be used for smaller acquisitions and for some debt repayment. The acquisition focus will be on companies which provide new technologies or innovative products and are currently available at very interesting conditions.START_OF_TAGBREND_OF_TAGSTART_OF_TAGBREND_OF_TAGThe private placement will be settled with investors on or about January 18, 2002, using shares lent by existing investors, due to the time required to obtain the registration of the new shares with the commercial register and admission to listing on the Frankfurt Stock Exchange of the newly issued shares. START_OF_TAGBREND_OF_TAGUpon completion of the registration and admission to listing, the Company will receive the proceeds of the offering and the newly issued shares will be applied to reinstate existing investors.START_OF_TAGBREND_OF_TAGSTART_OF_TAGBREND_OF_TAGContact: Süss MicroTec AG, Barbara v. Jan, Investor RelationsSTART_OF_TAGBREND_OF_TAGTel.: +49-89-32007314, email: b.jan@suss.de