Huf Improves Proposition to Ficosa

VELBERT, Germany - Huf Hülsbeck & Fürst GmbH & Co. KG made a significantly higher offer to Ficosa to take over the shares of the two subsidiaries in Spain and Portugal.

As negotiations slowed down during the summer months, Huf took a new initiative. Huf is highly interested to realise their 100-per-cent-strategy globally throughout all the companies of the Huf Group. This is also expressed clearly by the substantial increase of the offer.

Huf wishes - especially reflecting the interests of the employees of the two companies - to come to an agreement with Ficosa quickly, as they are interested to start with clear circumstances from the current difficult situation of the automotive industry into the next year.

For further Information: Huf Hülsbeck & Fürst GmbH & Co. KG Dipl. Oec. Ute J. Hoppe Director Corporate Communications Steeger Strasse 17 42551 Velbert Deutschland www.huf-group.com Tel. +49(0)2051-272-572 E-Mail: uhoppe@huf.de

Source: Huf Hulsbeck & Furst

For further Information: Huf Hülsbeck & Fürst GmbH & Co. KG, Dipl. Oec. Ute J. Hoppe, Director Corporate Communications, Steeger Strasse 17, 42551 Velbert Deutschland, Tel. +49(0)2051-272-572, E-Mail: uhoppe at huf.de