Information about director's dealing in compliance with §15a WpHG

On 1 July 2002, the Fourth Financial Market Promotion Law with modifications of the Stocks and Shares Trading Law (WpHG) came into force. This stipulates that Members of the Board and the Supervisory Board must report purchasing and selling R. STAHL AG shares promptly. Since the Investor Protection Improvement Law came into force on 30 October 2004, the § 15a WpHG has been reformulated and considerably extended. Any purchase or sale of R. STAHL AG shares by a person with executive responsibilities in R. STAHL AG is notifiable and must be made public by us if the total value of the transaction(s) should exceed €5,000 within a calendar year. This includes also transactions by persons with close connections to the above group such as spouses or registered partners, children receiving maintenance and other relatives living in the same household for at least 12 months, and legal entities if they are controlled by one of the above persons.

At this point we wish to fulfil our legal obligation and provide a summary of the notifiable dealings regarding R. STAHL AG.