Press Releases 2002

July 15, 2002
Takeover bid made to all shareholders of Rheinhold & Mahla AG

Bilfinger Berger AG has addressed a voluntary public takeover bid to all shareholders of Rheinhold & Mahla AG. It has already secured 82% of the shares and is aiming for a total takeover of the company.

Bilfinger Berger is offering Euro 13 per Rheinhold & Mahla AG share. The acceptance period for the offer runs from July 12 to August 30, 2002. Further details on the takeover bid can be found on the Internet at www.bilfingerberger.de.

Bilfinger Berger is focusing on expanding its services upstream and downstream of its core business of construction. The takeover of Rheinhold & Mahla represents another key step in Bilfinger Berger's evolution into a multi service group. With its rapid growth in services, this internationally organized service group has developed into a strong partner for industrial clients with very demanding needs. With 8,500 employees, Rheinhold & Mahla achieved a turnover of Euro 730 million in 2001. The company will make a favorable contribution to the Group earnings of Bilfinger Berger from the very outset - even after goodwill amortization.