DGAP-News: Braas Monier Building Group S.A.

DGAP-News: Braas Monier Building Group S.A.: The Braas Monier Board continues unanimously to reject the offer price of EUR 25

DGAP-News: Braas Monier Building Group S.A. / Key word(s): Offer Braas Monier Building Group S.A.: The Braas Monier Board continues unanimously to reject the offer price of EUR 25

14.10.2016 / 12:22 The issuer is solely responsible for the content of this announcement.

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Response to Standard Industries' Offer Document dated 14 October 2016

The Braas Monier Board continues unanimously to reject the offer price of EUR 25

Luxembourg, 14 October 2016. Today, Standard Industries published its offer document in relation to the public takeover offer for all outstanding shares in Braas Monier Building Group S.A. ("Braas Monier") for a cash consideration of EUR 25 per share.

The offer price is at a discount to the Braas Monier closing price on 13 October 2016 of EUR 26.26.

The Board of Directors of Braas Monier continues unanimously to recommend to reject the offer price of EUR 25 per share because it contains no customary premium for control; it does not reflect the value of the significant synergies which would accrue to Standard Industries by Braas Monier being part of the same group as Icopal; it is at a significant discount to the EBITDA multiple paid by Standard Industries for Icopal; and overall significantly undervalues the company and its future prospects.

The Board of Directors will not recommend the acceptance of an offer priced at EUR 25 per share and will further detail its recommendation not to accept this offer in its statement pursuant to section 27 (1) of the German Securities Acquisition and Takeover Act (WpÜG) (its "Reasoned Opinion") after a careful review of the offer document.

In the meantime, Shareholders are asked to continue their support of the Board of Directors and await publication of its Reasoned Opinion.

Enquiries: Braas Monier: Achim Schreck Director Group Communications / Investor Relations Tel: +49 6171 61 2859

Rothschild: John Deans Tel: +44 (0) 20 7280 5000

Scott Harris: Alice Squires Tel: +44 (0) 207 653 0030

CNC Communications: Harald Kinzler Tel: +49 69 5060 37579

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14.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language: English Company: Braas Monier Building Group S.A. 4, rue Lou Hemmer 1748 Senningerberg Grand Duchy of Luxembourg Internet: www.braas-monier.com ISIN: LU1075065190 WKN: BMSA01 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------

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