EANS-Adhoc: ALPINE Holding GmbH / Negotiations with financing partners and the shareholder / common understanding on further restructuring steps

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other/Company Information 17.06.2013

In order to meet the upcoming liquidity needs, an overall concept of measures regarding the restructuring of the ALPINE group has been exposed during today's meeting with the financing partners.

In the opinion of the creditors a sustainable restructuring of ALPINE group cannot be conceived without a contribution of the bondholders.

The management remains confident, that based on the contributions of the financing partners and the shareholder, the turnaround of the company can be assured.

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(END) Dow Jones Newswires

   June 17, 2013 13:34 ET (17:34 GMT)- - 01 34 PM EDT 06-17-13