Pankl Racing Systems AG: Announcement according to § 93 para 2 Austrian Stock Exchange Act

Pankl Racing Systems AG

Kapfenberg (pta010/23.12.2013/17:00 UTC+1) Pankl Racing Systems AG announces, that pursuant to § 91 of the Austrian Stock Exchange Act ("BörseG") it was informed on 23 December 2013 by CROSS Industries AG, Pierer Konzerngesellschaft mbH (previously Pierer GmbH), Pierer Invest Beteiligungs GmbH and DI Stefan Pierer as well as by Dr. Rudolf Knünz, Knünz GmbH and Knünz Invest Beteiligungs GmbH as follows:

I. CROSS Industries AG / DI Stefan Pierer / Pierer Konzerngesellschaft mbH (previously Pierer GmbH) / Pierer Invest Beteiligungs GmbH

Facts

CROSS Motorsport Systems GmbH until now held 1,836,742 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 58.31%. CROSS Motorsport Systems GmbH is controlled by CROSS Automotive Holding GmbH, which is a fully owned subsidiary of CROSS Industries AG. CROSS Industries AG is controlled by DI Stefan Pierer through Pierer Invest Beteiligungs GmbH and Pierer Konzerngesellschaft mbH (previously Pierer GmbH).

CROSS Industries AG until now held 168,283 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 5.34%.

The voting rights of DI Stefan Pierer, Pierer Konzerngesellschaft mbH (previously Pierer GmbH) and Pierer Invest Beteiligungs GmbH held pursuant to § 91 BörseG through CROSS Industries AG (number of voting rights: approximately 5.34%; 168,283 shares), CROSS Automotive Holding GmbH and CROSS Motorsport Systems GmbH (number of voting rights: approximately 58.31%; 1,836,742 shares), exceeded the threshold of 50% (number of total voting rights: approximately 63.65%; 2,005,025 shares).

On 20 December 2013 CROSS Industries AG sold 168,283 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 5.34%. The execution of the contractual transaction has taken place on 23 December 2013.

On 20 December 2013 CROSS Motorsport Systems GmbH sold 226,265 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 7.18%. The execution of the contractual transaction has taken place on 23 December 2013.

Announcements pursuant to § 91 BörseG

CROSS Industries AG

CROSS Industries AG has informed Pankl Racing Systems AG, that due to the sale of 168,283 shares of Pankl Racing Systems AG its voting rights in Pankl Racing Systems AG, which can be exercised directly, on 23 December 2013 have fallen below the thresholds of 5% and 4% and have been reduced to zero (number of shares: 0).

The voting rights of CROSS Industries AG in Pankl Racing Systems AG, which can be exercised indirectly through CROSS Automotive Holding GmbH and CROSS Motorsport Systems GmbH (number of voting rights: approximately 51.13%; 1,610,477 shares) continue to exceed the threshold of 50% (number of total voting rights: approximately 51.13%; 1,610,477 shares).

DI Stefan Pierer / Pierer Konzerngesellschaft mbH (previously Pierer GmbH) / Pierer Invest Beteiligungs GmbH

The voting rights of DI Stefan Pierer, Pierer Konzerngesellschaft mbH (previously Pierer GmbH)and Pierer Invest Beteiligungs GmbH, which can be exercised indirectly through CROSS Industries AG, CROSS Automotive Holding GmbH and CROSS Motorsport Systems GmbH, continue to exceed the threshold of 50% (number of total voting rights: approximately 51.13%; 1,610,477 shares).

II. Dr. Rudolf Knünz / Knünz GmbH / Knünz Invest Beteiligungs GmbH

Facts

Unternehmens Invest Aktiengesellschaft untl now held 163,188 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 5.18%. Unternehmens Invest Aktiengesellschaft is controlled by Dr. Rudolf Knünz through Knünz GmbH and Knünz Invest Beteiligungs GmbH.

The voting rights of Dr. Rudolf Knünz, Knünz GmbH and Knünz Invest Beteiligungs GmbH held pursuant to § 91 BörseG through Unternehmens Invest Aktiengesellschaft exceeded the threshold of 5% (number of voting rights: approximately 5.18%; 163,188 shares).

On 20 December 2013 Unternehmens Invest Aktiengesellschaft acquired additional 144,600 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 4.59%. The execution of the contractual transaction has taken place on 23 December 2013.

On 20 December 2013 Knünz Invest Beteiligungs GmbH acquired 78,207 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 2.48%. The execution of the contractual transaction has taken place on 23 December 2013.

On 20 December 2013 Knünz Invest Beteiligungs GmbH acquired 171,741 shares of Pankl Racing Systems AG; this equals voting rights and a share capital participation in Pankl Racing Systems AG of approximately 5.45%. The execution of the contractual transaction has taken place on 23 December 2013.
Announcements pursuant to § 91 BörseG

Dr. Rudolf Knünz

Dr. Rudolf Knünz has informed Pankl Racing Systems AG, that due to the acquisition of 171,741 shares of Pankl Racing Systems AG his voting rights in Pankl Racing Systems AG, which can be exercised directly, on 23 December 2013 have exceeded the thresholds of 4% and 5% and amount currently to approximately 5.45% (number of shares: 171,741).

Dr. Rudolf Knünz has also informed Pankl Racing Systems AG, that his voting rights in Pankl Racing Systems AG, which can be exercised indirectly through Knünz GmbH (number of voting rights: 0%; 0 shares), Knünz Invest Beteiligungs GmbH (number of voting rights: approximately 2,48%; 78,207 shares) and Unternehmens Invest Aktiengesellschaft (number of voting rights: approximately 9,77%; 307,788 shares) on 23 December 2013 have exceeded the threshold of 10% and amount currently to approximately 12.25% (number of shares: 385,995).

The voting rights of Dr. Rudolf Knünz in Pankl Racing Systems AG which can be exercised directly (number of voting rights: approximately 5.45%; 171,741 shares) and indirectly (number of voting rights: approximately 12.25%; 385,995 shares) on 23 December 2013 have exceeded the thresholds of 4%, 5%, 10% and 15% and amount currently to approximately 17.71% (number of shares: 557,736).

Knünz GmbH

Knünz GmbH has informed Pankl Racing Systems AG that, due to the acquisition of 78,207 shares of Pankl Racing Systems AG by Knünz Invest Beteiligungs GmbH and due to the acquisition of additional 144,600 shares of Pankl Racing Systems AG by Unternehmens Invest Aktiengesellschaft, its voting rights in Pankl Racing Systems AG which can be exercised indirectly through Knünz Invest Beteiligungs GmbH (number of voting rights: approximately 2.48%; 78,207 shares) and Unternehmens Invest Aktiengesellschaft (number of voting rights: approximately 9.77%; 307,788 shares) on 23 December 2013 have exceeded the threshold of 10% and amount currently to approximately 12.25% (number of total shares: 385,995).

Knünz Invest Beteiligung GmbH

Knünz Invest Beteiligung GmbH has informed Pankl Racing Systems AG that, due to the its acquisition of 78,207 shares of Pankl Racing Systems AG and due by the acquisition of additional 144,600 shares of Pankl Racing Systems AG by Unternehmens Invest Aktiengesellschaft, its voting rights in Pankl Racing Systems AG which can be exercised directly (number of voting rights: approximately 2.48%; 78,207 shares) and indirectly through Unternehmens Invest Aktiengesellschaft (number of voting rights: approximately 9.77%; 307,788 shares) on 23 December 2013 have exceeded the threshold of 10% and amount currently to approximately 12.25% (number of total shares: 385,995).

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Emitter:	Pankl Racing Systems AG Industriestraße West 4 8605 Kapfenberg Austria
Contact Person:	DI (FH) Brigitte Putz
Phone:	+43(0)3862 33 999-317
E-Mail:	ir@pankl.com
Website:	www.pankl.com
ISIN(s):	AT0000800800 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade); Free Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Stuttgart