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

Kapfenberg (pta017/19.11.2014/14:00 UTC+1) 19 November 2014

Pankl Racing Systems AG announces, that pursuant to § 91 of the Austrian Stock Exchange Act ("BörseG") it was informed by Pierer Konzerngesellschaft mbH and Pierer Industrie AG as follows:
CROSS Industries AG has been holding 51.13% of the voting rights of Pankl Racing Systems AG (1,610,477 shares). CROSS Industries AG has been controlled by DI Stefan Pierer through Pierer Invest Beteiligungs GmbH, SP GmbH, PS GmbH and Pierer Konzerngesellschaft mbH.
Pierer Invest Beteiligungs GmbH was merged with Pierer Industrie AG. The merger was registered with the companies register on 18 November 2014.

Pierer Konzerngesellschaft mbH
Pierer Konzerngesellschaft mbH has informed Pankl Racing Systems AG, that due to the merger of Pierer Invest Beteiligungs GmbH with Pierer Industrie AG, the voting rights of PS GmbH and SP GmbH in relation to shares of Pankl Racing Systems AG, which so far could be exercised indirectly through Pierer Invest Beteiligungs GmbH and CROSS Industries AG, have decreased to zero on 18 November 2014.
The voting rights of DI Stefan Pierer and Pierer Konzerngesellschaft mbH in relation to shares of Pankl Racing Systems AG, which so far could be exercised indirectly through Pierer Invest Beteiligungs GmbH, PS GmbH, SP GmbH and CROSS Industries AG, can now be exercised indirectly through Pierer Industrie AG and CROSS Industries AG since 18 November 2014 and continue to exceed the threshold of 50% (1,610,477 shares).

Pierer Industrie AG
Pierer Industrie AG has informed Pankl Racing Systems AG, that due to the merger of Pierer Invest Beteiligungs GmbH with Pierer Industrie AG, its voting rights in relation to shares of Pankl Racing Systems AG, which can be exercised indirectly through CROSS Industries AG, have reached and exceeded the thresholds of 4%, 5%, 10%, 15%, 20%, 25%, 30%, 35%, 40%, 45% and 50% on 18 November 2014 and currently amount to 51.13% (1,610,477 shares).

For further information:
Investor Relations
Silke Pichler
Tel.: +43 3862 33 999 113
e-mail: ir@pankl.com
Internet: www.pankl.com

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Emitter:	Pankl Racing Systems AG Industriestraße West 4 8605 Kapfenberg Austria
Contact Person:	Silke Pichler
Phone:	+43(0)3862 33 999-113
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