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

Kapfenberg (pta018/28.04.2015/14:00 UTC+2) 28th April 2015

Pankl Racing Systems AG announces, that pursuant to § 91a and § 91 of the Austrian Stock Exchange Act ("BörseG") it was informed by BF HOLDING AG as follows:

CROSS Industries AG is currently holding approximately 51.79% of the voting rights of Pankl Racing Systems AG (1,631,477 shares). CROSS Industries AG is controlled by Pierer Industrie AG which it a fully owned subsidiary of Pierer Konzerngesellschaft mbH. Pierer Konzerngesellschaft mbH is controlled by DI Stefan Pierer.

In the annual shareholders' meetings of CROSS Industries AG and BF HOLDING AG held on 22 April 2015 it has been resolved to merge CROSS Industries AG as transferring company into BF HOLDING AG as receiving company. Controlling shareholder of BF HOLDING AG is Pierer Industrie AG. BF HOLDING AG currently holds 65,236 shares of Pankl Racing Systems AG; this equals to approximately 2,07% of the voting rights. The respective merger agreement has been signed on 22 April 2015.

BF HOLDING AG has informed Pankl Racing Systems AG, that due to the stipulation of the merger agreement since 22 April 2015 it holds an instrument pursuant to § 91a BörseG in order to acquire shares of Pankl Racing Systems AG upon registration of the merger of CROSS Industries AG into BF HOLDING AG with the company register. The voting rights in relation to shares of Pankl Racing Systems AG, which can be exercised pursuant to § 91a BörseG, therefore on 22 April 2015 have reached and exceeded the thresholds of 4%, 5%, 10%, 15%, 20%, 25%, 30%, 35%, 40%, 45% and 50% and currently amount to approximately 51.79% (number of shares: 1,631,477).

The execution of the transaction (Verfügungsgeschäft) for the acquisition of these 1,631,477 shares of Pankl Racing Systems AG will take place with the registration of the merger between CROSS Industries AG and BF HOLDING AG with the company register. The registration of the merger with the company register shall take place at the latest on 30 June 2015.

As of the execution of the merger (registration of the merger with the company register) the voting rights of BF HOLDING AG in Pankl Racing Systems AG, which can be exercised pursuant to § 91 BörseG, will increase from approximately 2.07% (number of shares: 65,236) to approximately 53.86% (number of shares: 1,696,713).

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