DGAP-News: UNIWHEELS AG

DGAP-News: UNIWHEELS AG: New UNIWHEELS plant goes into operation (news with additional features)

DGAP-News: UNIWHEELS AG / Key word(s): Expansion UNIWHEELS AG: New UNIWHEELS plant goes into operation (news with additional features)

16.06.2016 / 11:00 The issuer is solely responsible for the content of this announcement.

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New UNIWHEELS plant goes into operation

- Production capacity rises by up to 2 million wheels annually

Bad Dürkheim, 16 June 2016: After just under one year's construction, the new UNIWHEELS plant in Stalowa Wola has gone into operation ahead of schedule. After successfully completing test operation in May, regular casting operations started at the beginning of June. Originally, the plant was scheduled to go into operation in August. At present, 250 employees are already producing wheels using the first low-pressure casting machines. The wheels are then finished using a process that is almost completely automated. In addition to standard wheel production, the new recruits are also being trained for the coming phase when the plant goes into full operation. Production should come to roughly 500,000 wheels by the end of the year.

At the beginning of the coming year, 400 full-time workers will produce up to 2 million wheels per year when the plant is in full operation, most of which will be shipped to customers in the German and European automobile industry. This will increase the total capacity and operating output of the Group by roughly 20%-25%, which translates into a total production volume of up to 10 million wheels per year. Likewise, the headcount of the group will rise to just under 3,000, of whom 75% are based in Poland and 25% in Germany. Based on the currently high utilization of available capacity and steadily rising demand that reaches into the coming years, UNIWHEELS assumes that the new plant will very quickly reach full capacity.

Dr. Karsten Obenaus, CFO of UNIWHEELS AG, states, "The new plant in Poland is financed primarily from the proceeds of the successful IPO of UNIWHEELS AG last spring. Approximately one quarter of the capital was subscribed by international institutional investors. With a volume of roughly EUR120 million, the IPO on the Warsaw stock market was the largest in Poland in the last two years."

"Now that the new plant has gone into operation, UNIWHEELS is currently evaluating locations for the construction of potentially another new plant to produce up to 2 million units. Feasibility studies are currently being drawn up and discussions held with the relevant key customers to identify the most suitable location for a potential new plant. The decision on a new plant is expected from management within the coming 12 months," reports Dr. Thomas Buchholz, CEO of UNIWHEELS AG.

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About UNIWHEELS:

The UNIWHEELS Group is one of the leading manufacturers of aluminum wheels for cars in Europe and is one of the few technology leaders worldwide in the aluminum wheel industry.

UNIWHEELS is Europe's third largest manufacturer of wheels supplying OEMs in the automobile industry and is the leading producer of alloy wheels for the aftermarket in Europe. The group's most well-known proprietary brands are ATS, RIAL, ALUTEC and ANZIO. Currently the group has three production plants of which two are in Poland (Stalowa Wola) and one in Germany (Werdohl). The new plant (No. 4) will go into operation in the middle of the year and increase the group's maximum annual production capacity by roughly 2 million wheels.

UNIWHEELS sees itself as one of the leading partners of the automotive industry for the optimum reduction of CO2 emissions by reducing the weight of alloy wheels. As well as weight-optimized construction methods, the following procedures are primarily used: Flow Forming, Lightforming, undercutting and forgecut.

In 2015 UNIWHEELS Group had with a sales volume of 7.8 million wheels EUR 436.5 million of revenues and an EBITDA of EUR 58.7 million. 2,539 employees worked for the Group.

Since 2015, UNIWHEELS AG is publicly listed on Main Market of Warsaw Stock Exchange. The UNIWHEELS stock is floated under security identification number A13STW, ISIN DE000A13STW4 and ticker symbol UNW.

For more information please contact:

Oliver Madsen Head of Investor Relations Email: o.madsen@de.uniwheels.com UNIWHEELS AG Gustav-Kirchhoff-Str. 10 67098 Bad Dürkheim Germany

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Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=GXSAHLLFFJ Document title: UNIWHEELS PM SOP Plant 4 E

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16.06.2016 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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471923 16.06.2016