München, Germany, Mar 26, 2008 - (ABN Newswire) - Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



The sale of the manufacturing and other financial assets of Fonderie Aluminium de Cléon (FAC) to Renault has been approved unanimously by the two companies' workers' council meeting. Renault and FAC signed a binding framework agreement for this asset transfer on 21 March 2008. FAC delivers transmission housings and engine blocks to Renault, PSA and Getrag Ford. BAVARIA acquired the foundry at the end of 2007 as a part of the takeover of three French entities from Teksid SA in Luxembourg.

BAVARIA Industriekapital AG's 2006 revenues were EUR 333 million, with an EBITDA of EUR 51 million. The company is listed in the Entry Standard on the Frankfurt Stock Exchange (ISIN DE0002605557). Headquartered in Munich, this industrial group invests in companies with strong market positions and a potential to improve profits.

For further information please contact:

BAVARIA Industriekapital AG Frau Svea Tröster Investor Relations svea.troester@baikap.de Tel +49 (0)89 7298 967 20.

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BAVARIA Industriekapital AG Bavariaring 18 München Germany

WKN: 260555; ISIN: DE0002605557; Listed: Entry Standard in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;

Copyright © Hugin AS 2008. All rights reserved.

BAVARIA Industriekapital AG

http://www.baikap.de

ISIN: DE0002605557

Stock Identifier: XFRA.B8A

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