Ad – hoc Information

Vienna, 19 October 2011: ATB Austria Antriebstechnik Aktiengesellschaft (ISIN AT0000617832) accounces that as of today Dr. Matthias Schmidt as trustee of A-TEC INDUSTRIES AG (ISIN AT00000ATEC9) ("A-TEC") as trustee of the entire assets of A- TEC has sold and transferred 10,773,457 shares, corresponding to approx. 97.94%, in ATB Austria Antriebstechnik Aktiengesellschaft (ISIN AT0000617832) to Wolong Investment GmbH, a 100% subsidiary of the Chinese Wolong Group ("Wolong"), the above supported by the members of the management boards of A-TEC, Dr. Mirko Kovats, DI Christian Schmidt and Mag. Franz Fehringer, the latter two also for ATB Austria Antriebstechnik AG.

Contact:

Mag. Christina Klein
Tel.: +43 1 90250-240
E-Mail: klein@atb- motors.com