Bornheim, November 12, 2012. The Board of Management of Hornbach-Baumarkt-AG intends to prematurely redeem the corporate bond (ISIN: XS0205954778, WKN: A0C4RP), whose originally agreed term ran until November 15, 2014. Consistent with the contractually agreed termination options, from November 15, 2012 the redemption price amounts to 100.00%. The premature redemption must be announced in advance with a notice period of between 30 and 60 days.

Subject to approval by the Supervisory Board, the redemption amount, with a nominal value of ? 250 million, is to be refinanced by issuing a new long-term bond. The precise termination date will be fixed in the coming months depending on conditions on the capital market for new bond issues. The Board of Management reserves the right to waive its intention to terminate the bond in the event of unfavorable capital market conditions.

This debt restructuring measure is intended to strengthen the company's capital structure on more favorable terms in the long term. The funds will serve to finance further expansion. In particular, the company plans to maintain a supply of liquidity enabling it to act flexibly to exploit growth opportunities.

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