Jena, 13.12.2012

Jenoptik is focusing further activities and strenthening the foundations required for a global group in order to boost profitability and better leverage potential synergy. The manufacture of optics in North America is being concentrated, the production of energy systems at two German sites combined. The group is maintaining its forecast for 2012.

Jenoptik is amalgamating sites with similar operations in the US and Germany, enabling further cost reductions and more flexibility in production. This will allow the Group to harness technological, production and administrative synergies. Both the improvement in the range of products and services for customers and the consolidation process will result in additional cost advantages. Specifically, the optimization measures will be applied in the Optical Systems division in the US and the Defense & Civil Systems division in Germany.

The Defense & Civil Systems division is reducing the number of its sites in Germany from four to three. With 916 employees, the division currently develops, manufactures and markets its products at the Wedel, Essen, Altenstadt and Jena locations in Germany, combining electrics/electronics, mechanical systems, laser sensors, infrared technology, optics, optoelectronics and software to produce complex components, systems and equipment. Today, energy system components for military vehicles and locomotives are manufactured at three of the four locations, i.e. in Wedel, Altenstadt and Essen. In order to boost the profitability and flexibility of the division in the future, production and development at the Essen site is due to be relocated to Wedel from next year. CFO Rüdiger Andreas Günther stresses that "following extensive analysis, it is not possible to sustainably operate four sites with partially overlapping competences." The proposed relocation process will help to consistently prepare for the necessary increased internationalization and technological streamlining. All 73 employees currently working in Essen will be offered equivalent positions at the Wedel site, discussion and consultation with the works council will begin soon.

With this consolidation, Jenoptik is simultaneously pursuing its strategic objective to offer customers integrated solutions from one source and steadily increase operational excellence. In the US, optics manufacturing activities will accordingly be intensified at the Jupiter site in Florida. In early 2013, production capacity there will be considerably extended to include manufacture of optical precision components. This increase in capacity particularly aims at benefiting the semiconductor equipment, defense & security, healthcare & life sciences and entertainment industries. Part of the activities at the US optics site in Easthampton (MA) will be transferred to Florida. This means that the Optical Systems division will manufacture at both the Jupiter and Huntsville sites in the US in future.

The Chairman of the Executive Board of JENOPTIK AG, Dr. Michael Mertin, sees these measures as "important steps toward the continued profitable development of the Group. The strengthening of the production and development sites in Wedel (Germany) and Jupiter (Florida, US) will both improve cost structures and boost manufacturing flexibility. We are also strategically priming ourselves to be in a position to optimally meet the rising customer demand for local content, which goes hand in hand with the planned further growth of our foreign business. For this, we need powerful local structures."

Information on the Wedel site of the Defense and Civil Systems division

ESW GmbH is the leading company in the Defense & Civil Systems division. At its headquarters in Wedel, it currently employs around 530 people. Alongside operations in the aviation and transport industries as well as in industrial and environmental engineering, defense technology is the key market for the division and thus also for ESW in Wedel. Key technical competences for ESW in Wedel include energy systems for vehicles, stabilization systems, radomes and composites. Its customers include renowned national and international systems houses and procurement authorities. In addition to developing and supplying equipment, the division also offers customers a full repair and spare parts service, documentation services and LCC support.

Information on the Jupiter site (US) of the Optical Systems division

Jenoptik has been developing, manufacturing and testing optical systems and modules for industrial, military and scientific applications at the Jupiter site for many years and employs 75 people there. Combining the production of optical components with the assembly and testing of integrated opto-mechanical systems and modules at one site provides considerable advantages. It allows Jenoptik to harmonize the production process in the US along the entire value chain faster and more efficiently and thus provide better support to customers. At the Jupiter site, Jenoptik has around 6,500 square meters of state-of-the-art production areas and office space, which will be enlarged by 800 square meters in early 2013. Alongside the Optical Systems division, the Defense & Civil Systems division is also represented at the site.

About the Jenoptik Group

As an integrated optoelectronics group Jenoptik operates in the five divisions Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions and Defense & Civil Systems. Its customers around the world mainly include companies in the semiconductor and semiconductor equipment manufacturing industry, automotive and automotive supplier industry, medical technology, security and defense technology as well as the aviation industry. The Group was created out of the former Kombinat VEB Carl Zeiss Jena in 1991, as a result of the German reunification. The Jenoptik Group headquarters are in Jena (Thuringia). In addition to several major sites in Germany Jenoptik is represented in nearly 70 countries. JENOPTIK AG is listed on the Frankfurt Stock Exchange and included in the TecDax index. The Group has more than 3,100 employees all over the world and generated sales of approx. 543 million euros in 2011.

Contact

Katrin Fleischer                        
JENOPTIK AG                            
Head of Investor Relations                   
Phone:+49 3641 65-2290                     
Email: katrin.fleischer@jenoptik.com

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