BAVARIA Industriekapital subsidiary Almec S.p.A. sells Rifometal S.p.A.

Munich 2007-11-21: Almec S.p.A., located in Nusco, Italy and since August 2007 a portfolio company belonging to BAVARIA Industriekapital AG, sells its aluminium manufacturer Rifometal S.p.A. to the Bruni-Group. Almec S.p.A. is a producer of aluminum die cast components, such as clutch and gear housings for the motor cycle and automobile industries. Almec supplies leading manufacturers such as Ford, Getrag, Fiat and Piaggio. Directly after the BAVARIA acquisition, Almec was given a new operating leadership and the company was strategically re-positioned. The successful sale of Rifometal now allows Almec to continue its technology developments and fully focus on its continued international growth. Managing Director Hans Magnus Andresen explains; "The quality improvement initiative we started at Almec is already giving us good returns. The company is now excellently positioned for future growth. We thus continue to see big potentials for this company. After the concluded Rifometal transaction, Almec can now devote its entire resources to the strategy of becoming a leader die cast supplier to the international automotive industry. Rifometal will continue to be a major raw material supplier to Almec." The group with its headquarter in Munich acquires companies with a strong market position and the potential to increase profits. BAVARIA AG had sales revenue of EUR 333 million in fiscal year 2006 with an EBITDA of EUR 51 million and is listed in the Entry Standard at Frankfurt Stock Exchange (ISIN DE0002605557). For further information please contact: BAVARIA Industriekapital AG Frau Svea Tröster Investor Relation svea.troester(AT) Tel +49 (0)89 7298 967 20. --- End of Message --- 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;