14 February 2008
Ad hoc: HeidelbergCement announces terms of the capital increase
Following its resolution of 16 January 2008, the Managing Board of HeidelbergCement AG has resolved, with the approval of the Supervisory Board, the following terms to implement a cash capital increase out of the authorised capital: VEM Vermögensverwaltung GmbH, Dresden/Germany, a Merckle group company, will subscribe for 5 million new shares at a close to stock market subscription price of EUR 102.50 per share. By this capital increase, the company expects cash proceeds of EUR 512.5 million on 19 February 2008. The proceeds will be used to refinance current debts.
Heidelberg, 14 February 2008
The Managing Board
Ad hoc announcement pursuant to § 15 German Securities Trading Act (WpHG)