SAF-HOLLAND Plans to Go Public This Summer

BESSENBACH, Germany, June 27 --

- World-leading Supplier of Key Components and Systems to the Truck and Trailer Industry Seeks Prime Standard Listing

- Company Benefits From Worldwide Growth in Transportation Volumes

- Morgan Stanley to Lead IPO as Sole Global Coordinator and Sole Bookrunner

- Rudi Ludwig, CEO SAF-HOLLAND: "We will use the IPO proceeds to continue pursuing our successful growth strategy."

SAF-HOLLAND S.A., Luxembourg, the supplier of key components and systems to the truck and trailer industry, plans to go public on the Frankfurt Stock Exchange this summer with a listing in the Prime Standard segment. Morgan Stanley will lead manage the IPO as sole bookrunner. Sal. Oppenheim has been named as joint lead manager, and HSBC Trinkaus & Burkhardt and Société Générale are co-lead managers.

Otto Sauer Achsenfabrik GmbH (SAF), with its headquarters in Bessenbach, near Frankfurt, merged in December 2006 with the U.S. based Holland Group, Inc. (HOLLAND), a company of roughly the same size and a leading manufacturer of fifth wheel couplings and other truck and trailer components. The IPO of the merged entity is intended to accelerate the growth of the combined company, especially in fast-growing markets such as China, Brazil and Eastern Europe. "We have established outstanding market positions in the North American and European markets in recent years," said Rudi Ludwig, CEO of SAF-HOLLAND. "The IPO will create the conditions for further growth, above all in the highly promising Brazilian, Russian, Indian and Chinese markets."

The company benefits from the transport and logistics industry's attractive and sustainable growth prospects due to worldwide growth in transportation volumes, particularly the increase in East-West road transport in Europe. "Due to a worldwide increase in freight transportation requirements we anticipate significant further growth in revenues and profits in the years ahead," Ludwig said.

In 2006, SAF-HOLLAND's pro-forma revenue totalled around EUR 770m. The company employs more than 3,100 people and has 20 locations on five continents. Pro-forma Adjusted EBIT amounted to around EUR 65m. The company's products range from premium trailer axle systems, fifth wheels and king pins to trailer couplings and landing legs for articulated trucks employing leading-edge technology for highest performance. "Our products are characterised above all by high reliability, low life cycle costs, and low weight, all of which are key purchasing criteria in the logistics industry," Ludwig said.

SAF-HOLLAND has a broad and well diversified customer base. Its customers include most leading truck and trailer manufacturers. The company's worldwide service and distribution network is seen as a key competitive advantage. Its products are sold on six continents to original equipment manufacturers (OEMs), original equipment suppliers (OESs) and, directly or via the spare parts market, to end users and service workshops.

The company is currently majority owned by the private equity fund Pamplona Capital Partners I, LP. The founding families and the management hold the remaining shares.

"This publication is neither an offer to sell nor an invitation to buy securities of any kind. The offering in Germany is solely via and on the basis of a prospectus that will be published subject to approval on the company's website and will be available free of charge from the company and the syndicate banks."

These materials are not an offer of securities for sale in the United States. The securities to which these materials relate have not been registered under the US Securities Act of 1933, as amended ("the Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. There will be no public offering of the securities in the United States. Not for publication or distribution in the United States, Canada, Japan or Australia.

"This document is only distributed to and aimed at (i) persons outside the United Kingdom or (ii) professional investors as per Article 19(5) of the Financial Services and Markets Act 2000 and the Financial Promotion Order 2005 (the "Order"), or (iii) high net wealth companies and other high net wealth persons as per Article 49(2)(a) to (d) of the Order (these persons jointly being termed "qualified persons"). All of the securities named herein are available only to qualified persons and any invitation, offer or agreement to subscribe to, buy or otherwise acquire them is made only to qualified persons. Persons who are not qualified persons should on no account act with regard to or in confidence in this information or its contents."

    
    Media Contact:
    Mirko Wollrab, CNC AG
    +49-172-673-3826
    mirko.wollrab@cnc-communications.com

Media Contact: Mirko Wollrab, CNC AG, +49-172-673-3826, mirko.wollrab@cnc-communications.com