Date: 2013-08-01

Schaeffler places senior secured notes of 1.25 billion Euro

Volume upsized from #8364;1 billion to #8364;1.25 billion
Two tranches with maturities of five to eight years in Euro and US-Dollar
Proceeds to be used to prepay existing bank debt
Today, Schaeffler AG successfully placed #8364;1.25 billion of senior secured bonds on the international capital markets. The originally envisaged issue size of #8364;1 billion was increased by #8364;250 million.

The issue consists of one Euro tranche and one US-Dollar tranche. The Euro tranche has a volume of #8364;600 million with a maturity of five years and a coupon of 4.25 percent. The US-Dollar tranche totals $850 million with a maturity of eight years and a coupon of 4.75 percent.

The bonds will be issued by Schaeffler Finance B.V. and guaranteed by Schaeffler AG as well as by selected subsidiaries. They will be listed on the Euro MTF market of the Luxembourg Stock Exchange. Standard & Poor

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