Leibinger family takes over shares in the TRUMPF Group from BWK-Maschinenbau Beteiligungsgesellschaft mbH

Ditzingen, September 29, 2003 – The Leibinger family has acquired all of the shares (11.6 percent) held by BWK-Maschinenbau Beteiligungsgesellschaft mbH (Stuttgart, Germany) in the TRUMPF Group.

This change in holdings is taking effect retroactively on July 1, 2003. Prof. Berthold Leibinger, President of the TRUMPF Group, and his three children are acquiring the shares from BWK in equal portions. The parties have agreed not to disclose the purchase price.

Now that BWK has relinquished its holdings, the Leibinger family holds 96.2 percent of all shares. The Berthold Leibinger Stiftung GmbH holds the remaining 3.8 percent. BWK has been a partner in the TRUMPF Group since 1992. After an extraordinarily successful more than ten-year collaboration, this change in holdings has taken place by mutual agreement and on the best of terms. The transaction is an ex-pression of the confidence that the partners have in the future of the company.

TRUMPF GmbH + Co. KG (www.trumpf.com)
The TRUMPF Group is one of the world`s leading companies in manufacturing technology, with sales of € 1.2 billion (fiscal year 2002/03) and approximately 5,800 employees. The four divisions – Machine Tools, Laser Technology, Electronics/Medical Technology, and Power Tools - are connected under the umbrella of the TRUMPF Group holding company. The company, headquartered in Ditzingen near Stuttgart, Germany, is the world market leader and the technological leader in the area of industrial lasers and laser systems. With 40 subsidiaries and facilities, the TRUMPF Group is present in almost every European country, in North and South America, as well as in Asia. Production facilities are located in Germany, France, Austria, Switzerland, Taiwan and the United States.

BWK GmbH Unternehmensbeteiligungsgesellschaft (www.bwk.info)
The BWK, Stuttgart, is among Germany’s biggest equity participation companies with a portfolio of 29 holdings in medium-sized companies. The invested capital amounts to € 530 million. BWK is the majority shareholder in the BWK Maschinenbaubeteiligungsgesellschaft mbH