Disclosure pursuant to section 65 para 1 (4) Stock Corporation Act (AktG) in connection with sections 4 and 5 of the Disclosure Regulation 2002
The Company was authorized by resolution at the 32nd Annual General Meeting of RHI AG held on May 6, 2011 to acquire own shares pursuant to section 65 para 1 (4) Stock Corporation Act (AktG) in the amount of up to 12,000 (twelve thousand) shares of no par value, which corresponds to 0.03 % (zero point zero three percent) of share capital of the Company, at a maximum of the share price on the day of the exercise of the authorization to issue to employees, executives of the Company and to members of the management, executives and employees of associated companies within the framework of the “Employee Stock Ownership Plan 4 plus 1”. The acquisition authorization shall be valid for a term of 18 (eighteen) months from the day of the resolution.

On May 11, 2011, the Management Board took the decision to repurchase own shares monthly up to a maximum amount of 12,000 (twelve thousand) units in accordance with the volume of the monthly requirements by employees and executives of the Company as well as members of the management, executives and employees of associated companies, and to make them available to the above-mentioned persons within the framework of the “Employee Stock Ownership Plan 4 plus 1” as “bonus shares”. Within the framework of the “Employee Stock Ownership Plan 4 plus 1”, the Company offers the above-mentioned circle of persons one “bonus share” for every 4 (four) shares purchased.

With the present disclosure, the resolution of the Management Board is disclosed and the intended gratuitous transfer of own shares to the employees and executives of the Company and to members of the management, executives and employees of associated companies is made public:

The acquisition authorization of the Annual General Meetind was published on May 17, 2011 in the "Amtsblatt zur Wiener Zeitung".

The share buyback program begins on June 1, 2011 and ends at the latest on October 31, 2012. The share buyback program refers to bearer shares of no par value of the Company. The intended volume of the shares bought back is a maximum of 12,000 (twelve thousand) units, that is a maximum of
0.03 % (zero point three percent) of the Company’s share. The highest and lowest amount to be paid per share is the share price on the day the authorization is exercised.

The purpose of the buyback is the acquisition of shares via the stock exchange in order to issue shares to employees and executives of the Company and to members of the management, executives and employees of associated companies within the framework of the “Employee Stock Ownership Plan 4 plus 1”. The buyback program will have no impact on the listing of the shares of the Company. In accordance with section 5 para 4 Disclosure Regulation (VeröffentlV) 2002, the Company intends to fulfil its disclosure obligations according to sections 6 and 7 VeröffentlV 2002 by publishing the information on the website of the Company in the Internet (www.rhi-ag.com).

Vienna May 2011
The Management Board

Disclosure pursuant to section 7 of the Disclosure Regulation 2002 in connection with section 65 para 1 (4) Stock Corporation Act (AktG)
Details to the 4+1-share repurchase program