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LINDE TO BUILD NATURAL GAS TERMINAL FOR GASSCO IN EMDEN (ENG)


(The following press release from Linde was received by e-mail. It was not confirmed by the sender.)

20.03.2013 / 08:30

Linde to build natural gas terminal for Gassco AS in Emden (Germany)

- Contract volume: Approximately EUR 260 million

- Linde Engineering Dresden responsible for engineering, procurement and construction of terminal

- Important distribution hub for Norwegian gas in Germany

Munich, 20 March 2013 - The technology company The Linde Group has been awarded a contract to build a natural gas terminal in the town of Emden in northern Germany. The deal is worth around EUR 260 million. The contract was awarded by Norwegian state-owned company Gassco AS on behalf of Gassled joint venture.

'Norway is one of Germany's most important energy suppliers. The new natural gas terminal is a key milestone in securing future supplies of Norwegian gas to Germany,' explains Prof. Dr Aldo Belloni, Member of the Executive Board of Linde AG. 'We have a wealth of experience in handling natural gas. This project enables us to further promote the use of this environmentally sound fossil fuel.'

The new natural gas terminal will replace the 1977 Norsea Gas Terminal, which is currently being operated by Gassco. The terminal will distribute natural gas from Norwegian-owned gas fields in the North Sea to Germany.

The contract covers engineering, procurement and construction for the new terminal. The project is based on the front-end engineering design (FEED) provided by Gassco. The initial work will be carried out by Linde Engineering at the Group's site in Dresden. Construction will get underway in Emden in the autumn of 2013. The facility will be pre-assembled in modules to the greatest possible extent and put together at the construction site. The new natural gas terminal is set to go on stream at the end of 2015.

The Linde Group is a world-leading gases and engineering company with around 62,000 employees in more than 100 countries worldwide. In the 2012 financial year, Linde generated revenue of EUR 15.280 bn. The strategy of the Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment - in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at www.linde.com

Further information:

Media Relations Uwe Wolfinger Telephone: +49.89.35757-1320

Dr Thomas Hagn Telephone: +49.89.35757-1323 Investor Relations Dr Dominik Heger Telephone: +49.89.35757-1334

Lisa Tilmann Telephone: +49.89.35757-1328

End of Corporate News

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20.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English Company: Linde AG Klosterhofstraße 1 80331 München Germany Phone: +49.89.35757-01 Fax: +49.89.35757-1075 E-mail: info@linde.com Internet: www.linde.de ISIN: DE0006483001 WKN: 648300 Indices: DAX Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München, Stuttgart; Freiverkehr in Hannover; Terminbörse EUREX; SIX

End of News DGAP News-Service

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