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Drive Systems wins CHF 600 million contract

Renewal of long term contract with global agricultural and off-highway
equipment manufacturer Drive Systems wins CHF 600 million contract Rivoli,
Italy - Pfffikon SZ, Switzerland - May 14, 2013 - Oerlikon's Drive Systems
Segment announces a long term contract worth up to CHF 600 million with a
major global agricultural and off-highway equipment manufacturer. The contract
covers high performances gears, shafts, crown-wheel and pinions, shifting
solutions and torque hub assemblies. The supply agreement also includes final
drives and transmissions. "This order demonstrates significant customer
confidence and extends our relationship into new businesses, applications and
geographies", said Heriberto Diarte, Segment CEO of Drive Systems.

The new agreement represents a renewal of Oerlikon's business with this
renowned equipment manufacturer that has been a customer for more than 50
years. The contract comprises new product development programs, new
applications, customer production network reorganization and the complete
outsourcing of certain products and production assets to Oerlikon. Under the
new contract, the Drive Systems Segment will also supply final drives and
transmissions specifically designed and manufactured for harvesting machinery
and equipment. The contract runs until the end of 2015 and will be fulfilled
by Oerlikon Drive Systems Segment production sites worldwide.

For further information please contact:

Burkhard Bndel                     Stella Roagna
OC Oerlikon Management AG          Oerlikon Graziano S.p.A.
Head of Group Communications & IR  Drive Systems Segment
T +41 58 360 96 02                 Head of Marketing & Communications Manager
F +41 58 360 98 02                 T +39 011 9570 206
pr@oerlikon.com                    F +39 011 959 1259
                                   stella.roagna@oerlikon.com

About Oerlikon

Oerlikon (SIX: OERL) is a leading high-tech industrial group specializing in
machine and plant engineering. The Company is a provider of innovative
industrial solutions and cutting-edge technologies for textile manufacturing,
drive, vacuum, coating, and advanced nanotechnology. A Swiss company with a
tradition going back over 100 years, Oerlikon is a global player with around
12 700 employees at around 160 locations in 34 countries and sales of CHF 2.9
billion in 2012. The Company invested in 2012 CHF 106 million in R&D, with
over 1 000 specialists working on future products and services. In most areas,
the operative businesses rank either first or second in their respective
global markets.

About Oerlikon Segment Drive Systems

Oerlikon Segment Drive Systems, with its brands Oerlikon Graziano and Oerlikon
Fairfield, is a leading worldwide provider of complete drive systems, gearing
solutions and transmission components, with a product portfolio providing
transmissions for high performance cars, complete solutions for
all-wheel-drive vehicles and agricultural tractors, as well as Torque-Hub
planetary drive for industrial machinery and off-highway mobile equipment. The
know-how and the capabilities allow the Segment to lead the full deployment of
a development program from conceptual and simulation phases to mass
production, for complete mechatronic driveline systems as well as for single
gearing components. With more than 80 years in the market of power
transmission, Oerlikon Segment Drive Systems is focused on Automotive,
Off-Highway and Industrial key markets. Excellent manufacturing, engineering
and innovative expertise have made both Company the "Global Drive Systems
Solutions Provider" of high-tech solutions in all mobility markets."

Media release (pdf)

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