DGAP-Ad-hoc: KSB Aktiengesellschaft / Key word(s): Strategic Company Decision KSB Aktiengesellschaft: Change of legal form 12-Jan-2017 / 16:07 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Board of Management and Supervisory Board of KSB Aktiengesellschaft today resolved to prepare the company's conversion into a partnership limited by shares [Kommanditgesellschaft auf Aktien - KGaA]. The measure is aimed at broadening the company's financial and operative scope of action. The general partner [Komplementär] of the KGaA is planned to be organised in the legal form of a European Company (Societas Europaea - SE), in which the shareholders of Klein Pumpen GmbH would hold an indirect 100% participation. Klein Pumpen GmbH is the majority shareholder of KSB Aktiengesellschaft. The change of form would, in principle, not affect the legal position of the shareholders of KSB Aktiengesellschaft. The shareholders would hold the same number of no-par-value shares (ordinary shares or preference shares) in the KGaA as they do in KSB Aktiengesellschaft prior to the conversion. The two classes of shares and the total number of shares issued of each class of shares would remain unchanged. The resolution on the change of legal form is planned to be passed by the Annual General Meeting on 10 May 2017. Klein Pumpen GmbH has informed KSB Aktiengesellschaft that it supports the proposed structural change. --------------------------------------------------------------------------- 12-Jan-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: KSB Aktiengesellschaft Johann-Klein-Strasse 9 67227 Frankenthal Germany Phone: +49 6233 86-2020 Fax: +49 6233 86-3435 Internet: www.ksb.com ISIN: DE0006292030 WKN: 629203 Listed: Regulated Market in Dusseldorf, Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News Service --------------------------------------------------------------------------- 536029 12-Jan-2017 CET/CEST