SAF-HOLLAND S.A.: SAF-HOLLAND S.A. decides to call an Extraordinary General Meeting

SAF-HOLLAND S.A.  / Key word(s): AGM/EGM

16.11.2010 16:31

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

At its regular meeting, the Board of Directors of SAF-HOLLAND S.A.,
Luxembourg, today decided to convene an Extraordinary General Meeting for
December 14, 2010. The Board of Directors will use the opportunity to
propose to the Company's shareholders increasing the SAF-HOLLAND S.A.'s
authorized share capital from its current amount of EUR 112,000.- to EUR
224,000.- consisting of 22,400,000 shares having a par value of EUR 0.01
each (of which EUR 18,649.- represented by 1,864,900 shares have been used
on 4 September 2008). The decision was made in order to provide the Company
with more flexibility and the ability to react swiftly when the market
conditions are favourable to the issue of new shares. The Board of
Directors will further propose to the Meeting that it authorizes the Board
of Directors to limit and/or suppress all or any preferential subscription
rights of existing shareholders when the Board uses the authorized share
capital. This is to be able to attract new and to motivate existing
investors and to strengthen the Company's equity base. SAF-HOLLAND S.A.
currently holds 20,702,275 ordinary shares with a subscribed share capital
of EUR 207,022.75. Invitations to the Extraordinary General Meeting will be
made available to the shareholders in accordance with applicable laws.

Board of Directors

Luxembourg, November 16th, 2010



Contact:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
barbara.zanzinger@safholland.de


16.11.2010 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:     English
Company:      SAF-HOLLAND S.A.
              68-70, boulevard de la Pétrusse
              L-2320 Luxembourg
              Luxemburg
Phone:        +49 6095 301 - 0
Fax:          +49 6095 301 - 260
E-mail:       info@safholland.de
Internet:     www.safholland.com
ISIN:         LU0307018795
WKN:          A0MU70
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Hamburg, München, Berlin, Düsseldorf, Stuttgart
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------