The new order includes both EDM (electric discharge machines) as well as milling machines for a total value exceeding CHF 10 million. Delivery will be staged over the next few months. The contract is a follow-up of the January 2012 order for over 100 machines. All types to be delivered are high precision machines dedicated to the production of miniature parts for the electronics industry.

GF AgieCharmilles has been active in China for more than 20 years and commands a leading position in the Chinese market. China is today the largest market for machine tools and for GF AgieCharmilles its largest single market. GF AgieCharmilles currently operates two manufacturing plants as well as eight sales and service branches and employs more than 700 people in China, a quarter of its total workforce.

Corporate Profile Georg Fischer - "Adding Quality to People's Lives"

Georg Fischer focuses on its three core businesses GF Piping Systems, GF Automotive and GF AgieCharmilles. Founded in 1802, the company is headquartered in Switzerland and has 130 companies, 50 of them production facilities, in 30 countries. Its approximately 14,000 employees generated sales of 3.6 billion Swiss francs in 2011. The Corporation makes a direct contribution to the quality of life. Comfort, mobility and precision are the key market requirements that Georg Fischer satisfies with its products and services. You'll find further information at www.georgfischer.com.

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Georg Fischer AG, 8201 Schaffhausen/Switzerland Phone +41 (0) 52 631 26 77, Fax +41 (0) 52 631 28 63