Saurer Purchases Fincarde

Switzerland-based Saurer Management
AG has acquired the entire capital of Italy-based textile machinery manufacturer Fincarde Group,
making Saurer a source for complete lines for carded nonwovens.

Fincarde, which was created in 2002 when Octir and FOR merged and has a turnover of
approximately 13 million euros, will become part of Saurer’s Neumag business.

Additionally, Saurer has increased its ownership in Germany-based Autefa automation GmbH by
9 percent to 60 percent. Autefa manufactures packing systems and automation solutions for fiber
production and processing.

With the technologies of Fincarde, Autefa and Austria-based Dr. Ernst Fehrer AG, which
Saurer acquired in 2005, Saurer’s Neumag brand will be able to offer solutions for the entire
carded nonwovens process, the company reports.

March/April 2006