Niederweningen, 23 December 2005

Bucher Industries is subscribing for shares issued by Jetter AG in a capital increase, raising its stake to 23%. Jetter AG will use the funds to finance its growth strategy.

Bucher Industries AG owns approximately 20% of Jetter AG based in Ludwigsburg, Germany, and will subscribe for another 143 000 shares at a price of EUR 14 with effect on 31 December 2005. This transaction will increase Bucher Industries’ stake in Jetter AG to 23.4%, raising EUR 2.0 million in capital for Jetter. Jetter will use the funds to finance the acquisition of Futronic GmbH, a German company owned by the French Saint Gobain Group. Details of the acquisition can be found in the press release issued by Jetter, see www.jetter.de.

Bucher Industries is a global technology group with leading market positions in specialty areas of mechanical and vehicle engineering. The company's operations include specialised agricultural machinery, municipal vehicles, wine and fruit juice production plant, hydraulic components, and production equipment for the glass container industry. Bucher Industries' shares are traded on SWX Swiss Exchange (SWX: BUCN).

Contact
Philip Mosimann, CEO
Roger Baillod, CFO
Phone +41 44 857 22 07