In the context of its ongoing adjustment and cost-cutting program and its concentration on core activities, Rieter has decided to dispose of this field of activity. This divestiture will allow the Automotive Systems division to focus even stronger on the core business
and to quickly reach the turnaround.

100% of the share capital of Idea Institute will be sold to Quantum Kapital AG, which will thus acquire the parent company in Italy as well as the branch office in China and the activities in Brazil. As an industrial investor, Quantum is ideally suitable to ensure the
sustainable development of the business.

Idea, with headquarters in Turin, has some 155 employees, about 130 of whom are based in Italy. The majority of them are highly qualified engineers, stylists and modelers. Most of Idea’s clients are European, but in recent years numerous contracts have been
handled for automobile manufacturers in the emerging economies.

Quantum Kapital AG is an investment company with an industrial emphasis, based in St. Gall, Switzerland. Quantum acquires and develops industrial companies in the manufacturing, trading and services sectors. It focuses on helping international groups to
concentrate on their core businesses by acquiring 100% ownership of companies in marginal sectors. Quantum will support Idea in its further advancement.

The Rieter Group operates internationally, developing and producing sophisticated systems solutions for the textile and automotive industries. In the 2009 financial year Rieter generated sales of 1 956 million CHF with some 12 700 employees worldwide. The Textile Systems Division accounted for 532 million CHF and the Automotive Systems Division for 1 424 million CHF of these total sales.