SWX Swiss Exchange: The Shares Of Burckhardt Compression Holding Ltd. (BCHN) Open At CHF 95

Today, the shares of Burckhardt Compression Holding Ltd., a Swiss company involved in piston-compressor technology, were traded in the main market of the SWX Swiss Exchange for the first time. On Friday, an issue price of CHF 85 was determined, which is at the lower end of the previously specified price range of CHF 82 to CHF 98. The opening price on the SWX was CHF 95. This corresponds to a market capitalisation of CHF 323 million. Burckhardt Compression Holding Ltd. belongs not only to the SPI®, but also to the SPI EXTRA®.

According to the listing prospectus, of the 3,400,000 registered shares entered in the Commercial Register, 2,664,065 or 78.35 % of all outstanding shares were placed with the public.

Burckhardt Compression is a market leader in the area of piston-compressor technology and the only manufacturer to offer a complete range of Laby®s (labyrinth-piston), process-gas and hyper-compressors. Its compressors are used in a wide range of applications in the chemicals, petrochemicals, refinery, air decomposition and gas transportation and storage sectors. Two key factors for the company's success are its new-facility business and its global service network.

In March 2006, Burckhardt Compression Holding Ltd. had 638 employees. In the fiscal year 2005 (ending 31 March 2006), the company had generated a turnover of CHF 216.7 million and a net profit of CHF 21.3 million.