Rieter Movement

The Rieter Group embarked on a historic change of course in the

spring of 2011. Shareholders approved a proposal by the Board of

Directors to separate the group and for its two divisions,

engaged in the textile machinery and the automotive components

supply business respectively, to continue in operation as

independent, separately listed companies. Following the

completion of this separation, Rieter has become an industrially

focused supplier of machinery and components for short staple

fiber spinning mills. It pursues the operating business of the

former Rieter Textile Systems Division through two Business

Groups, Spun Yarn Systems and Premium Textile

Components. With the publication of figures for the

first half of 2011,Rieter is reporting for the first time in the

context of this new structure