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Distributed: Oct 16, 2008

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Progress-Werk Oberkirch AG (OJ:PWO) Progress-Werk Oberkirch AG / Voting rights: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] Publication pursuant to §26 sect.1 WpHG (the German Securities Trading Act) processed and transmitted by Hugin. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



On October 15, 2008, Aviva plc, London, United Kingdom, has informed us on behalf of the companies listed below of the following according to section 21 paragraph 1 WpHG:

1. Delta Lloyd Europees Deelnemingen Fonds NV

On October 10, 2008, the stake of Delta Lloyd Europees Deelnemingen Fonds NV, Amsterdam, The Nederlands, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Delta Lloyd Europees Deelnemingen Fonds NV held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)). This notice is given pursuant to section 21 (1) WpHG.

2. Delta Lloyd Asset Management NV

On October 10, 2008, the stake of Delta Lloyd Asset Management NV, Amsterdam, The Nederlands, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Delta Lloyd Asset Management NV held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to Delta Lloyd Asset Management NV via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1 and no. 6 WpHG.

The controlled undertaking through which the voting rights are held is Delta Lloyd Europees Deelnemingen Fonds NV.

3. Delta Lloyd NV

On October 10, 2008, the stake of Delta Lloyd NV, Amsterdam, The Nederlands, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Delta Lloyd NV held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to Delta Lloyd NV via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1, no. 6 and sent. 2 and 3 WpHG.

The chain of controlled undertakings through which the voting rights are held is: Delta Lloyd Management NV and Delta Lloyd Europees Deelnemingen Fonds NV.

4. CGU International Holdings BV

On October 10, 2008, the stake of CGU International Holdings BV, London, United Kingdom, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, CGU International Holdings BV held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to CGU International Holdings BV via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1, no. 6 and sent. 2 and 3 WpHG.

The chain of controlled undertakings through which the voting rights are held is: Delta Lloyd NV, Delta Lloyd Asset Management NV and Delta Lloyd Europees Deelnemingen Fonds NV.

5. Aviva International Holdings Limited

On October 10, 2008, the stake of Aviva International Holdings Limited, London, United Kingdom, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Aviva International Holdings Limited held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to Aviva International Holdings Limited via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1, no. 6 and sent. 2 and 3 WpHG.

The chain of controlled undertakings through which the voting rights are held is: CGU International Holdings BV, Delta Lloyd NV, Delta Lloyd Asset Management NV and Delta Lloyd Europees Deelnemingen Fonds NV.

6. Aviva Insurance Limited
On October 10, 2008, the stake of Aviva Insurance Limited, Perth, Scotland, United Kingdom, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Aviva Insurance Limited held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to Aviva Insurance Limited via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1, no. 6 and sent. 2 and 3 WpHG.

The chain of controlled undertakings through which the voting rights are held is: Aviva International Holdings Limited, CGU International Holdings BV, Delta Lloyd NV, Delta Lloyd Asset Management NV and Delta Lloyd Europees Deelnemingen Fonds NV.

7. Aviva International Insurance Limited

On October 10, 2008, the stake of Aviva International Insurance Limited, London, United Kingdom, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Aviva International Insurance Limited held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to Aviva International Insurance Limited via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1, no. 6 and sent. 2 and 3 WpHG.

The chain of controlled undertakings through which the voting rights are held is: Aviva Insurance Limited, Aviva International Holdings Limited, CGU International Holdings BV, Delta Lloyd NV, Delta Lloyd Asset Management NV and Delta Lloyd Europees Deelnemingen Fonds NV.

8. Aviva Group Holdings Limited

On October 10, 2008, the stake of Aviva Group Holdings Limited, London, United Kingdom, in the voting rights in Progress-Werk Oberkirch AG, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Aviva Group Holdings Limited held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to Aviva Group Holdings Limited via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1, no. 6 and sent. 2 and 3 WpHG.

The chain of controlled undertakings through which the voting rights are held is: Aviva International Insurance Limited, Aviva Insurance Limited, Aviva International Holdings Limited, CGU International Holdings BV, Delta Lloyd NV, Delta Lloyd Asset Management NV and Delta Lloyd Europees Deelnemingen Fonds NV.

9. Aviva plc

On October 10, 2008, the stake of Aviva plc, London, United Kingdom, in the voting rights in Progress-Werk Oberkirch AG, Industriestraße 8, Oberkirch, Germany, exceeded the threshold of 5%. On that date, Aviva plc held 5.12% in relation to all voting rights in Progress-Werk Oberkirch AG (voting rights arising from 127,907 ordinary shares (Stammaktien)).

All such voting rights are attributed to Aviva plc via Delta Lloyd Europees Deelnemingen Fonds NV pursuant to section 22 (1) sent. 1 no. 1, no. 6 and sent. 2 and 3 WpHG.

The chain of controlled undertakings through which the voting rights are held is: Aviva Group Holdings Limited, Aviva International Insurance Limited, Aviva Insurance Limited, Aviva International Holdings Limited, CGU International Holdings BV, Delta Lloyd NV, Delta Lloyd Asset Management NV and Delta Lloyd Europees Deelnemingen Fonds NV.

Oberkirch, October 16, 2008

The Management Board

Progress-Werk Oberkirch AG Industriestraße 8 77704 Oberkirch Germany ir@progress-werk.de

--- End of Message ---

Progress-Werk Oberkirch AG Industriestrasse 8 Oberkirch Germany

WKN: 696800; ISIN: DE0006968001; Index: CLASSIC All Share, Prime All Share, CDAX; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München,

Freiverkehr in Börse Düsseldorf, Amtlicher Markt in Börse Stuttgart,

Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover;

Progress-Werk Oberkirch AG

http://www.progress-werk.de

ISIN: DE0006968001

Stock Identifier: XFRA.PWO



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