DGAP-News: OHB SE

DGAP-News: OHB SE: CGS signed the conversion contract for the realization of the MWI instrument for the European MetOp-SG weather satellites

DGAP-News: OHB SE / Key word(s): Incoming Orders OHB SE: CGS signed the conversion contract for the realization of the MWI instrument for the European MetOp-SG weather satellites

16.08.2016 / 09:32 The issuer is solely responsible for the content of this announcement.

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CGS SpA Compagnia Generale per lo Spazio, a subsidiary of the listed technology group OHB SE (Prime Standard, ISIN: DE0005936124) and Airbus Defence and Space GmbH have signed the contract for the realization of the MicroWave Imager (MWI) instrument for the MetOp Second Generation (SG) weather satellites. As a result, the overall value of the MWI contract is EUR 166 million. The contract follows a successful preliminary design activity, the selection of all subcontractors and the price conversion to firm fixed for the realization phase.

The MicroWave Imager is a sophisticated instrument that will be installed on board the Satellite B series and will allow to provide Europe's National Meteorological Services and by extension, the international users and Science Community with unprecedented and high-value data for meteorological and climate monitoring. CGS is responsible for the design and the development of the MWI instrument, from Phase B2 to the final in-orbit verification of three flight models, to be supplied to Airbus DS GmbH, the prime contractor of the MetOp-SG Satellite B.

"With the responsibility for this important instrument of these satellites, CGS confirms its role as expert for sophisticated space-systems", said Roberto Aceti, Managing Director of CGS, and complemented, "we are delighted to contribute to the success of the MetOp-Second Generation project. The scientific information that will be provided by the MicroWave Imager with extremely high radiometric accuracy will lead to an outstanding improvement of weather forecasts and a better understanding of climate changes."

The MetOp-SG satellites will constitute the space segment of the EUMETSAT Polar System Second Generation (EPS-SG) programme that consists of two series of satellites, the so-called "Satellite A" and "Satellite B" fleet, with a nominal baseline of three units each. MetOp-SG satellites are developed as a cooperative undertaking between the European Space Agency (ESA) and the European Organisation for the Exploitation of Meteorological Satellites (EUMETSAT).

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About CGS:

CGS SpA - Compagnia Generale per lo Spazio is a leading company in Italy in the field of space systems design, development and integration. The company is part of the listed space and technology group OHB SE that currently employs more than 2100 people in two business units: "Space Systems" and "Aerospace and Industrial products". Founded in 1981 CGS has its headquarters in Milan.



Contact: Investor Relations Martina Lilienthal Tel.: +49 421 - 2020-720 Fax: +49 421 - 2020-613 E-Mail: martina.lilienthal@ohb.de

Corporate Communications Martin Stade Tel.: +49 421 - 2020-620 Fax: +49 421 - 2020-9898 E-Mail: martin.stade@ohb.de

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16.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language: English Company: OHB SE Karl-Ferdinand-Braun-Str. 8 28359 Bremen Germany Phone: +49 (0)421 2020 8 Fax: +49 (0)421 2020 613 E-mail: ir@ohb.de Internet: www.ohb.de ISIN: DE0005936124 WKN: 593612 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------

492959 16.08.2016