DGAP-Stimmrechtsanteile: SAF-Holland S.A.

DGAP-PVR: SAF-Holland S.A.:Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] and Art. 8 and 9 of Transparency Law of Great-Duchy of Luxembourg

SAF-HOLLAND S.A.

23.03.2016 10:44

Dissemination of a Voting Rights Announcement, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------

ESMA/2015/1597

Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority) (i)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

SAF-HOLLAND SA

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights [ ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other (please specify) (iii):

3. Details of person subject to the notification obligation (iv):

Name: Deutsche Asset Management Investment GmbH

City and country of registered office (if applicable): Frankfurt am Main

4. Full name of shareholder(s) (if different from 3.) (v):

5. Date on which the threshold was crossed or reached (vi): 15.03.2016

6. Total positions of person(s) subject to the notification obligation:

% of voting % of voting rights Total of Total number rights attached through both in % of voting to shares (total financial (7.A + rights of of 7.A) instruments 7.B) issuer (vii) (total of 7.B.1 + 7.B.2) Resulting situation on the date on which threshold 4.90% 0.00% 4.90% 45361112 was crossed or reached

Position of previous 5.22% N/A 5.22% notification (if applicable)



7. Notified details of the resulting situation on the date on which the threshold was crossed or reached (viii):

A: Voting rights attached to shares



Class/type of shares Number of voting rights (ix) % of voting rights Direct Indirect Direct Indirect ISIN code (if possible) (Art 9 of (Art 10 of (Art 9 of (Art 10 of Directive Directive Directive Directive 2004/109/EC) 2004/109/EC) 2004/109/EC) 2004/109/EC) LU0307018795 N/A 2,221,026 N/A 4.90%

SUBTOTAL A 2,221,026 4.90%



B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/ 109/EC

Number of voting rights that may be Type of Expirat- Exercise/ acquired if the % of voting rights financial ion Conversion instrument is exer- instrument date (x) Period (xi) cised/ converted.

N/A N/A N/A N/A N/A

SUBTOTAL B.1 N/A N/A



B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC



Exercise/ Type of Expiration Conversion Physical or Number of % of financial date(x) Period(xi) cash voting voting instrument settlement(xii) rights rights

N/A N/A N/A N/A N/A N/A

SUBTOTAL B.2 N/A N/A



8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[X] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s)holding directly or indirectly an interest in the (underlying) issuer. (xiii)

[ ] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (xiv):



% of voting rights % of voting rights through financial in- Total of both if if it equals or is struments if it equals it equals or is Name xv higher than the or is higher than the higher than the notifiable threshold notifiable threshold notifiable threshold



9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional information (xvi):

Please note the last disclosure filed for SAF-Holland S.A. was in May 2014 under Deutsche Bank AG at 5.29% on behalf of Deutsche Asset & Wealth Management Investment GmbH (5.22%), DWS Investment S.A. (0.05%) and Oppenheim Asset Management Services S.à r.l. (0.02%)

A Declaration of Independence was filed for Deutsche Asset & Wealth Management Investment GmbH in August 2014 and an update filed in October 2015. Due to the Declaration of Independence Deutsche Asset & Wealth Management Investment GmbH files disclosures independently. There will be no disclosures filed under Deutsche Bank AG following clarification with the regulator.

Please also note that as of 17th March 2016, Deutsche Asset & Wealth Management Investment GmbH was renamed as Deutsche Asset Management Investment GmbH

Done at London on 22 March 2016.



23.03.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: SAF-HOLLAND S.A. 68-70, boulevard de la Pétrusse L-2320 Luxembourg Grand Duchy of Luxembourg Internet: www.safholland.com End of Announcement DGAP News-Service ---------------------------------------------------------------------------