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Disclosure of shareholding pursuant to stock exchange act

Pfäffikon SZ, October 6, 2006 – According to a notification by Morgan Stanley and Co. International Limited, 20 Cabot Square, London, E14 4QW, United Kingdom, dated October 4, 2006, the voting rights in OC Oerlikon Corporation AG, Pfäffikon, held by the said company have dropped below the 5% threshold.

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