Danfoss A/S to Launch Cash Tender Offer to Acquire Remaining Public Minority Stake in Sauer-Danfoss Inc.

NEW YORK, NY--(Marketwire - December 22, 2009) - Danfoss A/S ("Danfoss") announced today that, through its wholly owned subsidiary Danfoss Acquisition, Inc., it intends to launch a cash tender offer (the "Offer") for all of the outstanding shares of common stock of Sauer-Danfoss Inc. ("Sauer-Danfoss") (NYSE: SHS) not already owned by Danfoss and its subsidiaries. Danfoss and its subsidiaries currently own a stake of approximately 75.7% in Sauer-Danfoss.

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