On July 16, 2008, a share purchase agreement was signed with United Technologies International Corporation, East Hartford, USA for the purpose of acquiring shares in a company domiciled in the Kingdom of Saudi Arabia. The terms of this share purchase agreement were amended on December 16, 2008. Under the provisions of the agreement, MTU Aero Engines GmbH will acquire 125,450 shares with a nominal value of 12,545,000 Saudi Arabian rial (SAR) corresponding to an interest of 19.3 % in the share capital of the Saudi Arabian company. Ownership of the shares is to be transferred after closing, probably at the end of April 2009. MTU has no shareholder rights or other rights of control until the date of transfer of ownership.