Lintec Computer AG

euro adhoc: Lintec Information Technologies AG
Capital measures
Ad hoc announcement by LINTEC Information Technologies AG (ISIN DE0006486004) in accordance with Section 15 German Securities Act: rescue package with capital increase

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 24.08.2005 After putting several restructuring measures (including boosting cost effectiveness and reducing legal risks) into effect, the main obstacle is the strained liquidity situation currently preventing LINTEC from taking on certain large orders. Over the past few months, LINTEC has been working closely and constructively with its bank, the Free State of Saxony and private equity companies to put together a rescue package that will clear this obstacle and grant LINTEC medium-term stability. This package includes a newly issued operating loan of EUR5 million partly guaranteed by the Saxon government along with an equity injection of at least EUR 1.5 million. The equity injection will take the form of a capital increase. Acting on the basis of his authority enshrined in Section 5(3) of the articles of association, on 23 August 2005 the CEO of LINTEC Information Technologies AG decided to make partial use of the authorised capital. This resolution was approved by the Supervisory Board on 23 August 2005. The nominal capital is currently EUR 2,150,000 divided into 2,150,000 nopar value shares. The plan is to raise this by up to EUR 2,293,334 to up to EUR 4,443,334 through capital contributions by issuing up to 2,293,334 nopar value shares each corresponding to a theoretical share of the nominal capital of EUR 1 at an issue price of EUR 1 per share. The capital increase will be accomplished through indirect subscription. Shareholders´ share options are excluded for fractional amounts. The subscription ratio is 15:16: ownership of 15 old shares grants entitlement to purchase 16 new ones. The new shares will be entitled to participate in profit sharing as of 1 January 2005. Application for the new shares to be listed on the Frankfurt Stock Exchange´s Regulated Market (Prime Standard) is expected to be submitted on 6 September 2005. If not all share options are exercised, Gebhard & Co. Wertpapierhandelsbank AG (based in Gräfelfing), which will be overseeing the transaction, may allocate unpurchased shares to company shareholders submitting a binding offer to buy additional new shares going beyond their subscription quota at the issue price. Any remaining shares which are not purchased or otherwise acquired are to be offered to selected investors at the issue price through private placement. The CEO will himself take part in the capital increase. The selected investors will endeavour to also involve themselves in LINTEC´s organisational activities. end of announcement euro adhoc 24.08.2005 08:08:38 -------------------------------------------------------------------------------- ots Originaltext: Lintec Computer AG Im Internet recherchierbar: Further inquiry note: LINTEC Information Technologies AG, Investor Relations, Tel: +49 (0)34298 71607, Fax: +49 (0)34298 71372, Email:, Web: Branche: Computing & Information Technology ISIN: DE0006486004 WKN: 648600 Index: Prime Standard, CDAX, Prime All Share, Technologie All Share Börsen: Frankfurter Wertpapierbörse / regulated dealing Berliner Wertpapierbörse / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade Börse Düsseldorf / free trade Niedersächsische Börse zu Hannover / free trade Bayerische Börse / free trade

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