ESCADA AG

EANS-Adhoc: ESCADA AG
Insolvency petition has been filed - Christian Gerloff, LL.D., has been appointed as preliminary insolvency administrator

-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Restructuring 13.08.2009 Munich, August 13, 2009 - Today the Board of Management of ESCADA AG filed an insolvency petition with the competent insolvency court the Municipal Court of Munich. The court decreed on August 13, 2009 at 12:00 a.m. the preliminary administration of the insolvent's assets and appointed Christian Gerloff, LL.D., Munich, as preliminary insolvency administrator. ESCADA AG's national and international subsidiaries are not initially affected by the insolvency of the parent company. Wherever subsidiaries are guaranteeing the fulfillment of the 2005/2012 bond, which applies on a case to case basis, restructuring and/or insolvency proceedings for these subsidiaries might be considered under the application of national laws. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: ESCADA AG Im Internet recherchierbar: http://www.presseportal.ch Further inquiry note: Investor Relations Yara Kes Tel.: +49 (0) 89 9944 1336 E-mail: yara.kes@de.escada.com Presse: Frank Elsner Kommunikation für Unternehmen GmbH Frank Elsner Tel.: +49 - 54 04 - 91 92 0 Email: info@elsner-kommunikation.de Branche: Clothing ISIN: DE0005692107 WKN: 569210 Index: CDAX, Classic All Share, Prime All Share Börsen: Berlin / Open Market Hamburg / Open Market Stuttgart / Open Market Düsseldorf / Open Market Frankfurt / regulated dealing/prime standard München / regulated dealing

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