Zapf Creation AG

euro adhoc: Financing, Stock Offerings (IPO)
Zapf Creation: CEO of MGA Entertainment submits offer for purchase of outstanding indebtedness

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- outstanding indebtedness 08.07.2007 Roedental, July 8, 2007 - Isaac Larian, the Chief Executive Officer of MGA Entertainment, Inc., the largest shareholder of Zapf Creation AG, informed the company that he is prepared to purchase the company's outstanding indebtedness to banks for an adequate price. Mr Larian submitted an offer to the syndicate of banks whose facility expired on 30 June 2007. In a second step the Zapf Creation group shall be refinanced long-term by banks used to working with MGA. The Management Board of the company continues to negotiate with all parties involved to secure the long-term financing of the company. To avoid insolvency proceedings, a solution will have to be found shortly. end of announcement euro adhoc 08.07.2007 16:55:26 -------------------------------------------------------------------------------- ots Originaltext: Zapf Creation AG Im Internet recherchierbar: Further inquiry note: Frank Elsner Frank Elsner Kommunikation für Unternehmen GmbH Phone.: +49 (0) 54 04 - 91 92 0 Fax: +49 (0) 54 04 - 91 92 29 Branche: Consumer Goods ISIN: DE0007806002 WKN: 780600 Index: CDAX, Classic All Share, Prime All Share Börsen: Börse Frankfurt / official dealing/prime standard Börse Berlin / free trade Börse Hamburg / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse Hannover / free trade Börse München / free trade

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