Medion AG

EANS-Adhoc: Medion AG: Ad hoc Release pursuant to Section 15 WpHG Envisaged Takeover Offer for Medion AG

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  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.
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Lenovo envisages Takeover Offer for Medion AG

01.06.2011

Medion AG: Ad hoc Release pursuant to Section 15 WpHG

Envisaged Takeover Offer for Medion AG

Essen, 1 June 2011 - Today, Medion AG was informed that Lenovo Germany Holding GmbH, a subsidiary of Lenovo Group Limited, will commence a public takeover offer for all outstanding shares of Medion AG for 13.00 Euros per share in cash. The takeover offer will inter alia be subject to the receipt of antitrust clearance as well as the achievement of a minimum participation threshold of 51.00% of the registered share capital of Medion AG.

With regard to the envisaged transaction, Medion AG has concluded a business combination agreement with Lenovo setting forth the cornerstones of the transaction, the support of the transaction by Medion AG and the mutual understanding regarding the future business co-operation between Medion und Lenovo.

Today, the main shareholder of Medion AG, Mr Gerd Brachmann, has entered into a share purchase agreement with Lenovo regarding the conditional sale of approx. 36.66% of the shares of Medion AG at a price of 13.00 Euros per shares. 80% of the purchase price shall be paid in cash and 20% in Lenovo shares. The closing of such purchase agreement is inter alia subject to the receipt of antitrust clearance and the achievement of a minimum participation threshold of 51.00% of the registered share capital of Medion AG. With respect to the remaining Medion shares held Mr Brachmann, Mr Brachmann and Lenovo have agreed a long-term call and put option.

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Investor Relations Tel.: +49-201-8383-6500 E-Mail: aktie@medion.com www.medion.com

end of announcement                               euro adhoc
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issuer:      MEDION AG
          Am Zehnthof 77
          D-45307 Essen
phone:       +49(0)201 81081 - 0
FAX:          +49(0)20181081-227
mail:     aktie@medion.com
WWW:      http://www.medion.com
sector:      Technology
ISIN:        DE0006605009
indexes:     SDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
          Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English 

Contact:

Investor Relations

Tel.: +49-201-8383-6500

e-Mail: aktie@medion.com

Branche: Technology
ISIN: DE0006605009
WKN: 660500
Index: SDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade


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