29.07.2011 – 14:37

MEDION

EANS-Adhoc: Lenovo intends Domination and Profit and Loss Transfer Agreement with 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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Contracts/Domination and Profit and Loss Transfer Agreement 

29.07.2011

Ad hoc announcement pursuant to sec. 15 WpHG

Lenovo intends Domination and Profit and Loss Transfer Agreement with MEDION AG

Essen, 29. July 2011  -  Today,  Lenovo  Germany  Holding  GmbH,  Düsseldorf,  a
subsidiary of Lenovo Group Limited, informed MEDION AG about  its  intention  to
enter into a domination and profit and loss transfer agreement with  MEDION  AG.
Following today´s  acquisition  of  17.748.033  MEDION  shares,  Lenovo  Germany
Holding GmbH, based on the MEDION shares held by it as well  as  binding  voting
agreements, has secured a total of more than 75 per cent of  the  voting  rights
of the share capital of MEDION AG currently being entitled for voting.

Thereupon, the executive board of MEDION AG has decided  to  begin  negotiations
with Lenovo Germany Holding GmbH within the next days in order  to  prepare  the
conclusion of the  domination  and  profit  and  loss  transfer  agreement.  The
provisions  regarding  compensation  and  guaranteed   dividend   for   minority
shareholders of MEDION AG will comply with the legal requirements  and  will  be
based upon a valuation of the company still to be conducted.

MEDION AG assumes that the necessary preparations can be  completed  in  October
2011 and that an extraordinary general meeting resolving on the  domination  and
profit and loss transfer agreement can take place in December 2011.

Essen , 29 July 2011

The Executive Board


Further inquiry note:
Investor Relations
Tel.: 49 201 83836500
E-Mail:  aktie@medion.com

end of announcement                               euro adhoc 
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issuer:      MEDION AG
             Am Zehnthof 77
             D-45307 Essen
phone:       +49(0)201 83836500
FAX:         +49(0)201 83836510
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