LifeWatch AG

EANS-Adhoc: LifeWatch AG/ plans a par value reduction, returning the means thus made available to the shareholders in February 2011

@@start.t1@@--------------------------------------------------------------------------------   ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide   distribution. The issuer is solely responsible for the content of this   announcement. --------------------------------------------------------------------------------@@end@@

18.10.2010

LifeWatch AG plans a par value reduction, returning the means thus made available to the shareholders in February 2011

@@start.t2@@* Extraordinary General Shareholders´ Meeting on November 11, 2010 in
         Zurich
      * Planned par value reduction from CHF 2.00 to CHF 1.30 per registered
         share
      * Paying back a total of CHF 9.1 to CHF 10.2 million to shareholders@@end@@

Neuhausen am Rheinfall / Switzerland - The Board of Directors  of   LifeWatch  AG (SIX Swiss Exchange: LIFE), the leading  wireless   remote  cardiac  and  medical patient  monitoring  service  provider in  the  U.S.,  will  propose    to    the shareholders at an Extraordinary Shareholders´ Meeting  scheduled  for  November 11, 2010 in Zurich a par value reduction.  The  par  value  of  each   registered share is to be reduced from CHF 2.00 to CHF 1.30 and  the proceeds  are  to  be returned to the shareholders.

LifeWatch AG plans to reduce the par value of its registered  shares, from  CHF 2.00 today to CHF 1.30, in the middle of February 2011. At a  date  yet  to  be defined, each shareholder of  LifeWatch  AG   will  receive  CHF  0.70  for  each registered share. In contrast to dividend payments, a  par  value  reduction  is not subject to any withholding tax.

After approval of the Board´s motion by the Extraordinary Shareholders´  Meeting scheduled for November 11, 2010, a total amount of CHF 9.1 to CHF  10.2  million can thus be returned to the shareholders. Based on the current  share  price  of CHF 10.50 this equals a yield of approximately 6.67%.

The detailed invitation to the Extraordinary General Shareholders´ Meeting  will be published in the Swiss Official Gazette of Commerce (SOGC/SHAB)  of  October 21, 2010, on the company´s  website   www.lifewatch.com,  and  will  be  sent  by letter to the registered shareholders.

About LifeWatch AG LifeWatch AG, headquartered in Neuhausen am Rheinfall and listed  on  SIX  Swiss Exchange (LIFE), Switzerland, is the leading healthcare technology and  solution company,   specializing  in  advanced  telehealth  systems  and  wireless   remote patient monitoring services. LifeWatch services cater  to   individuals,  ranging from high-risk  and  chronically  ill   patients,  to  consumers  of  health  and wellness  products.   LifeWatch  has  subsidiaries  in  the  United  States,  the Netherlands, Japan, the United Kingdom, Switzerland and Israel. LifeWatch AG  is the parent company of  LifeWatch  Services  Inc.,  a leading  US-based  cardiac monitoring  service  provider,  and   manufacturer  of  telecardiology  products. LifeWatch  is  also   introducing  a  new  program  for  Home    SleepTesting    of Obstructive Sleep Apnea (OSA) patients  under  the  brand  name   NiteWatch.  For additional information, please visit www.lifewatch.com.

Sign-up for customized E-mail alerts and documentation requests is available  at http://production.investis.com/lifewatch/alert-service/

This press release includes forward-looking  statements.  All   statements  other than statements of historical facts contained in this press  release,  including statements regarding  future  results of  operations  and  financial  position, business strategy and plans and objectives for future operations,  are  forward- looking statements. The words "believe," "may," "will," "estimate,"   "continue," "anticipate,"  "intend,"  "expect"  and  similar   expressions  are  intended  to identify forward-looking statements.   LifeWatch  AG  has  based  these  forward- looking statements largely on current expectations and projections about  future events  and   financial  trends  that  it  believes  may  affect  the    financial condition, results of operations, business strategy, short term  and long  term business operations and objectives, and financial needs.   These  forward-looking statements are subject to a number of risks, uncertainties and  assumptions.  In light of these risks, uncertainties and assumptions, the forward-looking  events and circumstances described may  not  occur  and  actual  results  could differ materially and adversely from those  anticipated  or  implied in  the  forward- looking statements. All  forward-looking   statements  are  based  only  on  data available to LifeWatch AG at the time  of  the  issue  of  this  press  release. LifeWatch AG does not undertake any obligation  to  update  any  forward-looking statements contained in this press release  as  a  result  of  new   information, future events or otherwise.

THIS PRESS RELEASE IS NOT BEING ISSUED IN  THE  UNITED  STATES  OF   AMERICA  AND SHOULD NOT BE DISTRIBUTED TO  UNITED  STATES  PERSONS   OR  PUBLICATIONS  WITH  A GENERAL  CIRCULATION  IN  THE  UNITED   STATES.    THIS  PRESS  RELEASE  DOES  NOT CONSTITUTE AN OFFER OF SECURITIES OF LIFEWATCH AG OR  ANY  OF  ITS  SUBSIDIARIES FOR SALE IN THE UNITED STATES OR AN INVITATION TO SUBSCRIBE FOR OR PURCHASE  ANY SECURITIES OF LIFEWATCH  AG  OR  ITS  SUBSIDIARIES  IN  THE  UNITED   STATES.  IN ADDITION, THE SECURITIES OF LIFEWATCH AG AND  ITS   SUBSIDIARIES  HAVE  NOT  BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED,  SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO  U.S.  PERSONS  ABSENT  REGISTRATION UNDER OR AN APPLICABLE EXEMPTION  FROM  THE  REGISTRATION  REQUIREMENTS  OF  THE UNITED STATES SECURITIES LAWS.  ANY PUBLIC OFFERING OF SECURITIES TO BE MADE  IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS   THAT  MAY  BE  OBTAINED FROM LIFEWATCH AG OR ITS SUBSIDIARIES, AS APPLICABLE, AND WILL CONTAIN  DETAILED INFORMATION ABOUT THE ISSUER AND ITS MANAGEMENT AS WELL AS FINANCIAL  STATEMENTS OF THE ISSUER.

@@start.t3@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: LifeWatch AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Sensus Investor and Public Relations, Zürich:
Tel +41 43 366 55 11 | Fax +41 43 366 55 12 | E-mail lifewatch@sensus.ch

Branche: Healthcare Providers
ISIN:      CH0012815459
WKN:        1281545
Index:    SPI, SPIEX
Börsen:  Frankfurt / Open Market / XETRA
              Berlin / free trade
              SIX Swiss Exchange / Main Standard



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