Balda AG

EANS-News: Balda AG: Capex financing of the holding in TPK successful

Lock-up agreed for 50 percent of BaldaÂ’s shares in TPK to the end of July: for the remaining 50 percent, as before, to the end of October 2011

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Company Information

Subtitle: Lock-up agreed for 50 percent of BaldaÂ’s shares in TPK to the end of July: for the remaining 50 percent, as before, to the end of October 2011

Bad Oeynhausen (euro adhoc) - Bad Oeynhausen, 15 April 2011 - The Balda AG investment, TPK Holding Co. Ltd., has covered its Capex financing requirements with the successful oversubscribed placement of a convertible bond on favourable terms for 400 million US dollars. Balda AG currently holds 16.1 percent of the shares in the touchscreen manufacturer TPK. According to TPK, the targeted high growth rates, which will also continue to support the positive rating of the TPK share, can only be achieved with this volume of investment. In order to ensure that the capital measure is a success, all of TPK's major shareholders, including Balda, have promised the underwriters of the bond a customary 90-day lock-up from the closing of the convertible bond.

Consequently, from the end of July 2011, 50 percent of the shares held by Balda in TPK will still be subject to a lock-up and, as before, from the end of October 2011 none of the shares will be subject to a lock-up.

Company profile of Balda AG The Balda Group develops and produces complete plastic assemblies, electronic products and products for the medical technology industry. Balda´s customers are leading companies in the mobile phone, consumer electronics, electronic communications, pharmaceutical and medical technology markets. The Group is internationally positioned with production sites in China, Malaysia and Germany. A subsidiary in the USA serves North American customers in product design and development. Within the scope of its shareholding in a leading touchscreen manufacturer in China, Balda is participating in the dynamic development of the touchscreen displays market.

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This corporate news announcement contains forward-looking statements, which are based on the current expectations of Balda´s management. They therefore contain a range of risks and uncertainties because they relate to future events and depend on circumstances that will occur in the future, such as, for example, developments in the mobile communications industry, changes in technology and the ability to timely and successfully develop new products and various other factors. Balda will neither revise these forward-looking statements nor correct them in the event of any unexpected development, unless there is a legal obligation to do so. This corporate news announcement represents neither an offer to buy shares nor an invitation to submit an offer to buy shares in the United States or any other country. The shares in Balda AG (the "shares") may not be offered or sold in the United States or to or for the account of U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, in its current version (the "Securities Act")), unless they are registered or are exempt from registration under the Securities Act. The shares have not been and will not be registered under the Securities Act.

end of announcement                               euro adhoc
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Contact:

Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de

Branche: Semiconductors & active components
ISIN: DE0005215107
WKN: 521510
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
DĂĽsseldorf / free trade
MĂĽnchen / free trade



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