Balda AG

EANS-News: Balda AG - Clarification
Balda generates approx. EUR 150 million by sale of further shares in TPK Holding

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Company Information

Subtitle: - Shareholders participate in this transaction by receiving an
extraordinary dividend 
- CEO Dominik Müser: "We consequently execute our plan to fully dispose of all
shares in TPK." 


Bad Oeynhausen (euro adhoc) - Clarification: The new version of the press
release clarifies that the holding of Balda Investments Singapore Pte. Ltd. in
TPK Holding Co., Ltd. drops to approx. 0.8 %, but will go up to approx. 2 % due
to TPK dividends physically made in shares.


Bad Oeynhausen, July 1st, 2012 - Balda AG, a specialist for high-quality plastic
solutions, has sold through its subsidiary Balda Investment Singapore Pte. Ltd.
15,998,365 shares of TPK Holding Co., Ltd. and generated proceeds in the amount
of approx. EUR 150 million. The transaction was made via block-trade organized
by the investment firm UBS. The sale, which will not affect the dividend rights
of Balda in TPK Holding for the business year 2011, will be recognized in profit
and loss of the short business year from January 1st 2012 to June 30, 2012.
Balda had already sold 20,000,000 TPK-shares in February 2012 and thereby
generated proceeds of approx. EUR 238 million. 

By the latest transaction, the holding of Balda Investments Singapore Pte. Ltd.
in TPK Holding Co., Ltd. further reduces from 7.6 % to approx. 0.8 %, but will
go up to approx. 2 % due to TPK dividends for business year 2011 physically made
in shares. The management board intends to sell the remaining shares, that will
be locked up for 90 days, at an optimized value and to fully dispose of the
non-strategic TPK-investment. It also confirmed the aim to distribute a
significant amount of the transaction as extraordinary dividend to the
shareholders of Balda AG. As a consequence of the conducted sales of TPK-shares,
the company expects a significant profit on group-level for the short business
year 2012. 

Dominik Müser, CEO of Balda AG: "By selling a further block of TPK-shares we
consequently execute our plan to fully dispose of all shares in TPK. This does
not only enable us to pay our shareholders a highly attractive extraordinary
dividend for the short business year 2012 but also extend our financial scope of
actions for the ongoing reorganization of the operative business of Balda."


Further inquiry note:
Frank Elsner 
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 - 54 04 - 91 92 0
Fax: +49 - 54 04 - 91 92 29
Mail: office@elsner-kommunikation.de

end of announcement                               euro adhoc 
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company:     Balda AG
             Bergkirchener Str.  228 
             D-32549 Bad Oeynhausen
phone:       +49 (0) 5734 9 22-0
FAX:         +49 (0) 5734  922-2747
mail:     info@balda.de
WWW:      http://www.balda.de
sector:      Semiconductors & active components
ISIN:        DE0005215107
indexes:     CDAX, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English
 



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