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TA Triumph-Adler AG

Kyocera Mita announces takeover offer for TA Triumph-Adler AG at EUR 1.90 per share

Nürnberg (euro adhoc) -

Extended cooperation aims to facilitate expansion opportunities for 
TA Triumph-Adler's Direct Sales across the whole of Europe under its 
own brand
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
Nuremberg, November 18, 2008 - Kyocera Mita
Corporation, Osaka, Japan, has announced today that it will 
significantly expand its stake in TA Triumph-Adler AG beyond the 
29.9% it has held to date, and submit a voluntary public takeover 
offer to shareholders. The plan is to submit an offer of EUR 1.90 per
share. The takeover aims to achieve a secure shareholders general 
meeting majority with a stake of around 60% to 75% of the share 
capital, according to Kyocera Mita. In this case, TA Triumph-Adler AG
would remain a listed company; there is no intention to de-list the 
company or to perform a squeeze-out. For the time being Kyocera Mita 
is not planning to enter into a domination agreement. Initial 
discussions between the senior management of Kyocera Mita and TA 
Triumph-Adler AG relating to a potential takeover offer by Kyocera 
Mita have already taken place. The Management Board of TA 
Triumph-Adler AG adopts an essentially positive stance to this 
intention on the basis of these discussions. It regards the 
commercial consequences of the offer as favorable, since it promises 
advantages for the staff members, shareholders, and customers of the 
TA Triumph-Adler Group, according to the current conviction of the 
Management Board. Kyocera Mita plans to significantly expand the 
cooperation between both companies as part of the restructuring of 
its equity stake. A particular aim is to apply TA Triumph-Adler 
Direct Sales' successful sales model across the whole of Europe, and 
transfer related responsibility to TA Triumph-Adler as OEM and brand 
partner. This step unlocks considerable advantages and opportunities 
for expansion for both sides in terms of operating activities: 
Kyocera Mita can better exploit the business model's current position
of leadership in Germany, Austria, the Czech Republic, and 
Switzerland, as an additional sales channel. With its financially 
strong and reliable partner, TA Triumph-Adler can continue to 
establish itself in the market as an independent company with its 
strong TA Triumph-Adler brand, including internationally. Today's 
Distribution business under the UTAX brand will remain under TA 
Triumph-Adler management. Synergies are expected within both 
companies, the details of which will be developed after the 
transaction has been concluded.
Further information is available from:
TA Triumph-Adler AG                     Postal address:
Dr. Joachim Fleing                      TA Triumph-Adler AG
Telephone: 0911 / 68 98 - 499           Südwestpark 23
Fax: 0911 / 68 98 - 200                 D-90449 Nuremberg 
ir@ta.ag
www.triumph-adler.de
end of announcement                               euro adhoc

Further inquiry note:

Sonja Blättchen

Telefon: +49 (0)911 6898-104

E-Mail: sonja.blaettchen@triumph-adler.net

Branche: Semiconductors & active components
ISIN: DE0007495004
WKN: 749500
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

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