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06.03.2007 – 14:19

TA Triumph-Adler AG

euro adhoc: TA Triumph-Adler AG
Capital measures
TA Triumph-Adler plans for refinancing and higher growth rate; cooperation with Kyocera Mita extended

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
06.03.2007
Nuremberg, March 6, 2007: For the 2007 financial year, TA Triumph
Adler is planning to completely redeem its existing financing
arrangements through the introduction of a portfolio of borrowing
instruments, as well as through a capital increase of approximately
EUR 20 million. This will create the basis for a higher level of
growth.
This project aims particularly at securing a significant reduction in
interest costs and a major increase in strategic flexibility with
respect to additional acquisitions in the core business. The targeted
refinancing is also intended to augment the Company's equity base in
order to counterbalance the risk of a devaluation of deferred tax
assets arising from the planned reform of corporate taxation.
The Supervisory Board has today agreed to this undertaking after
Kyocera Mita Corporation, Osaka, Japan declared its preparedness to
participate in the capital increase.
Due to the current nominal value per share, which is EUR 2.56, we
intend to perform a reduction of capital to just under EUR 60 million
before we carry out the capital increase. This will entail the
partial release of the capital reserve to offset accumulated losses.
These accumulated losses amount to just under EUR 80 million as of
December 31, 2006. This measure will be subject to the approval of
the Shareholders' General Meeting on May 23, 2007. Along with the
capital increase, this measure will also enable us to recommence the
future payment of dividends by TA Triumph Adler AG. Current plans do
not envisage trading in the subscription rights; it is intended that
the issue price will be in line with the market price.
TA Triumph Adler AG anticipates that these measures will result in
enhanced corporate earnings in coming years.
In connection with these plans, TA Triumph Adler AG and Kyocera Mita
Corporation, Osaka, Japan, have announced the extension of their
cooperation in the sale of photocopying machines, printers, and
multifunction systems up to June 30, 2010. Both sides emphasized the
proven and successful cooperation that will be continued as to date.
The non-exclusive Commercial Alliance Agreement is the foundation of
the mutual business relations. In this context, TA Triumph-Adler
sources around 80% of the machines it sells from the leading Japanese
manufacturer, including the consumables and spare parts. Under the
two Group brand names UTAX and TA Triumph-Adler, the product range is
marketed in Germany and on a number of international markets. These
sales and distribution activities under the company's own brand names
represent a key foundation of the business model of the specialists
for efficiency in document business.
Contact:
TA Triumph-Adler AG: Suedwestpark 23, D-90449 Nuremberg
Dr. Joachim Fleing, Phone: +49/911/68 98-499, Fax: +49/911/68 98-200
ir@ta.ag, www.triumph-adler.com
end of announcement                               euro adhoc 06.03.2007 13:42:34

Further inquiry note:

Uschie Wühr
Investor Relations
Telefon: +49(0)89 51084-914
E-Mail: uschie.wuehr@triumph-adler.de

Branche: Semiconductors & active components
ISIN: DE0007495004
WKN: 749500
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

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