Balda AG

EANS-News: Balda AG: Another milestone reached in the restructuring

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Company Information/Strategic management decisions

Bad Oeynhausen (euro adhoc) - Balda AG: Another milestone reached in the restructuring

Bad Oeynhausen, 19 May 2010 - Balda AG, listed in the SDax segment   on  the Frankfurt Stock Exchange, has sold its direct and indirect shareholdings in Balda Motherson Solution Ltd. amounting to 60   percent  to  Motherson  Sumi Systems Limited.

The parties agreed not to disclose the purchase price.  The  joint   venture based in south Indian Chennai did not achieve the objectives initially  set for  the  production  of  plastic  assemblies  for   leading  mobile    phone manufacturers. After careful consideration of the opportunities  and  risks Balda AG sees no improving market prospects for the production site in  the future, particularly because high investments would be necessary. By ending

@@start.t2@@the commitment in India Balda AG  has  reached  another  milestone  in  the restructuring.

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Company Profile Balda AG The  Balda  Group  develops  and  produces  complete  plastic    assemblies, electronic products and products for the medical industry. The customers of@@end@@

Balda are leaders in business from the mobile, entertainment and electronic communications as well as pharmaceutical and medical technology markets.

The group has an  international  position  with  product  sites  in   China, Malaysia and Germany. A  subsidiary  in  the  United  States   serves  North American customers  in  product  design  and   development.  As  part  of  a shareholding in a leading manufacturer of touch  screens  in  China,  Balda participates in the dynamic touch screen displays market.

* * *

This corporate  news  announcement  includes  "forward-looking   statements" which are based on the current expectations of  the   management  of  Balda. They are subject to risks and uncertainty because they relate to 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  does  not  undertake  any  obligation  to update publicly or revise forward-looking statements except to  the   extent legally required.

This corporate news announcement is not an offer of securities for sale  or a solicitation of an offer to purchase securities in the United  States  or elsewhere. The shares in Balda AG (the "Shares") may not be offered or sold in the United States or to or for the account or benefit  of  U.S.  persons (as such term is defined in Regulation S under the U.S. Securities  Act  of 1933, as  amended   (the  "Securities  Act")  unless  registered  under  the Securities Act or pursuant to an  exemption  from  such  registration.  The Shares have not been and will not be registered under the Securities Act.

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ots Originaltext: Balda AG
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Further inquiry note:
Clas Röhl
Tel.: +49 (0) 5734 922-2728

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
              Düsseldorf / free trade
              München / free trade

Weitere Meldungen: Balda AG

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