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PANDATEL AG i.A.

euro adhoc: PANDATEL AG
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PANDATEL receives agenda item request from Dowslake Venture Ltd.

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
28.03.2007
Hanover, March 28,  2007.  PANDATEL  AG  (ISIN  DE0006916307),  
listed  on  the Frankfurt Stock Exchange  (General  Standard),  
announces  that  it  has  today received a request of its majority 
shareholder, Dowslake Venture Ltd.
According to article 122 para  2  German  Stock  Companies  Act,  the
majority shareholder requested to include  into  the  agenda  of  the
company's  annual general meeting to be convened by PANDATEL the 
following agenda item:
"Resolution on dissolving the company
1. The company will be dissolved. Liquidation year is the calendar year;  the
      first liquidation year is a shortened fiscal year and  ends  December  31,
      2007.
   2. Dr. Ebner, Dr. Stolz & Partner Wirtschaftsprüfungsgesellschaft, Stuttgart,
      Hanover subsidiary, are appointed auditors  and  group  auditors  for  the
      shortened fiscal year  until  liquidation,  for  the  liquidation  opening
      balance and for the shortened liquidation  year  ending  at  December  31,
      2007."
Dowslake Venture Ltd. justifies its request as follows:
The company has booked substantial losses during the past  years.  
Despite  the restructuring implemented, we can  no  longer  expect  
that  the  company  will operate  sustainably  profitable  given  its
obsolescent  product   portfolio.
Therefore, the liquidation is necessary in order to pay out to the shareholders
at  least  the  remaining  authorized  capital  or  the   available   liquidity
respectively.
The company will consider the application without delay and decide on its
further actions.
About PANDATEL
PANDATEL is a German corporation based in Hanover. PANDATEL was 
formed  in  1987 as Pan Dacom Telekommunikation GmbH. It went public 
at Frankfurt stock  exchange in November 1999. Majority shareholder 
is Dowslake Venture Ltd. with Dr. Dan  D. Yang as CEO. In March 2006,
Dr. Yang became also CEO of  PANDATEL  AG.  PANDATEL is specialized 
in Ethernet technologies. For further  information  please  visit 
www.pandatel.com
end of announcement                               euro adhoc 28.03.2007 17:37:48

Further inquiry note:

insignis GmbH, Agency for Communication
Raik Packeiser
Berliner Allee 9 - 11
30175 Hanover, Germany
Phone: .+49 511 33 65 15 31
Fax +49 511 33 65 15 33
Email raik.packeiser@insignis.de

Branche: Telecommunications Equipment
ISIN: DE0006916307
WKN: 691630
Index: Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade

Plus de actualités: PANDATEL AG i.A.
Plus de actualités: PANDATEL AG i.A.