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CEAG AG Closes FMP Deal

Ostbevern (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
merger, acquisition and takeover/Acquisition
Press Release
CEAG AG Closes FMP Deal - Transfer of mobile telephone chargers 
business to Flextronics on May 7, 2008 - Focus on the FPS business 
unit in the future
Ostbevern, Germany, May 7, 2008 - CEAG AG, manufacturer of 
high-quality FRIWO power supplies and chargers, has closed the sale 
of its FRIWO Mobile Power (FMP) business unit to a subsidiary of 
Flextronics International Ltd., Singapore. FMP manufactures power 
supplies and chargers for mobile telephones. Following approval by 
the antitrust authorities and the fulfillment of other requirements, 
all FMP operations were transferred to Flextronics effective May 7, 
2008. Hence the deal agreed upon on February 7, 2008 was brought to a
close within the first half of the year and therefore within the 
agreed period of time.
The provisional purchase price for the FMP business unit totals 
around EUR 56 million. The final purchase price will be determined in
accordance with the closing balance sheet of the FMP business unit as
of April 30, 2008.
As previously announced, following the sale of FMP, CEAG AG will 
focus resolutely on developing the FRIWO Power Solutions (FPS) 
business unit. The Management Board expects FPS´s business 
performance to remain positive. FPS supplies the IT and 
communications, household appliances and power tools, industrial 
applications and medical technology markets with custom-made power 
supplies and chargers as well as with standard products.
For further information please contact:
CEAG AG  Gudrun Richter  Investor Relations
Tel.: +49 - 2532 / 81-158  eMail:  richter@friwo.de
CEAG AG CEAG AG, General Standard listed, has its registered office 
in Bad Homburg, Germany, and its headquarters in Ostbevern, 
Westphalia, Germany. CEAG AG is the holding company of FRIWO Power 
Solutions (FPS). FPS manufactures custom-made power supplies and 
chargers for the four segments of IT and communications, household 
appliances and power tools, industrial applications and medical 
technology. CEAG AG/the FRIWO Group is present in all major world 
markets, with state-of-the-art development centers, production and 
sales in Europe, Asia and North America. FPS´s revenue amounted to 
EUR 84.3 million in 2007. CEAG AG´s principal shareholder is DELTON 
AG, holding almost 77% of its capital.
DELTON AG DELTON AG is a holding company headquartered in Bad 
Homburg, Germany. With its divisions Pharmaceuticals, Household 
Products, Logistics and Power Supply, it manages the value-creating 
investment and entrepreneurial activities of its sole shareholder 
Stefan Quandt. DELTON AG is active in clearly defined markets 
offering future growth in which its divisions already hold or are 
intending to achieve leading positions on an international scale. 
With a workforce of more than 29,000 employees, the DELTON Group 
generated sales of around  EUR 2.75 billion in fiscal 2007.
end of announcement                               euro adhoc

Further inquiry note:

Gudrun Richter
Investor Relations
Telefon: +49 (0) 2532-81-158
E-Mail: richter@friwo.de

Branche: Semiconductors & active components
ISIN: DE0006201106
WKN: 620110
Index: CDAX
Börsen: Börse Hamburg / free trade
Börse München / free trade
Börse Berlin / regulated dealing
Börse Stuttgart / regulated dealing
Börse Düsseldorf / regulated dealing
Börse Frankfurt / regulated dealing/general standard

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