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EANS-News: Balda AG: Supervisory Board approves further steps for an acquisition in the Medical business division

Bad Oeynhausen (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
13 December 2010 - The Supervisory
Board of the Frankfurt Stock Exchange listed Balda AG, during its 
regular session on 10 December 2010 in Beijing, has confirmed the 
already initiated search for acquisition opportunities for the 
planned strategic expansion of Balda Medical.
A further issue on the agenda was the continued sluggish business 
development and the demanding conditions affecting the MobileCom 
business division. Call-offs continue to be unsatisfactory. 
Competition is still very intense and pressure on prices high. As 
already stated, the division is under constant critical review by the
Board of Directors.
No decision was taken on the issue of a potential disposal of Balda 
shares held in TPK. The lock-up period for the first fifty per cent 
of the Balda stake in TPK closes at the end of April 2011. A decision
will be made in due time before the end of the lock-up period. The 
Board of Directors and Supervisory Board will strive to achieve a 
decision that is in the interests of Balda shareholders.
* * *
Company Profile Balda AG The Balda Group develops and produces 
complete plastic assemblies, electronic products and products for the
medical industry. The customers of 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.
end of announcement                               euro adhoc

Further inquiry note:

Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de

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

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