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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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27.03.2012

Köln, 27 March 2012. On 21 March 2012, 10.40 am, the Amtsgericht [Local Court
Köln, Germany instituted insolvency proceedings against the assets of November
AG (HRB 67597)due to illiquidity and debt overload. The lawyer Dr. jur. Michael
Jaffé,  based in Sachsenring 85, D-50677 Köln, Tel. +49 (0) 221 / 933 39390 Fax:
+49 (0) 221/ 933 39399
was appointed insolvency administrator.


Further inquiry note:
Dr. jur. Michael Jaffé
Insolvenzverwalter november AG
Sachsenring 85
D- 50677 Köln
Tel.: +49 (0) 221 933 39 39-0
Fax: +49 (0) 221 933 39 39-9

end of announcement                               euro adhoc 
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issuer:      november Aktiengesellschaft
             Hansaring 97
             D-50670 Köln
phone:       +49(0)221-82005 20-10
FAX:         +49(0)221-82005 20-15
mail:         info@november.de
WWW:         http://www.november.de
sector:      Biotechnology
ISIN:        DE000A0Z24E9
indexes:     CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English