DGAP-Ad-hoc: Balda AG:


Balda AG / Key word(s): Miscellaneous

05.03.2008 02:04

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.


Balda AG announces:

Bad Oeynhausen, March 5, 2008. Balda AG has sold Balda Solutions

Deutschland GmbH, Balda Werkzeugbau GmbH and Balda Solutions Hungaria Kft.

to KS Plastic Solutions GmbH as per end of last year. Based on profit and

loss transfer agreements (Ergebnisabführungsverträge) Balda AG has to bear

the sold companies’ losses for the fiscal year 2007. Balda Solutions and

Balda Werkzeugbau have now provided drafts of the financial statements for

2007. Losses according to these draft statements for 2007 exceed previously

planned and budgeted numbers. There is no sufficient cash on hand to fully

cover those losses.

Balda AG is in negotiations with the companies mentioned concerning the

amount of the loss to be compensated and regarding a payment plan,

respectively. Furthermore, Balda AG is in talks with banks in order to

receive additional credit facilities to cover those loss compensation


Both negotiations are well under way. Based on the progress in these

negotiations so far, Balda AG is convinced to successfully reach agreements

within the next days. The annual press conference planned for March 19,

2008 and the annual shareholder’s meeting scheduled for May 7, 2008 will be

postponed. New dates for these will be announced in due course.

* * *

Company profile Balda AG

The internationally operating Balda Group develops and produces highly

integrated devices comprising plastic, metal and electronic components as

well as touch sensors. Among the customers of the SDAX listed company are

international brand-names from the mobile telephony industry, medical

technology and various related markets.

The integration of plastic and touch screen technologies creates completely

new customer benefits. Only Balda currently offers both technologies from

one source on a global scale. The group has a strong position in the

important growth markets China and India and owns four production

facilities in the region. Plants in Brazil and in Malaysia, as well as the

facility in Germany for Balda Medical, underline the global competitiveness

of the group of companies.

* * *

If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49

5734 922 2728, Fax: +49 5734 922 2691, Mail: croehl@balda.de, Internet:


* * *

This ad hoc-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 ad hoc-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.

05.03.2008 DGAP’s Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service