DGAP-News: Balda AG announces:


Balda AG / Key word(s): Miscellaneous

31.03.2008 12:22


Balda AG announces:

– Annual balance sheet press conference on April 22, 2008

– Banks supporting next moves

Bad Oeynhausen, March 31, 2008. Balda today announced that the annual

balance sheet press conference for the completed 2007 fiscal year will be

taking place on April 22, 2008 in Frankfurt. The report on the first

quarter of 2008 will be published on May 7, 2008. A date for this year’s

annual general meeting will be announced shortly.

The restructuring of the repurchased Balda Solutions Group with the

European Infocom companies Balda Solutions Deutschland GmbH, Balda

Werkzeug- und Vorrichtungsbau GmbH, and Balda Solutions Hungaria Kft. is

currently in full flow. Parallel to this, talks are being held with

potential buyers on the sale of the companies and on the best-possible

manner to continue the respective business areas.

Balda fulfills all the conditions placed by the banks so as to avoid the

calling of their loans. The company now has the necessary flexibility in

terms of time to reorder its financing structure to take into account the

strategic and geographic orientation.

‘The repurchase of the European Infocom subsidiaries has delayed the work

on the annual financial statements. We can now announce a date for the

balance sheet press conference. Moreover, the restructuring measures are

being consistently continued and our ideas for the refinancing have met

with a broad consensus,’ said Dr. Dirk Eichelberger, the CFO of Balda AG.

* * *

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 press 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 press 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.

31.03.2008 Dissemination of a Corporate News, transmitted by DGAP –

a company of EquityStory AG.

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

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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