EANS-Adhoc: Balda AG / Balda AG: Michael Sienkiewicz resigns as CEO – Rainer Mohr new CEO

16.02.2011
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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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16.02.2011

Bad Oeynhausen, 16 February 2011: The Supervisory Board and CEO, Michael
Sienkiewicz, of the Frankfurt Stock Exchange SDAX listed Balda AG have agreed
that Michael Sienkiewicz resigns with immediate effect from the Board of
Directors of Balda AG. He will continue to be available as a consultant for
Balda Solutions USA, Inc.
Rainer Mohr, already Chief Financial Officer of the company was appointed by the
Supervisory Board as Chief Executive Officer. He will be in charge of both
functions. The Supervisory Board would like to thank Michael Sienkiewicz for his
previous work. Rainer Mohr is to evaluate the chances for continuance of the
MobileCom segment and to expand the foundations for profitable growth of the
Electronic Products and Medical segments.

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end of ad-hoc-announcement
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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.
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This ad-hoc announcement contains forward-looking statements, which are based on
the current expectations of Balda´s management. They therefore contain a range
of risks and uncertainties because they relate to future 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
will neither revise these forward-looking statements nor correct them in the
event of any unexpected development, unless there is a legal obligation to do
so.
This ad-hoc announcement represents neither an offer to buy shares nor an
invitation to submit an offer to buy shares in the United States or any other
country. The shares in Balda AG (the ‘shares’) may not be offered or sold in the
United States or to or for the account of U.S. persons (as defined in Regulation
S of the U.S. Securities Act of 1933, in its current version (the ‘Securities
Act’)), unless they are registered or are exempt from registration under the
Securities Act. The shares have not been and will not be registered under the
Securities Act.

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

issuer: Balda AG
Bergkirchener Str. 228
D-32549 Bad Oeynhausen
phone: +49 (0) 5734 9 22-0
FAX: +49 (0) 5734 922-2747
mail: info@balda.de
WWW: ¿U1http://www.balda.de¿U0
sector: Semiconductors & active components
ISIN: DE0005215107
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English