EANS-Adhoc: Balda AG / Balda AG proposes dividend payment of 1.30 euros per share for 2011 – short financial year planned

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.


Bad Oeynhausen, 29 March 2012 – The Supervisory Board of Balda AG today approved
the Board of Directors´ proposal that a dividend of 1.30 euros per share for the
2011 financial year be proposed to the Annual General Meeting on 11 May 2012.
This would result in a total payout of 76.6 million euros. As a result almost
all of Balda AG´s currently distributable profits would be utilised. The
dividend proposal is in line with the goal of allowing the shareholders to
quickly share in the proceeds of 238 million euros from the sale of shares in
TPK Holding Co., Ltd. last February.

The Supervisory Board also approved the Board of Directors´ proposal to have a
short financial year for the period of 1 January 2012 to 30 June 2012. As a
result the shareholders could receive further proceeds from the partial sale of
the TPK shareholding in the current calendar year.

Balda AG achieved consolidated sales in its continued business divisions of 66.3
million euros in 2011, an increase of 5.6 % compared to the previous year´s
figure of 62.8 million euros. Consolidated earnings before interest and taxes
(EBIT) improved from -13.9 million euros to -6.0 million euros, but were below
expectations due in particular to the performance of the Electronic Products
segment. However, the Medical segment recorded a positive performance and
increased its sales by 45.0 percent to 39.9 million euros and operative earnings
(EBIT) to 2.7 million euros.

The continued business divisions closed 2011 with consolidated earnings after
taxes of -3.0 million euros following the previous year´s profit of 119.6
million euros which was influenced by high one-time income. The earnings of the
discontinued business divisions, which include the MobileCom segment which was
sold in 2011, totalled -36.1 million euros after taxes (previous year: -25.2
million euros). The Balda Group therefore reports consolidated earnings after
taxes of -39.1 million euros for 2011 (2010: 94.4 million euros). This equates
to earnings per share of -0.67 euros (2010: 1.72 euros).

The Board of Directors is currently working on a detailed strategy to make the
Group´s operational business profitable as quickly as possible. At the same time
the restructuring and realignment of the Electronic Products segment will be
continued. For the 2012 calendar year Balda is expecting consolidated sales to
be roughly at the previous year’s level. A negative consolidated EBIT in the
single-digit millions is once again expected. However, due to the proceeds from
the partial sale of the shareholding in TPK Holding, a significant consolidated
profit before and after taxes is expected.

Company profile of Balda AG
The Balda Group develops and produces complete plastic assemblies, electronic
products and products for the medical technology industry. Balda´s customers are
leading companies in the pharmaceutical, medical technology, consumer
electronics electronic communications and mobile phone markets. The Group is
internationally positioned with production sites in Germany and Malaysia. A
subsidiary in the USA operates in product design and development. Within the
scope of its shareholding in a leading touchscreen manufacturer in China, Balda
is participating in the dynamic development of the touchscreen displays market.

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

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:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 – 54 04 – 91 92 0
Fax: +49 – 54 04 – 91 92 29
Mail: office@elsner-kommunikation.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: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English