EANS-Adhoc: Balda AG reduces stake in TPK

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.


Balda AG reduces stake in TPK

Balda AG sells up to 18.75 percent of its shareholding in touch screen producer

Bad Oeynhausen, 16 November 2009 – Balda AG, listed in the Prime Standard
Segment of the German Stock Exchange, sells a portion of its holding in touch
screen producer TPK Holding Co. Ltd. with production facilities in Xiamen,
China, representing up to 18.75 percent of the outstanding shares in TPK to a
group of Asian institutional investors. With this transaction Balda is
completely reducing its total bank debt in the framework of its ongoing
financial restructuring. Upon completion, Balda will continue to hold at least
19.25 per cent of TPK. The parties involved have agreed to keep the purchase
price confidential. This transaction is still subject to approval of the
Taiwanese authorities.

Until 30 September 2008 TPK was a joint venture between Balda interim holding
Balda Investment Singapore (BIS) and Max Gain Management Ltd. In the last
quarter of 2008 Balda sold a 12 percent stake in TPK. Since then TPK is
consolidated as a financial holding.

Further inquiry note:
Clas Röhl
Tel.: +49 (0) 5734 922-2728
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: Construction & Property
ISIN: DE0005215107
indexes: CDAX, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English