EANS-News: Balda AG / Balda AG commissions Hengeler Mueller to conduct voluntary special audit

Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.

Bad Oeynhausen (euro adhoc) – Bad Oeynhausen, 1 March 2012: The Board of
Directors at Balda AG, in consultation with the Supervisory Board, has mandated
law firm Hengeler Mueller, based in Düsseldorf, with a voluntary special audit
of business transactions which took place last year. This implements the
announcement made at the plastics processing company´s extraordinary general
meeting on 8 February 2012.

The voluntary special audit will probe whether board members of Balda AG have
acted in line with their fiduciary duties in connection with the company´s
attempts in 2011 to sell its stocks in the Chinese touchscreen manufacturer TPK
Holding Co., Ltd., and whether Balda AG has suffered any damages. The status of
the audit will be reported at the ordinary general meeting of Balda AG scheduled
for 11 May 2012.

US-based hedge fund Octavian Special Master Fund L.P, which has reported a
voting interest of 5.22 per cent in Balda AG, has made accusations against the
company´s Supervisory Board in connection with these attempts to dispose of the
shares. The extraordinary general meeting, called in response to Octavian´s
request and held on 8 February 2012, confirmed all Supervisory Board members in
their current roles by clear majority.

Dominik Müser, CEO, Balda AG: ‘The voluntary special audit is vital in
clarifying the events of 2011 and in bringing to an end a period of speculation
in the interest of our company.’

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 Corporate News 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 Corporate News 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

company: 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: www.balda.de
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