EANS-News: Balda AG / Balda AG: No sale of TPK shares at current trading levels

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

Bad Oeynhausen (euro adhoc) – Bad Oeynhausen, November 15, 2011 – In response to
inquiries from shareholders, the management of the Frankfurt listed SDax company
Balda AG (BAF) hereby informs that due to the current price level based on
market deteriorations in the last six weeks it will not sell any of its shares
in TPK Holding Co., Ltd. (TWSE: 3673 or TPK) in a combined offering of new
shares of TPK or otherwise. While Balda has obtained the approvals in the
Republic of China to sell shares of TPK, Balda would only proceed with the
combined offering when the management of Balda believes that the trading price
of TPK’s common shares reflects the fair value of TPK. Balda has come to this
conclusion in close cooperation with TPK who takes the view that from its
perspective it is inappropriate to issue new shares under volatile market
conditions. TPK has alternatives to finance its CAPEX and therefore, as in the
case of Balda, is under no pressure, and not dependant in any way to compromise
with current adverse capital market conditions. Rainer Mohr, CEO of Balda,
states: ‘I do not believe that it is in the best interest of Balda’s
shareholders to proceed with a sale of TPK shares at this point in time; Balda
will closely monitor the market to explore other alternatives to monetize its
TPK stake at a time when it believes that TPK’s shares are fairly valued.’

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:
Clas Röhl
Tel.: +49 (0) 5734 922-2728

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: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English