euro adhoc: Eybl International AG / Liquidity Problems/Over-Indebtedness / Eybl International files for administrative receivership

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19.12.2008

Eybl International AG (ISIN: AT0000908157) announces that the recent
talks about a takeover by the Slovenian Prevent Group have not led to
a positive conclusion so far.

Owing to direct financial consequences of the current economic crisis
on Eybl International AG the management decided, in line with legal
requirements, to file for administrative receivership for Eybl
International AG and its subsidiary Eybl Austria Gmbh with the Krems
provincial court.

The two companies will also notify the Austrian Employment Agency AMS
of potential lay-offs of their Austrian staff of together approx. 600
people, as a precautionary measure and in compliance with
early-warning requirements.

Based on preliminary talks already conducted with customers,
suppliers and banks, and on successful restructuring measures taken
over the past months the management of Eybl International AG aims to
speedily conclude the administrative receivership proceedings, and
thereby secure the jobs in question for the long term.

About Eybl International Eybl International, a company specialising
in textile production, fabrication and components for auto-motive
interiors operates internationally at eight production sites in
Austria, Hungary, Romania, Ger-many and Slovakia as well as at four
distribution sites in Germany, France, Spain and Britain along-side
of its corporate headquarters in Krems in Lower Austria and is
recognised as a competent, reli-able and innovative partner to the
automotive sector.

Eybl International AG, traded publicly on the Vienna Stock Exchange,
has for decades been a special-ist in the automotive sector for
complete textile furnishing of interiors made from cloth and leather.
From product development and design up through production, Eybl
International produces qualitatively upscale textiles and interior
parts with the latest technologies for passenger cars as well as for
lorries and busses and even for customers in the non-automotive
sector (rail and air).

end of announcement euro adhoc
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ots Originaltext: Eybl International AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Eybl International AG

Investor Relations

Robert Gabriel

Tel.: +43 (0) 2732 881-300

Fax: +43 (0) 2732 881-79

mailto:robert.gabriel@eybl-international.com

Branche: Speciality stores
ISIN: AT0000908157
WKN: 914117
Index: WBI, Standard Market Auction
Börsen: Wiener Börse AG / official market