EANS-News: Balda AG / Initial Public Offering of TPK in the second half of 2010 considered

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Financing, Stock Offerings (IPO)

Bad Oeynhausen (euro adhoc) - Balda AG: Initial Public Offering of
TPK in the second half of 2010 considered

Bad Oeynhausen, 19 January 2010 - In a first general meeting on 8
January 2010 the shareholders of TPK Holding Co. approved the
proposal of the TPK management to move forward with an initial public
offering (IPO) and to have the company's shares listed on the Taiwan
Stock Exchange. Balda currently holds around 19.25 percent of the
outstanding TPK shares. This decision taken by the general meeting of
TPK represents a basic resolution to be undertaken in every IPO
process in Taiwan. The proceeding remains subject to a favourable
economic environment and that the TPK management will continue to
consider the conditions for an IPO as being advantageous.

*** Company Profile Balda AG The Balda Group develops and produces
complete plastic assemblies, electronic products and products for the
medical industry. The customers of Balda are leaders in business from
the mobile, entertainment and electronic communications as well as
pharmaceutical and medical technology markets. The group has an
international position with product sites in China, Malaysia, India
and Germany. A subsidiary in the United States serves North American
customers in product design and development. As part of a
shareholding in a leading manufacturer of touch screens in China,
Balda participates in the dynamic touch screen displays market.

* * * This corporate news announcement includes "forward-looking
statements" which are based on the current expectations of the
management of Balda. They are subject to risks and uncertainty
because they relate to 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 does not undertake any obligation to update publicly
or revise forward-looking statements except to the extent legally
required. This corporate news announcement is not an offer of
securities for sale or a solicitation of an offer to purchase
securities in the United States or elsewhere. The shares in Balda AG
(the "Shares") may not be offered or sold in the United States or to
or for the account or benefit of U.S. persons (as such term is
defined in Regulation S under the U.S. Securities Act of 1933, as
amended (the "Securities Act") unless registered under the Securities
Act or pursuant to an exemption from such registration. The Shares
have not been and will not be registered under the Securities Act.

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

Further inquiry note:

Clas Röhl

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

croehl@balda.de

Branche: Semiconductors & active components
ISIN: DE0005215107
WKN: 521510
Index: CDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade