EANS-Adhoc: Lenovo intends Domination and Profit and Loss Transfer Agreement with MEDION AG

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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.
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Contracts/Domination and Profit and Loss Transfer Agreement

29.07.2011

Ad hoc announcement pursuant to sec. 15 WpHG

Lenovo intends Domination and Profit and Loss Transfer Agreement with
MEDION AG

Essen, 29. July 2011 - Today, Lenovo Germany Holding GmbH,
Düsseldorf, a subsidiary of Lenovo Group Limited, informed MEDION AG
about its intention to enter into a domination and profit and loss
transfer agreement with MEDION AG. Following today´s acquisition
of 17.748.033 MEDION shares, Lenovo Germany Holding GmbH, based
on the MEDION shares held by it as well as binding voting
agreements, has secured a total of more than 75 per cent of the
voting rights of the share capital of MEDION AG currently being
entitled for voting.

Thereupon, the executive board of MEDION AG has decided to begin
negotiations with Lenovo Germany Holding GmbH within the next days in
order to prepare the conclusion of the domination and profit
and loss transfer agreement. The provisions regarding
compensation and guaranteed dividend for minority
shareholders of MEDION AG will comply with the legal requirements
and will be based upon a valuation of the company still to be
conducted.

MEDION AG assumes that the necessary preparations can be completed
in October 2011 and that an extraordinary general meeting resolving
on the domination and profit and loss transfer agreement can take
place in December 2011.

Essen , 29 July 2011

The Executive Board

Further inquiry note:
Investor Relations
Tel.: 49 201 83836500
E-Mail: aktie@medion.com

end of announcement euro adhoc
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issuer: MEDION AG
Am Zehnthof 77
D-45307 Essen
phone: +49(0)201 83836500
FAX: +49(0)201 83836510
mail: aktie@medion.com
WWW: http://www.medion.com
sector: Technology
ISIN: DE0006605009
indexes: SDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English