euro adhoc: TA Triumph-Adler AG / Mergers - Acquisitions - Takeovers / TA Triumph-Adler AG tax loss carryforwards no longer deductible following Kyocera Mita takeover

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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19.01.2009

Nuremberg, January 19, 2009 - Kyocera Mita Corporation, Osaka, Japan,
has today announced that, as of the expiry of the acceptance period
for its voluntary public takeover offer of December 13, 2008, it now
holds 37.320.235 shares of TA Triumph-Adler AG (a direct share of
approximately 67.39%), and that the takeover offer for a further
11,799,656 shares of TA Triumph-Adler AG, corresponding to a share of
around 21.31%, was accepted.

The takeover offer is subject to anti-trust approval by the European
Commission, as well as South African anti-trust authorities.

Subject to the granting of these two approvals, Kyocera Mita
Corporation consequently holds a share of 88.69% of the voting rights
in TA Triumph-Adler AG, and has thus acquired a share of over 50% of
the total number of voting rights in TA Triumph-Adler AG as a result
of its takeover offer. Subject to the granting of these two
approvals, and pursuant to § 8 c, Paragraph 1,1 Clause 2 of the
German Corporation Income Tax Act, this means in turn that all tax
loss carryforwards of TA Triumph-Adler AG and of its German
subsidiaries already in existence as of this date, are no longer
tax-deductible.

The tax benefits arising from these loss carryforwards were
capitalized as deferred tax assets to an amount of around EUR20
million pursuant to IFRS 12 in the interim financial statements of
the TA Triumph-Adler Group as of September 30, 2008. In all
likelihood, this item must now be written down in its entirety. Group
earnings in the consolidated financial statements as of December 31,
2008 will consequently be correspondingly lower, and a charge will be
applied to consolidated equity.

This accounting process has no impact on the balance sheet of the
legally relevant parent company, TA Triumph-Adler AG, and has no
effect on operating cash flow. Effects on components of Group
financing cannot be excluded currently, however. This possibility was
communicated to the affected parties ahead of the submission of the
takeover offer. In this connection, the Management Board of TA
Triumph-Adler AG refers to Section 7.2 of the offer document, in
which Kyocera Mita declares that it will "enable the continuation of
financing or corresponding replacement financing through appropriate
measures".

Contact:
TA Triumph-Adler AG
Suedwestpark 23
D - 90449 Nuremberg
Dr. Joachim Fleing
Phone: +49 / 911 / 68 98 - 499
Fax: +49 / 911 / 68 98 - 200
ir@ta.ag
www.triumph-adler.com

Bearer shares ISIN: DE0007495004, admitted to official trading (Prime
Standard) on the Frankfurt stock exchange and on all German regional
exchanges

Important notice: This press release contains forward-looking
statements that are based on assumptions and estimates made by the
management of TA Triumph-Adler AG. Even if the management of the
company is of the view that these assumptions and estimates are
appropriate, future actual developments and future actual events may
diverge significantly from these assumptions and estimates due to
various factors. These factors may include, by way of example,
changes in the macroeconomic situation, exchange rates, interest
rates, as well as changes both within the market and in the
competitive environment as the result of technological change. TA
Triumph-Adler AG provides no guarantee, and accepts no liability, if
future developments, and results achieved in the future, do not
accord with the assumptions and estimates expressed in this press
release.

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

Further inquiry note:

Sonja Blättchen

Telefon: +49 (0)911 6898-104

E-Mail: sonja.blaettchen@triumph-adler.net

Branche: Semiconductors & active components
ISIN: DE0007495004
WKN: 749500
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade