EANS-News: Balda AG / - Bankkaufmann

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

Personnel

Bad Oeynhausen (euro adhoc) - Balda AG extends contracts for the
Board of Directors

Bad Oeynhausen, 26 October 2010 - The Supervisory Board of Balda AG
has extended the contracts of the Chief Executive Officer (CEO)
Michael Sienkiewicz and the Chief Financial Officer (CFO) Rainer Mohr
prematurely up to 31 December 2012. According to the chairman of the
Balda control committee, Dr. Michael Naschke, the Supervisory Board
wants to continue the realignment and further development of the
Balda Group with the existing Board of Directors. After having
implemented the reorganisation of the Group, the management will
above all develop Balda by enlarging the portfolio of clients and
products.

* * *

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 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
--------------------------------------------------------------------------------

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