EANS-News: Balda AG / Balda AG commissions Hengeler Mueller to conduct voluntary special audit

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

Company Information

Bad Oeynhausen (euro adhoc) - Bad Oeynhausen, 1 March 2012: The Board
of Directors at Balda AG, in consultation with the Supervisory Board,
has mandated law firm Hengeler Mueller, based in Düsseldorf, with a
voluntary special audit of business transactions which took place
last year. This implements the announcement made at the plastics
processing company´s extraordinary general meeting on 8 February
2012.

The voluntary special audit will probe whether board members of Balda
AG have acted in line with their fiduciary duties in connection with
the company´s attempts in 2011 to sell its stocks in the Chinese
touchscreen manufacturer TPK Holding Co., Ltd., and whether Balda AG
has suffered any damages. The status of the audit will be reported at
the ordinary general meeting of Balda AG scheduled for 11 May 2012.

US-based hedge fund Octavian Special Master Fund L.P, which has
reported a voting interest of 5.22 per cent in Balda AG, has made
accusations against the company´s Supervisory Board in connection
with these attempts to dispose of the shares. The extraordinary
general meeting, called in response to Octavian´s request and held on
8 February 2012, confirmed all Supervisory Board members in their
current roles by clear majority.

Dominik Müser, CEO, Balda AG: "The voluntary special audit is vital
in clarifying the events of 2011 and in bringing to an end a period
of speculation in the interest of our company."

Company profile of Balda AG The Balda Group develops and produces
complete plastic assemblies, electronic products and products for the
medical technology industry. Balda´s customers are leading companies
in the pharmaceutical, medical technology, consumer electronics
electronic communications and mobile phone markets. The Group is
internationally positioned with production sites in Germany and
Malaysia. A subsidiary in the USA operates in product design and
development. Within the scope of its shareholding in a leading
touchscreen manufacturer in China, Balda is participating in the
dynamic development of the touchscreen displays market.

This Corporate News announcement contains forward-looking statements,
which are based on the current expectations of Balda´s management.
They therefore contain a range of risks and uncertainties because
they relate to future 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 will neither revise these forward-looking statements
nor correct them in the event of any unexpected development, unless
there is a legal obligation to do so.

This Corporate News announcement represents neither an offer to buy
shares nor an invitation to submit an offer to buy shares in the
United States or any other country. The shares in Balda AG (the
"shares") may not be offered or sold in the United States or to or
for the account of U.S. persons (as defined in Regulation S of the
U.S. Securities Act of 1933, in its current version (the "Securities
Act")), unless they are registered or are exempt from registration
under the Securities Act. The shares have not been and will not be
registered under the Securities Act.

Further inquiry note:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 - 54 04 - 91 92 0
Fax: +49 - 54 04 - 91 92 29
Mail: office@elsner-kommunikation.de

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Balda AG
Bergkirchener Str. 228
D-32549 Bad Oeynhausen
phone: +49 (0) 5734 9 22-0
FAX: +49 (0) 5734 922-2747
mail: info@balda.de
WWW: http://www.balda.de
sector: Semiconductors & active components
ISIN: DE0005215107
indexes: CDAX, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English