EANS-Adhoc: Derby Cycle AG: Amendment of the Business Combination Agreement with Pon and announcement of a Squeeze-Out request by Pon Holding Germany GmbH

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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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28.05.2012

Cloppenburg, 28 May 2012 - Derby Cycle AG and Pon Holdings B.V.
("Pon"), a company with registered seat in the Netherlands, as well
as Pon Holding Germany GmbH, a fully owned subsidiary of Pon, today
agreed upon the amendment of the Business Combination Agreement
("BCA") dated 21 September 2011. The BCA contained, inter alia, a
provision that provides for Derby Cycle AG remaining an independent,
stock exchange listed company for a period of 18 months, commencing
with the announcement of the takeover offer by Pon. Today, the
management board of Derby Cycle AG decided, with the consent of the
supervisory board, to agree to the amendment of the BCA. According to
the amendment, the principal shareholder of Derby Cycle AG, Pon
Holding Germany GmbH, will now be allowed to request the transfer of
all shares held by the minority shareholders to the principal
shareholder in return for payment of an appropriate cash compensation
pursuant to sec. 327a of the German Stock Corporation Act
(Aktiengesetz - AktG) already before the aforementioned
18-months-period has ended.

Pon Holding Germany GmbH informed Derby Cycle AG about its intention
to submit a request according to sec. 327a AktG to have the
shareholders meeting of Derby Cycle AG resolve upon the transfer of
all shares of minority shareholders to Pon Holding Germany GmbH in
return for payment of an appropriate cash compensation immediately
after the amendment of the BCA agreed today that is presumably on 29
May 2012.

Further information:
ISIN: DE000A1H6HN1
German Security Code Number (WKN): A1H6HN
Exchange: Regulated Market (Prime Standard), Frankfurt

Derby Cycle AG
Siemensstrasse 1-3
49661 Cloppenburg, Germany

< End of ad hoc announcement >

Further inquiry note:
cometis AG
Unter den Eichen 7
65195 Wiesbaden
www.cometis.de

Henryk Deter / Claudius Krause
Telefon: +49 (0)611-20 58 55-13
E-Mail: deter@cometis.de

end of announcement euro adhoc
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issuer: Derby Cycle AG
Siemensstr. 1-3
D-49661 Cloppenburg
phone: +49-4471-966-238
FAX: +49-4471-966-44820
mail: u.boegershausen@derby-cycle.de
WWW: http://www.derby-cycle.de
sector: Consumer Goods
ISIN: DE000A1H6HN1
indexes: SDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English