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EANS-News: Balda AG: Commercial premises of the Bad Oeynhausen property has been let up to 80 percent

Bad Oeynhausen (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Company Information
Balda AG: Commercial premises of the
Bad Oeynhausen property has been let up to 80 percent
Bad Oeynhausen, 19 May 2010 - Balda AG, listed in the SDax segment on
the Frankfurt Stock Exchange, has let around 30 percent of the 
commercial premises that are part of its real estate at the Bad 
Oeynhausen headquarters to a manufacturer of machines for the 
printing industry. The Group´s subsidiary Balda Medical will extend 
its usage to around 50 percent of the modern factory buildings and 
office space. Based on the new usage concept for the business park, 
with access for persons external to the Group, around 80 percent of 
the floor space amounting to 26,000 square metres will be occupied 
and let as of August 2010.
A capacity utilisation of 92 percent is aimed for The business park 
located in the Wulferdingsen district of Bad Oeynhausen was completed
in 2001 and possesses high-quality technical equipment. Among other 
things, air conditioning systems, elevators and sufficient parking 
space are available. The conclusion of the letting contracts was 
completed on 18 May 2010. The letting period amounts to a minimum of 
5 years. The new tenant will establish about 160 jobs. The floor plan
that has been agreed on now already takes into consideration the 
production space slated for the further growth of Balda Medical, in 
particular additional assembly lines in production. A comprehensive 
modernisation for the high rack warehouse is scheduled in the fourth 
quarter. Together with the high rack warehouse—likewise being offered
for letting—and more office space, Balda AG aims for a capacity 
utilisation of approximately 92 percent of the total area of the 
business park in the financial year 2011.
* * *
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

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

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