euro adhoc: TA Triumph-Adler AG
other
Ad-hoc Announcement by TA
Triumph-Adler AG as Stipulated by Article 15 WpHG(German Securities Trading Act)
Extraordinary depreciation: TA Triumph-Adler writes down minority interest
outside the core business area
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
28.07.2005
Nuremberg, July 28, 2005 - As stated by the TA Triumph-Adler AG Management Board, the company considers itself obliged to write off the silent participation in the Selltec Media Solutions GmbH, Hannover, which was entered into as part of the sale of the CAN.media group. The silent participation in Selltec Media Solutions, whose book value amouts to 3.4 million euros according to the Management Board, resulted from the sale of the CAN.media group. This sale represented a decisive step in TA Triumph-Adler AG dissolving its second most important business area, namely Presentation and Media Technology.
CAN.media was sold to a strategic investor in August 2004, who merged CAN.media into one of its companies which was also specialised in media integration. The purchase price was partly effected by the granting of the already mentioned silent participation. Now the Hannover based company, Selltec Media Solutions, has filed for insolvency. TA Triumph Adler will not participate in any salvaging measures due to strategic reasons, because, as stated, TA Triumph-Adler has withdrawn from that business sector - Presentation and Media Technology - where Selltec operates.
On August 11, 2005 the company will report about the business development and the results of the first half-year 2005.
Address of company: TA Triumph-Adler AG Suedwestpark 23 D - 90449 Nuernberg Phone: +49 / 911 / 68 98 - 0 Fax: +49 / 911 / 68 98 - 204 presse@triumph-adler.de 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
end of announcement euro adhoc 28.07.2005 12:41:06
Further inquiry note:
Uschie Wühr
Investor Relations
Telefon: +49(0)89 51084-914
E-Mail: uschie.wuehr@triumph-adler.de
Branche: Semiconductors & active components
ISIN: DE0007495004
WKN: 749500
Börsen: Berliner Wertpapierbörse
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