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Eybl International AG

euro adhoc: Eybl International AG
Liquidity Problems/Over-Indebtedness
Eybl International files for administrative receivership

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
19.12.2008
Eybl International AG (ISIN: AT0000908157) announces that the recent 
talks about a takeover by the Slovenian Prevent Group have not led to
a positive conclusion so far.
Owing to direct financial consequences of the current economic crisis
on Eybl International AG the management decided, in line with legal 
requirements, to file for administrative receivership for Eybl 
International AG and its subsidiary Eybl Austria Gmbh with the Krems 
provincial court.
The two companies will also notify the Austrian Employment Agency AMS
of potential lay-offs of their Austrian staff of together approx. 600
people, as a precautionary measure and in compliance with 
early-warning requirements.
Based on preliminary talks already conducted with customers, 
suppliers and banks, and on successful restructuring measures taken 
over the past months the management of Eybl International AG aims to 
speedily conclude the administrative receivership proceedings, and 
thereby secure the jobs in question for the long term.
About Eybl International Eybl International, a company specialising 
in textile production, fabrication and components for auto-motive 
interiors operates internationally at eight production sites in 
Austria, Hungary, Romania, Ger-many and Slovakia as well as at four 
distribution sites in Germany, France, Spain and Britain along-side 
of its corporate headquarters in Krems in Lower Austria and is 
recognised as a competent, reli-able and innovative partner to the 
automotive sector.
Eybl International AG, traded publicly on the Vienna Stock Exchange, 
has for decades been a special-ist in the automotive sector for 
complete textile furnishing of interiors made from cloth and leather.
From product development and design up through production, Eybl 
International produces qualitatively upscale textiles and interior 
parts with the latest technologies for passenger cars as well as for 
lorries and busses and even for customers in the non-automotive 
sector (rail and air).
end of announcement                               euro adhoc

Further inquiry note:

Eybl International AG
Investor Relations
Robert Gabriel
Tel.: +43 (0) 2732 881-300
Fax: +43 (0) 2732 881-79
mailto:robert.gabriel@eybl-international.com

Branche: Speciality stores
ISIN: AT0000908157
WKN: 914117
Index: WBI, Standard Market Auction
Börsen: Wiener Börse AG / official market

Plus de actualités: Eybl International AG
Plus de actualités: Eybl International AG