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DGAP-Adhoc: EPCOS AG:Initiation of Squeeze-out and preparation of Domination Agreement

23.01.2009
EPCOS AG / Squeeze Out 23.01.2009 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- TDK Corporation, Tokyo, Japan, has today issued a formal demand pursuant to section 327a AktG to the Management Board of EPCOS AG, demanding that the company's Annual General Meeting resolve to transfer the shares of minority shareholders to the majority shareholder, TDK Corporation, in exchange for an appropriate cash compensation (squeeze-out). TDK Corporation directly and indirectly holds shares totaling over 95 percent of the share capital of EPCOS AG. In addition, the Management Board of EPCOS AG and the management of TDK Germany GmbH, Düsseldorf, have today resolved to prepare for the signing of a Domination Agreement between TDK Germany GmbH as the controlling party and EPCOS AG as the controlled party. The conditions of the Domination Agreement, especially the amount of the compensation payment to be provided and the amount of the buyout offer, will be calculated and agreed in the following weeks. The same applies to the determination of the amount of the cash compensation in connection with the envisaged transfer of the shares of the minority shareholders. The corporate actions are subject to the approval by the General Meeting of EPCOS AG. Both resolutions are scheduled to be made at the Annual General Meeting, which is anticipated to take place end of May 2009. Munich, this 23rd January 2009 The Management Board EPCOS AG Contact: Peter Mueller, Leiter IR, Tel.: 089-636-21324 23.01.2009 Financial News transmitted by DGAP =-------------------------------------------------------------------------- Language: English Issuer: EPCOS AG St.-Martin-Straße 53 81669 München Deutschland Phone: +49 (0)89 636 - 09 Fax: +49 (0)89 636 - 21326 E-mail: investor.relations@epcos.com Internet: www.epcos.com ISIN: DE0005128003, DE000A0AFE45 WKN: 512800 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Stuttgart, München, Hamburg; Terminbörse EUREX End of News DGAP News-Service =--------------------------------------------------------------------------

EPCOS AG / Squeeze Out 23.01.2009 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- TDK Corporation, Tokyo, Japan, has today issued a formal demand pursuant to section 327a AktG to the Management Board of EPCOS AG, demanding that the company's Annual General Meeting resolve to transfer the shares of minority shareholders to the majority shareholder, TDK Corporation, in exchange for an appropriate cash compensation (squeeze-out). TDK Corporation directly and indirectly holds shares totaling over 95 percent of the share capital of EPCOS AG. In addition, the Management Board of EPCOS AG and the management of TDK Germany GmbH, Düsseldorf, have today resolved to prepare for the signing of a Domination Agreement between TDK Germany GmbH as the controlling party and EPCOS AG as the controlled party. The conditions of the Domination Agreement, especially the amount of the compensation payment to be provided and the amount of the buyout offer, will be calculated and agreed in the following weeks. The same applies to the determination of the amount of the cash compensation in connection with the envisaged transfer of the shares of the minority shareholders. The corporate actions are subject to the approval by the General Meeting of EPCOS AG. Both resolutions are scheduled to be made at the Annual General Meeting, which is anticipated to take place end of May 2009. Munich, this 23rd January 2009 The Management Board EPCOS AG Contact: Peter Mueller, Leiter IR, Tel.: 089-636-21324 23.01.2009 Financial News transmitted by DGAP =-------------------------------------------------------------------------- Language: English Issuer: EPCOS AG St.-Martin-Straße 53 81669 München Deutschland Phone: +49 (0)89 636 - 09 Fax: +49 (0)89 636 - 21326 E-mail: investor.relations@epcos.com Internet: www.epcos.com ISIN: DE0005128003, DE000A0AFE45 WKN: 512800 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Stuttgart, München, Hamburg; Terminbörse EUREX End of News DGAP News-Service =--------------------------------------------------------------------------

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