Thielert AG: Thielert Vermögensverwaltung rejects accusations as unfounded

--------------------------------------------------------------------------------
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
the content of this announcement.
--------------------------------------------------------------------------------

Hamburg (euro adhoc) - Thielert AG has learned through media reports that the
German Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht - BaFin) is investigating whether voting rights
were correctly disclosed at the time of the company's IPO. The accusations come
from a former major shareholder.

The accusations do not concern Thielert AG but Thielert Vermögensverwaltungs
GmbH (TVV), which is accused of not having fully disclosed voting rights.

After a thorough investigation, TVV regards these accusations as being
completely without foundation. In addition, TVV believes that these accusations
are connected to a lawsuit, which Frank Thielert filed against this former major
shareholder in December. As part of their investigations, the public
prosecutor's office has already carried out extensive house searches at
properties owned by the former major shareholder and taken away materials.

RA Harms, TVV's legal representative, said "TVV has already contacted BaFin and
will cooperate with BaFin's investigations."

Further inquiry note:
Sebastian Wentzler
Head of Corporate Communication
Telefon: +49(0)40-696950-35
E-Mail: [email protected]

end of announcement euro adhoc 29.01.2007 06:26:17
--------------------------------------------------------------------------------

emitter: Thielert AG
Helbingstraße 64-66
D-22047 Hamburg
phone: +49(0)40-696950-0
FAX: +49(0)40-696950-50
mail: [email protected]
WWW: http://www.thielert.com
ISIN: DE0006052079
indexes: SDAX, CDAX, Prime All Share, Classic All Share
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free
trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
Bayerische Börse
sector: Machine Manufacturing
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | CNE

print