euro adhoc: Thielert AG / Justice/Processes / Decision of the District Court Hamburg on resolutions of the shareholders´ meeting of Thielert AG of August 1, 2007 (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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28.02.2008

A shareholder of Thielert AG had filed an action of avoidance and to declare the
nullity [Nichtigkeitsfeststellungs- und Anfechtungsklage] against the agenda
items & underlying motions and resolutions on the occasion of the shareholders´
meeting of Thielert AG on August 1, 2007. The shareholder turned to the District
Court Hamburg because she believed that she had not been informed sufficiently
during the shareholders´ meeting. The District Court Hamburg served its decision
of February 21, 2008, to Thielert AG on the evening of February 27, 2008. The
resolutions of the ordinary shareholders´ meeting of Thielert AG of August 1,
2007, by which the actions of the members of the management board and of the
supervisory board for the 2006 were ratified, were declared void. The District
Court explained its decision by stating that the "statement of the fact in the
form of keywords" was not able to clear all "information deficits".

Beyond this, the action was dismissed. The entire costs of the legal dispute are
to be borne by the suing shareholder herself. It remains to be seen, whether the
suing shareholder will appeal against the decision of the District Court
Hamburg. Should this be the case, Thielert AG will examine, whether it will file
a cross appeal in respect to the part burdening it.

Further inquiry note:
Sebastian Wentzler
Head of Corporate Communication
Phone: +1 37204 6961270
E-Mail: [email protected]

end of announcement euro adhoc
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emitter: Thielert AG
Helbingstraße 64-66
D-22047 Hamburg
phone: +49(37204)696-1270
FAX: +49(37204)696-1910
mail: [email protected]
WWW: http://www.thielert.com
sector: Machine Manufacturing
ISIN: DE0006052079
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse München
language: English

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