EANS-General Meeting: CHRIST WATER TECHNOLOGY AG / Resolutions of the General Meeting

General meeting information transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

CHRIST WATER TECHNOLOGY AG / General Meeting approves squeeze-out of minority shareholders.

Mondsee, 30 July 2010

As requested by the principal shareholder, Eimco Water Technologies GmbH ("Eimco"), an indirect subsidiary of GLV Inc. ("GLV"; ticker symbols GLV.A and GLV.B on the Toronto Stock Exchange), the 9th Annual General Meeting of CHRIST WATER TECHNOLOGY AG ("CWT") today - in accordance with the Squeeze-out Act (Gesellschafter-Ausschlussgesetz) - approved the transfer of shares held by the remaining shareholders to Eimco as the principal shareholder (squeeze-out).

The shares will be transferred to Eimco upon the squeeze-out being entered in the Commercial Register. As per the resolution adopted by the General Meeting, the affected shareholders shall receive a cash settlement in the amount of EUR 2.10 per CWT share which will be paid out in line with statutory requirements after the squeeze-out has been entered in the Commercial Register.

end of announcement euro adhoc

issuer: CHRIST WATER TECHNOLOGY AG
Walter-Simmer-Straße 4
A-5310 Mondsee
phone: +43/6232/5011-1001
FAX: +43/6232/5011-1109
mail: office@christ-water.com
WWW: www.christ-water.com
sector: Biotechnology
ISIN: AT0000499157
indexes: WBI, Standard Market Continous
stockmarkets: official market: Wien
language: English

Rückfragen & Kontakt:

Christ Water Technology AG
Mag. Harald Wegscheider
harald.wegscheider@christwater.com
Tel.: 06232/9011-1002

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