EANS-General Meeting: Intercell AG / Resolutions of the General Meeting

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Intercell 2011 Annual Shareholders Meeting - All Resolutions Approved

Report on the annual shareholders meeting and announcement according to Para 82
Section 9 Austrian Stock Exchange Act in connection with Para 2 Section 1 and
Para 3 Section 1 Publication Directive regarding the authorization to repurchase
own shares

Vienna, June 10, 2011 - Intercell AG (Vienna Stock Exchange, ICLL) today
announced that all proposed resolutions were approved by the Annual Shareholders
Meeting held today. A total of approximately 28% of the outstanding share
capital of Intercell AG was represented in the meeting.
Announcement regarding authorization to repurchase own shares: Amendment of the
authorization granted by the shareholders´ meeting on June 25, 2010, for a share
repurchase program by adjusting the equivalent to be paid for treasury shares.
The authorization from now on reads as follows:

The management board is authorized according to section 65 para 1 subpara 8
Stock Corporation Act to purchase within the legal limits treasury shares within
a duration of 30 months from the date of the resolution, that is June 25, 2010
at a minimum equivalent of Euro 4.00 per share and a maximum equivalent of Euro
30.00 per share. The management board shall be further authorized a) to use
treasury shares to serve stock options granted to employees, executives and
members of the management board of the Company or an undertaking affiliated with
it and/or members of the supervisory board of the Company or an
undertaking affiliated with it, b) to sell treasury shares in accordance with
section 65 para 1 b Stock Corporation Act at any time via the stock exchange or
by a public offer, or c) with the consent of the supervisory board to resolve on
another way of conveying of the treasury shares than on the stock exchange or by
a public offer under exclusion of the subscription rights of existing
shareholders.

The further resolutions included:

» Discharge of the members of the management board for the business year 2010.
» Discharge of the members of the supervisory board for the business year 2010.
» Remuneration for the members of the supervisory board for the business year
2010.
» Election of two members to the supervisory board, Alexander von Gabain and
Thomas Szucs.
» Providing for the grant of stock options as remuneration to members of the
Company´s supervisory board.
» Authorization of the management board to resolve with the consent of the
supervisory board on a conditional capital increase for the purpose of
granting share options to employees.
» Election of the auditor and the group auditor for the business year 2011.

At the meeting Intercell's Management Team (CEO Thomas Lingelbach, CFO Reinhard
Kandera and CBO Staph Leavenworth Bakali) reported on the business year 2010
including the financial results and presented an overview on the business
strategy and recent achievements in 2011. The presentation to the shareholders
is available at the Company's website www.intercell.com.

Further inquiry note:
Intercell AG
Nina Waibel
Corporate Communications
Tel. +43 1 20620-1222
[email protected]
end of announcement euro adhoc
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issuer: Intercell AG
Campus Vienna Biocenter 3
A-1030 Wien
phone: +43 1 20620-0
FAX: +43 1 20620-800
mail: [email protected]
WWW: www.intercell.com
sector: Biotechnology
ISIN: AT0000612601
indexes: ATX Prime, ATX
stockmarkets: official market: Wien
language: English

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