EANS-Adhoc: ESCADA AG / Insolvency petition has been filed - Christian Gerloff, LL.D., has been appointed as preliminary insolvency administrator

ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.


Munich, August 13, 2009 - Today the Board of Management of ESCADA AG filed an insolvency petition with the competent insolvency court the Municipal Court of Munich. The court decreed on August 13, 2009 at 12:00 a.m. the preliminary administration of the insolvent's assets and appointed Christian Gerloff, LL.D., Munich, as preliminary insolvency administrator.

ESCADA AG's national and international subsidiaries are not initially affected by the insolvency of the parent company. Wherever subsidiaries are guaranteeing the fulfillment of the 2005/2012 bond, which applies on a case to case basis, restructuring and/or insolvency proceedings for these subsidiaries might be considered under the application of national laws.

end of announcement euro adhoc

emitter: ESCADA AG Einsteinring 14-18 D-85609 Aschheim/München phone: +49 (0)89 9944 0 FAX: +49 (0)89 9944 1111 mail: info@de.escada.com WWW: http://www.escada.com sector: Clothing ISIN: DE0005692107, XS0215685115 DE0005568174 indexes: CDAX, Classic All Share, Prime All Share stockmarkets: Open Market: Berlin, Hamburg, Stuttgart, Düsseldorf, regulated dealing/prime standard: Frankfurt, regulated dealing: München language: English

Rückfragen & Kontakt:

Investor Relations
Yara Kes
Tel.: +49 (0) 89 9944 1336
E-mail: yara.kes@de.escada.com

Frank Elsner Kommunikation für Unternehmen GmbH
Frank Elsner
Tel.: +49 - 54 04 - 91 92 0
Email: info@elsner-kommunikation.de