EANS-Adhoc: Balda AG / Balda AG: Michael Sienkiewicz resigns as CEO - Rainer Mohr new CEO

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.

16.02.2011

Bad Oeynhausen, 16 February 2011: The Supervisory Board and CEO, Michael Sienkiewicz, of the Frankfurt Stock Exchange SDAX listed Balda AG have agreed that Michael Sienkiewicz resigns with immediate effect from the Board of Directors of Balda AG. He will continue to be available as a consultant for Balda Solutions USA, Inc.
Rainer Mohr, already Chief Financial Officer of the company was appointed by the Supervisory Board as Chief Executive Officer. He will be in charge of both functions. The Supervisory Board would like to thank Michael Sienkiewicz for his previous work. Rainer Mohr is to evaluate the chances for continuance of the MobileCom segment and to expand the foundations for profitable growth of the Electronic Products and Medical segments.

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end of ad-hoc-announcement ================================================================================ Company Profile Balda AG
The Balda Group develops and produces complete plastic assemblies, electronic products and products for the medical industry. The customers of Balda are leaders in business from the mobile, entertainment and electronic communications as well as pharmaceutical and medical technology markets. The group has an international position with product sites in China, Malaysia and Germany. A subsidiary in the United States serves North American customers in product design and development. As part of a shareholding in a leading manufacturer of touch screens in China, Balda participates in the dynamic touch screen displays market.
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This ad-hoc announcement contains forward-looking statements, which are based on the current expectations of Balda´s management. They therefore contain a range of risks and uncertainties because they relate to future events and depend on circumstances that will occur in the future, such as, for example, developments in the mobile communications industry, changes in technology and the ability to timely and successfully develop new products and various other factors. Balda will neither revise these forward-looking statements nor correct them in the event of any unexpected development, unless there is a legal obligation to do so.
This ad-hoc announcement represents neither an offer to buy shares nor an invitation to submit an offer to buy shares in the United States or any other country. The shares in Balda AG (the "shares") may not be offered or sold in the United States or to or for the account of U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, in its current version (the "Securities Act")), unless they are registered or are exempt from registration under the Securities Act. The shares have not been and will not be registered under the Securities Act.

end of announcement euro adhoc

issuer: Balda AG Bergkirchener Str. 228 D-32549 Bad Oeynhausen phone: +49 (0) 5734 9 22-0 FAX: +49 (0) 5734 922-2747 mail: info@balda.de WWW: http://www.balda.de sector: Semiconductors & active components ISIN: DE0005215107 indexes: CDAX, Prime All Share

stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München
language: English

Rückfragen & Kontakt:

Clas Röhl
Tel.: +49 (0) 5734 922-2728
croehl@balda.de

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