Goldbach Media AG requests Squeeze-out in ARBOmedia AG

Küsnacht, September 28, 2010. The board of Directors of Goldbach Media AG ("GBM") as the main shareholder of ARBOmedia AG ("ARBO") has adopted a resolution in favor of starting a squeeze-out procedure and will address a formal request to the ARBO management board.

GBM currently owns 97.6% of the share capital of ARBO, allowing this move according to German law. In order to effect the squeeze-out in ARBO, GBM intends to have a shareholder's resolution pursuant to § 327 a German Stock Corporation Act. In accordance with legal requirements, GBM will offer a fair cash compensation for each outstanding ARBO bearer share, based on an expert opinion. The fairness of such compensation will be reviewed by an expert to be selected and appointed by the comptent court of Munich.

ad-hoc disclosure

Cash compensation for GENEART AG shares fixed at EUR 14.60 per share

Domination agreement between GENEART AG and Applied Biosystems Deutschland GmbH concluded, compensation fixed at EUR 14.60 per share, guaranteed gross dividend fixed at EUR 0.99 per share

Regensburg/Darmstadt, September 27, 2010 - Applied Biosystems Deutschland GmbH has informed GENEART AG, that the cash compensation for the transfer of shares of the remaining shareholders (minority shareholders) of GENEART AG to Applied Biosystems Deutschland GmbH (squeeze out) has been fixed at EUR 14.60 per share.

Therewith Applied Biosystems Deutschland GmbH specifies its request made on August 3, 2010 according to section 327a para. 1 German Stock Corporation Act (Aktiengesetz, AktG), to let the general meeting of the company resolve on the transfer of the remaining shares to the major shareholder in return of an adequate cash compensation (squeeze out). At the extraordinary general meeting of GENEART AG, planned to be held on November 12, 2010 in Regensburg, the respective resolution shall be adopted.

On September 27, 2010, GENEART AG and Applied Biosystems Deutschland GmbH concluded a domination agreement (sections 291 et seq. AktG) with GENEART AG as dominated company and Applied Biosystems Deutschland GmbH as dominating company.

The compensation per share amounts to EUR 14.60 and the guaranteed gross dividend per share to EUR 0.99. The domination agreement still requires the consent of the general meeting. At the extraordinary general meeting of GENEART AG, planned to be held on November 12, 2010 in Regensburg, the respective resolution shall be adopted.

The expert´s opinions of PricewaterhouseCoopers Aktiengesellschaft Wirtschaftsprüfungsgesellschaft assess the company value of GENEART AG to roughly TEUR 59,561 for the determination of an appropriate compensation for the conclusion of the domination agreement and the planned transfer of the remaining shares of the minority shareholders. This leads to a value of roughly EUR 13.27 per share. During the reference period from May 3, 2010 to August 2, 2010, the weighted average stock exchange price amounted to EUR 14.60. Herewith the appropriate compensation per share of GENEART AG in the context of the transfer of shares according to sections 327a et seq. AktG and in the context of the conclusion of the domination agreement according to section 305 AktG amounts to EUR 14.60.

For further inquiries, please contact:
Dr. Karoline Stürmer
GENEART AG
Josef-Engert-Str. 11, 93053 Regensburg, Germany
Phone: +49-(0)941-942 76-417
Fax: +49-(0)941-942 76-711
ir@geneart.com www.geneart.com

Upcoming compensation procedures

Several (former) minority shareholders have instructed ARENDTS ANWÄLTE with their legal representation in compensation procedures (legal challenge of the cash compensation offered by the majority shareholder) with regard to following companies:

- Altana AG (squeeze-out registered)
- burgbad AG (squeeze-out pending)
- COMPUTERLINKS AG (squeeze-out registerd)
- Didier-Werke AG (squeeze-out registered)
- ERGO Versicherungsgruppe AG (squeeze-out registered)
- IDS Scheer AG (merger with Software AG)
- Kali-Chemie AG (squeeze-out registered)
- Steigenberger Hotels AG (squeeze-out pending)
- syskoplan AG (domination agreement/Beherrschungsvertrag)