21 July 2012

net mobile AG: Squeeze out request to Bankverein Werther Aktiengesellschaft submitted

net mobile AG by now holds shares in the amount of 95.16% of the registered share capital of Bankverein Werther Aktiengesellschaft, after the takeover of Bankverein Werther Aktiengesellschaft, based in Werther, in 2011. Today net mobile AG has sent a request pursuant to Sec. 327a para. 1 AktG (German Stock Corporation Act) to the management board of Bankverein Werther Aktiengesellschaft, to let the General Meeting of Bankverein Werther Aktiengesellschaft resolve the transfer of the minority shareholders' shares to net mobile AG as principle shareholder against payment of an appropriate cash compensation. The amount of the appropriate cash compensation payable by net mobile AG to the minority shareholders of Bankverein Werther Aktiengesellschaft will be determined, inter alia, through a business valuation of Bankverein Werther Aktiengesellschaft and will be determined by net mobile AG in due course.

Düsseldorf, July 20th 2012

net mobile AG
The Management Board

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