Walldorf, March 6, 2007. At its General Meeting, scheduled to be held in Wiesloch on May 22, 2007, the Executive and Supervisory Boards of REALTECH AG, Walldorf, will propose to reduce REALTECH AG's share capital by EUR 1,374,962.04 to EUR 5,173,452.00, with a view to paying back part of the company's share capital to shareholders. At present, the company's share capital amounts to EUR 6,570,284.04, split into 5,173,452 no-par value shares listed in the name of the holders, making the arithmetical proportion of the share capital EUR 1.27 per share. The reduction will be carried out in accordance with the regulations concerning ordinary capital reduction (Section 222 ff of the German Stock Corporation Act), by reducing the arithmetical proportion of share capital allotted to each no-par value share. As a result of the capital reduction, the proportionate amount of share capital allotted to each individual share will decrease by EUR 0.27 from EUR 1.27 to EUR 1.00.
The Executive Board will be authorized to pay out to shareholders the amount of EUR 0.27 per no-par value share at the end of the six-month waiting period for the repayment of the reduced share capital, and once the company's creditors have been satisfied or provided with collateral (Section 225, paragraph 2, sentence 1 of the German Stock Corporation Act).
The two committees made this decision during their meetings on March 5, 2007.
Contact:
Volker Hensel
Investor Relations
REALTECH AG
69190 Walldorf
Tel.: +49.6227.837.500
Fax: +49.6227.837.9134