Kahl am Main, February 7, 2006 - As of today, the SINGULUS TECHNOLOGIES AG (SINGULUS) holds 84.74 % of the shares of the STEAG HamaTech AG. Thereof, 66.28 % of the STEAG HamaTech shares were purchased from the former majority owner SES/RAG and the other 18.46% were acquired in the course of the acceptance of the voluntary public tender offer as well as on the stock market.
Pursuant to Art. 16 Para. 2 WpÜG the Extented Acceptance Period of the public tender offer runs from February 8, 2006 to February 21, 2006, i.e., all remaining STEAG HamaTech shareholders are able to tender their shares for two additional weeks. (“Extended Acceptance Period�).
The extended offer still includes the acquisition of all bearer no-par-value shares of the STEAG HamaTech AG trading under ISIN DE0007309007 (WKN 730 900), each with a proportional share of the nominal capital of € 1.00 and entitled for dividends from January 1, 2005 at a price of € 2.40 per STEAG HamaTech share. This price amounts to a premium of nearly 30 % based on the weighted average stock price in the past three months prior to the announcement of the decision to make a tender offer on November 7, 2005. The acceptance has to be declared in writing to the custodian securities services company of the respective STEAG HamaTech shareholder. It will become effective with the transfer of the submitted shares into ISIN DE000A0JBP47 (WKN A0J BP4). Except for any charges and commissions of securities services companies outside of Germany the acceptance will be exempt from charges and commissions for the shareholders of STEAG HamaTech.
After the expiration of the Extended Acceptance Period the tender offer cannot be accepted any longer.
SINGULUS and STEAG HamaTech complement one another through their respective strengths in optical disc formats and will be able to offer their customers a broader range of products and improved services in the future. The merger of SINGULUS and STEAG HamaTech forms the basis for a technologic and market leadership in all optical disc formats especially in the course of the launch of the upcoming once-recordable Blu-ray/HD DVD for the recording of high-definition TV shows (HDTV).