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029 Group SE

M&A Activity Sep 11, 2008

4544_rns_2008-09-11_1ad58b04-cfc7-4df8-89fa-028708bbcdd5.html

M&A Activity

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News Details

Takeover Bids | 11 September 2008 22:00

Takeover Offer ;

Target company: primion Technology AG; Bidder: Azkoyen S.A.

Release of an announcement according to the German Securities Acquisition and Takeover Act (WpÜG),

transmitted by DGAP – a company of EquityStory AG.

The bidder is solely responsible for the content of this announcement.

——————————————————————————

Announcement of the decision to launch a voluntary public takeover offer

(Übernahmeangebot) pursuant to Section 10(1) and (3) in conjunction with

Sections 29(1) and 34 of the German Securities Acquisition and Takeover Act

(Wertpapiererwerbs- und Übernahmegesetz).

Bidder:

Azkoyen S.A.

Avenida de San Silvestre, s/n

31350 Peralta (Navarra)

Spain

registered with the commercial register of the local court of Navarra under

no. T-327, F-142, H-NA-5602

Target Company:

primion Technology AG

Steinbeisstraße 2-5

72510 Stetten am kalten Markt

Germany

registered with the commercial register of the local court of Ulm under no.

HRB 710911

ISIN: DE0005117006 / WKN: 511700

The offer document will be published on the Internet under

http://www.azkoyen.com/deu/index.htm.

Information by the Bidder:

Azkoyen S.A. has decided on 11 September 2008 to offer to the shareholders

of primion Technology AG by way of a voluntary public takeover offer to

acquire all of their non par-value bearer shares in primion Technology AG

with a calculated quota of the share capital of EUR 1.00 per share for a

consideration in cash in the amount of

EUR 6.00 per share.

The offer will not be subject to a minimum acceptance threshold. Otherwise,

the offer will be subject to the provisions and conditions still to be

communicated in the offer document.

The decision to launch a voluntary public takeover offer is related to the

conclusion of a share sale and transfer agreement between Heinz Roth and

VHR Verwaltungsgesellschaft Heinz Roth mbH as sellers and Azkoyen S.A. as

purchaser regarding the acquisition of approximately 20.11% of the shares

in pimion Technology AG, as well as to the conclusion of a shareholders’

agreement on the coordination of the exercise of voting rights in primion

Technology AG.

Important Notice:

This announcement does not constitute an offer to purchase or an invitation

to make an offer to sell shares in the Target Company. The final conditions

and further provisions regarding the offer will be disclosed in the offer

document after the publication has been approved by the German Federal

Financial Supervisory Authority. Investors and shareholders of primion

Technology AG are strongly recommended to read the offer document and all

documents in connection with the offer as soon as they are published, since

they will contain important information.

Peralta (Navarra), September 11, 2008

Azkoyen S.A.

End of WpÜG announcement(c)DGAP 11.09.2008

—————————————————————————

Listed: primion Technology AG: Regulierter Markt in Frankfurt (Prime

Standard), Freiverkehr in Berlin, Düsseldorf, Hamburg, München und

Stuttgart

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