Readcrest Capital AG

Legal Proceedings Report • Jul 11, 2008

News Details

Ad-hoc | 11 July 2008 13:58

Business Media China AG: Settlement in lawsuit with Julius Bär Kapitalanlage AG

Business Media China AG / Legal Matter

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Business Media China AG and Julius Bär Kapitalanlage AG have settled a
lawsuit, pending since 2001, proposed by the court of appeal in Frankfurt
am Main.

In 2001 Dino entertainment AG (as from 2002 due to change of company name:
CNV AG; as from 2005 due to change of company name: Business Media China
AG) sued Julius Bär Kapitalanlage AG for damages. Plaintiff lost the case
in the Lower Court in Frankfurt am Main and appealed with a claim of more
than EURO 6.5 million before the parties settled the case as follows:

1. Julius Bär Kapitalanlage AG pays to Business Media China AG
   EURO 1,000,000.00 plus 5% interest since 16 October 2001.
2. Plaintiff pays 85% of costs, defendant pays 15% of costs.

Therewith the legal dispute is settled, whereof the legal ground is dated
back in the days of Dino entertainment AG.

For more information:
Business Media China AG
Rotebühlstrasse 87
DE-70178 Stuttgart
invest@businessmediachina.com
Edwin van der Geest
+41 43 268 32 30

11.07.2008 Financial News transmitted by DGAP

Language: English
Issuer: Business Media China AG
Rotebühlstrasse 87
70178 Stuttgart
Deutschland
Phone: +49 (0)711 490 890 0
Fax: +49 (0)711 490 890 110
E-mail: invest@businessmediachina.com
Internet: www.businessmediachina.com
ISIN: DE0005250401
WKN: 525040
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart, München, Hamburg,
Düsseldorf

End of News DGAP News-Service

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