029 Group SE

Legal Proceedings Report • Jan 16, 2006

News Details

Ad-hoc | 16 January 2006 19:52

Celanese AG: Applications for Judicial Award Proceedings Admissible

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— In an ad hoc notice dated March 15, 2005, Celanese AG indicated that all 44 applications for the initiation of judicial award proceedings on the appropriateness of the guaranteed fixed annual payment (Ausgleich) and the cash compensation (Abfindung) set forth in the domination and profit and loss transfer agreement between Celanese Europe Holding GmbH & Co. KG and Celanese AG were dismissed for formal reasons as inadmissible by Frankfurt am Main District Court. Following the ruling 33 immediate appeals were lodged. Decisions by Frankfurt am Main Higher Regional Court were today served on Celanese AG ruling that 23 applications are admissible. The proceedings will therefore continue in Frankfurt am Main District Court. Celanese AG Frankfurter Str. 111 61476 Kronberg im Taunus Deutschland ISIN: DE0005753008 WKN: 575300 Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, München und Stuttgart End of ad hoc announcement (c)DGAP 16.01.2006