Ernst Russ AG

Declaration of Voting Results & Voting Rights Announcements • Jul 8, 2011

News Details

Voting Rights Announcements | 8 July 2011 17:06

HCI Capital AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

HCI Capital AG

08.07.2011 17:06

Dissemination of a Voting Rights Announcement, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Reference is made to the following entities' voting rights announcement
pursuant to Section 21 and 22 of the German Securities Trading Act
(Wertpapierhandelsgesetz - WpHG) dated 14 June 2011.

Corsair Capital LLC, Corsair III Offshore Management L.P., Corsair III
Financial Services Offshore Capital Partners L.P., Corsair III Finance
Europe S.à r.l., Corsair III Investments International S.à r.l., Corsair
III Participations S.à r.l., Corsair III Benelux Investments S.à r.l.,
Corsair III European Investments S.à r.l. and Corsair III Investments
(Luxembourg) S.à r.l. (collectively the 'Corsair Companies') notified us on
7 July 2011 pursuant to Section 27a WpHG of the following with regard to
HCI Capital AG, Hamburg, Germany:

1. The shareholding in HCI Capital AG does not serve the realization of
   strategic objectives but primarily serves the realization of commercial
   profits.

2. The threshold mentioned in the voting rights announcement pursuant to
   Section 21 and 22 WpHG dated 14 June 2011 was surpassed due to the
   attribution of voting rights of third parties to the Corsair Companies
   according to Section 22, para. 1, sentence 1 No. 1, para. 3 WpHG and
   Section 22, para. 2 sentence 1, para. 3 WpHG. If these third parties will
   acquire further voting rights in HCI Capital AG in the next 12 months and
   if the structure for the attribution of voting rights to the Corsair
   Companies remains unchanged, these newly acquired voting rights will be
   attributed to the Corsair Companies as well.

3. The Corsair Companies do not seek to take influence on the appointment
   of members of the management board and/or the supervisory board of HCI
   Capital AG.

4. The Corsair Companies do not intend to fundamentally change the capital
   structure of HCI Capital AG as regards the debt-equity ratio or the
   dividends policy. It cannot be assessed at this point in time whether other
   changes to the capital structure of HCI Capital AG will be aspired.

5. Since the voting rights have been attributed to the Corsair Companies
   according to Section 22, para. 1, sentence 1 No. 1, para. 3 WpHG and
   Section 22, para. 2 sentence 1, para. 3 WpHG no funds were employed to
   acquire such voting rights.

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Language: English
Company: HCI Capital AG
Burchardstraße 8
20095 Hamburg
Deutschland
Internet: www.hci-capital.de

End of Announcement DGAP News-Service

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