Gigaset AG

M&A Activity • Jul 11, 2007

News Details

Corporate | 11 July 2007 14:00

ARQUES sells Salto Paper AG to strategic investor

ARQUES Industries AG / Disposal/Restructure of Company

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

---

The Starnberg based equity investment company, ARQUES Industries AG (ISIN
DE0005156004), has sold Salto Paper AG (formerly Wolfsheck paper mill) to a
strategic investor. The realised sales proceeds amount to CHF 150,000.
ARQUES took over the business activities, with which revenues of
approximately EUR 60 million were generated in 2006, within the framework
of an asset deal in September 2006 from StoraEnso for a symbolic purchase
price. The transaction will have no substantial influence on the annual
results 2007.

By means of this sale, ARQUES reacted to the problematic industry situation
which is affected by a significant rise in commodity prices. Due to ARQUES’
extensive restructuring measures the site could be secured and the basis
laid for the resale to a strategic investor. The new owner has extensive
industry experience.

About ARQUES

ARQUES Industries AG, Starnberg, (www.arques.de), is a turnaround
specialist who focuses on the acquisition and the active restructuring of
companies in transitional situations, in order to develop these, with its
own team and own resources, to competitive enterprises with a positive
yield. ARQUES revitalises its subsidiaries' potential for creating value
for the benefit of all its stakeholders, taking on the relevant social
responsibility. ARQUES has made a duty of identifying underestimated
companies with reduced survivability but with high appreciation potential,
at the same time mastering complex company structures and transitional
situations. The shares of ARQUES Industries AG are traded in the regulated
market (Prime Standard) of the Frankfurt Stock Exchange under the symbol
'AQU' (ISIN: DE0005156004) and are listed in the SDAX since September 19,
2005.

ARQUES Industries AG
Investor Relations & Corporate Communication
Anke Lüdemann, CEFA/CIIA
Email: luedemann@arques.de

Public Relations
Christian Schneider
Email: schneider@arques.de

Tel.: +49 (0) 8151/ 651 0

DGAP 11.07.2007

Language: English
Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg Deutschland
Phone: +49 (0)8151 651-0
Fax: +49 (0)8151 651- 500
E-mail: info@arques.de
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

---