DGAP-Adhoc: Beate Uhse AG: Beate Uhse adopts resolution to increase capital by 23,661,000 new shares: Subscription ratio of 2:1

Beate Uhse AG / Capital Increase

08.02.2008 

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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Subscription price of € 1.15 per new share
Subscription period expected to begin on 18 February 2008 
Investors guarantee subscription 

Flensburg, 8 February 2008 – The Management Board of Beate Uhse AG (ISIN
DE0007551400) has resolved, with the consent of the Supervisory Board, to
increase the company’s share capital from its current level of € 47,323,696
by € 23,661,000 to € 70,984,696 by issuing 23,661,000 new bearer shares
with a face value of € 1 each in return for cash contributions.

The new shares will be taken over by DZ BANK AG with the obligation to
offer them to shareholders for subscription. For every two shares held
(subscription ratio 2:1), each shareholder is entitled to subscribe one new
share at a subscription price of € 1.15 per new share. The subscription
offer for the new shares is expected to take place between 18 February 2008
and 3 March 2008. Details concerning the subscription of the shares can be
found in the subscription offer, which will be published in good time at
www.beate-uhse.ag.

No stock market trading in the subscription rights will take place. In its
function as subscription agent, DZ BANK AG has declared to the company,
without accepting any legal obligation to do so, that it is prepared to
attempt to broker the subscription rights of shareholders not wishing to
exercise their subscription rights. Consipio Holding BV, a major
shareholder, has declared to Beate Uhse AG that it will be exercising all
of the subscription rights to which it is entitled by virtue of the shares
it holds. ADEF Sárl Finance Consulting has undertaken towards Beate Uhse AG
and DZ BANK AG to take over all unsubscribed new shares at the subscription
price for the purpose of resale.

Beate Uhse expects the capital increase it has resolved to generate total
net proceeds of a maximum of € 24.9 million. The funds thereby received are
to be used to repay liabilities to banks. Furthermore, new financing
agreements have been concluded. The Group has therefore laid the
foundations necessary to press consistently ahead with its restructuring
programme, which focuses on the company’s long-term development. The
strategic realignment towards existing markets and the expansion into new
countries, in particular the expansion of the business in Eastern Europe,
are intended to enhance the Group’s competitiveness and to extend its
market position.

This publication constitutes neither an offer to sell nor a solicitation to
buy any securities. The offer will be made exclusively by means of and on
the basis of a securities prospectus to be published.

The Information contained herein is not for publication or distribution in
the United States. The material set forth herein is for informational
purposes only and is not intended, and should not be construed, as an offer
of securities for sale into the United States. The securities of Beate Uhse
Aktiengesellschaft described herein have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the
'Securities Act'), or the laws of any State, and may not be offered or sold
within the United States, except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the Securities
Act and applicable State laws. No money, securities or other consideration
is being solicited and, if sent in response to the Information contained
herein, will not be accepted.

Contact:
Beate Uhse AG
Assia Tschernookoff 
Leiterin Unternehmenskommunikation 
Gutenbergstraße 12 
24941 Flensburg 
www.beate-uhse.ag 
Fon: 0049 461 / 99 66 125 
Fax: 0049 461 / 99 66 377 


DGAP 08.02.2008 
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Language:     English
Issuer:       Beate Uhse AG
              Gutenbergstraße 12
              24941 Flensburg
              Deutschland
Phone:        +49 (461) 99 66 307
Fax:          +49 (461) 99 66 440
E-mail:       atschernookoff@beate-uhse.de
Internet:     www.beateuhse.ag
ISIN:         DE0007551400
WKN:          755140
Indices:      CDAX, PRIMEALL, CLASSICALLSHARE
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hannover, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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