ARQUES Industries AG / Miscellaneous 14.08.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- ARQUES sells Austrian fashion chain Schöps Starnberg, August 14, 2008 - The Starnberg-based ARQUES Industries AG (ISIN DE0005156004), has sold its share in the Austrian fashion chain, Schöps, for a symbolic price. The buyer is the Austrian retail and real estate entrepreneurial family, Al-Wazzan. Schöps is still in a difficult situation despite the repositioning in the low price segment. Most recently the situation even became worse due to the extremely competitive environment in the Austrian retail business. Conceptually the buyer will operate differently and will partially change over to a franchise system. Within the course of the transaction, the buyer has committed itself to significant investments in Schöps. With this step, ARQUES is rigorously continuing the reassessment of its portfolio. Both successfully reorganised enterprises, as well as enterprises not able to attain their margin target, are to be sold. The buyer successfully operates franchise stores and retail shops in the textile business in Austria (Street One, Tally Weijl, Esprit, Leder Company, Jeans Only etc.). About ARQUES ARQUES Industries AG, Starnberg, (www.arques.de), is a business partner of conglomerates regarding company spin-offs and 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. 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. Contact 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 14.08.2008 --------------------------------------------------------------------------- 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: luedemann@arques.de Internet: www.arques.de ISIN: DE0005156004 WKN: 515600 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: ARQUES sells Austrian fashion chain Schöps
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