A.S. Création Tapeten AG / Acquisition 14.11.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- A.S. Création Tapeten AG, Europes leading wallpaper manufacturer, is in negotiations about the takeover of SCE - Société de conception et dédition S.A., Boves/France, and of MCF Investissements S.A., Ballancourt sur Essonne/France. The negotiations are at a well advanced stage. Consolidated sales of roughly EUR 43 million in 2007 make SCE and MCF the leading French wallpaper wholesalers. Between them, both companies employ about 90 people. France is the largest wallpaper market in Western Europe. A.S. Création already has its own distribution company, A.S. Création (France) S.A.S., Lyon, in this important output market. A.S. Création is convinced that the customer structures of A.S. Création, SCE and MCF ideally complement each other, which means that the takeover would clearly strengthen A.S. Créations market position in France. The companies will retain their own brand identities after the takeover. A.S. Création Tapeten AG plans to acquire 100% of the shares in SCE and MCF in two steps by the year 2011. Due diligence has been completed, and the details of the takeover are currently being negotiated. A legally binding contract is to be signed in December 2008. Gummersbach, November 14, 2008 A.S. Création Tapeten AG The Managing Board A.S. Création Tapeten AG Maik Krämer CFO Südstr. 47 D-51645 Gummersbach Phone + 49 (0)22 61/542-387 Fax + 49 (0)22 61/542-304 e-mail: m.kraemer@as-creation.de DGAP 14.11.2008 --------------------------------------------------------------------------- Language: English Issuer: A.S. Création Tapeten AG Südstraße 47 51645 Gummersbach Deutschland Phone: +49 22 61 54 2-0 Fax: +49 22 61 54 2-3 04 E-mail: investor@as-creation.de Internet: http://www.as-creation.de ISIN: DE0005079909 WKN: 507990 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: A.S. Création plans to take over two leading French wallpaper wholesalers
| Source: EQS Group AG