DGAP-News: TIG Themis Industries Group reduces share capital as announced

TIG Themis Industries Group GmbH & Co. KGaA / Corporate Action

21.11.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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++ TIG Themis Industries Group reduces share capital as announced
++ Conversion of shares in 10:1 ratio after market closure on 
   21 November 2008

In the extraordinary general meeting of shareholders of TIG Themis
Industries Group GmbH & Co. KGaA (ISIN: DE0007857575) (formerly operating
under the name Themis Equity Partners GmbH & Co. KGaA) held on 4 September
2008, it was resolved to reduce the company’s share capital from
EUR 53,320,311 – divided into 53,320,311 registered shares with a nominal
value of EUR 1.00 each – to EUR 5,332,031. The reduction will be made as a
regular capital decrease (§§ 222 ff. of the German Companies Act) in order
to compensate for balance sheet loss and to adjust capital reserves for
amounts exceeding by consolidating shares in a 10:1 ratio. The general
partner is authorised to manage the details of implementing the resolution.

The capital decrease and corresponding amendment of the articles of
association came into effect upon entry of the resolution of the general
meeting on the reduction in share capital and the reclassification of the
equity capital in the Commercial Register of the District Court in
Frankfurt am Main on 4 November 2008.

Shareholder claims to individual certification of their shares are excluded
by the articles of association. The company’s share capital is documented
in the form of global certificates centrally deposited at Clearstream
Banking AG. The co-ownership shares in the global certificates are credited
to the shareholders by their custodian banks in the form of shares held in
collective safe custody.

After market closure on 21 November 2008, the shares held in collective
safe custody will be consolidated by the custodian banks in a ratio of
10:1. For every 10 shares with a per-share value of EUR 1.00 each (ISIN
DE0007857575), shareholders will obtain a new 'converted' share with a
share value of EUR 1.00 (ISIN DE000A0XYL04). If the consolidation ratio
results in share fractions, the custodian banks will act on the
instructions of their customers in attempting to settle factional interests
in the shares (ISIN DE000A0XYL12). The realisation of the capital decrease
is free of cost or charge for shareholders of TIG Themis Industries Group
GmbH & Co. KGaA with holdings up to the amount of
EUR 2.50 per portfolio.

++ About TIG Themis Industries Group

The TIG Themis Industries Group is an industrial holding company that
specialises in investments in small- and medium-sized companies in
turnaround and special situations. Restructuring teams throughout Europe
quickly revitalise TIG’s equity interests to create competitive, high
return companies. These investments are then either sold at a profit or
remain in the portfolio as base investments providing high dividends and
returns.

Contact:
TIG Themis Industries Group GmbH & Co. KGaA
Ulf Boenicke
Head of Investor Relations
Phone: +49 69 71 91 59 65 39
investor-relations@themis-industries.de


DGAP 21.11.2008 
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Language:     English
Issuer:       TIG Themis Industries Group GmbH & Co. KGaA
              Grüneburgweg 18
              60322 Frankfurt am Main
              Deutschland
Phone:        069 - 71 91 59 65 - 0
Fax:          069 - 71 91 59 65 - 11
E-mail:       info@themis-industries.de
Internet:     http://www.themis-industries.de
ISIN:         DE0007857575
WKN:          785757
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München
End of News                                     DGAP News-Service
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