DGAP-PVR: Balda AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

| Source: EQS Group AG EQS Group AG 

Balda AG / Release of an announcement according to Article 26 Section 1 Sentence 2 of the WpHG (Own shares)

02.12.2008 

Release of a Voting Rights announcement
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Announcement according to Article 26, Section 1 WpHG (the German Securities
Trading Act)

Audley Capital Management Limited, St. Peter Port, Great Britain, announced
according to Article 21, Section 1 WpHG (the German Securities Trading Act)
on November 28th, 2008, that its proportion of voting rights in Balda AG,
Bergkirchener Str. 228, 32549 Bad Oeynhausen, Germany, fell below the
threshold of 3 % on November 27, 2008, amounting to 2,21 % of all voting
rights (1.198.218 voting rights).

According to  Article 22 Section 1 Sentence 1 Number 6 WpHG (the German
Securities Trading Act)  2,21 % (1.198.218 voting rights ) are attributed
to Audley Capital Management Limited from Audley European Opportunities
Master Fund, St. Peter  Port, Great Britain.

Bad Oeynhausen, December 2008 

Balda AG, Bergkirchener Str. 228, 32549 Bad Oeynhausen 

DGAP 02.12.2008 
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Language:     English
Issuer:       Balda AG
              Bergkirchener Str. 228
              32549 Bad Oeynhausen
              Deutschland
Internet:     www.balda.de
End of News                                     DGAP News-Service
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