DGAP-Adhoc: IFCO SYSTEMS reached a civil non-prosecution

IFCO SYSTEMS N.V. / Scheme of Arrangement

19.12.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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IFCO Systems N.V. ('IFCO') today announced that its subsidiary IFCO Systems
North America, Inc. ('IFCO Systems N.A.') has reached a non-prosecution
agreement with the U.S. Department of Justice. The agreement removes the
prospect of any criminal charges against IFCO Systems N.A. by the United
States government as a result of the immigration enforcement action
launched against IFCO Systems N.A. on April 19, 2006.

IFCO Systems N.A. cooperated fully with the government throughout the
investigation, and has agreed to pay a financial penalty of US $ 20.6
million, payable in four non-interest bearing annual instalments, as part
of this settlement and IFCO Systems N.V. has guaranteed payment of such
penalty. IFCO Systems N.A. has also agreed to take a number of steps, many
of which have previously been implemented, to strengthen and standardize
employment and Form I-9 procedures throughout IFCO Systems N.A.s more than
150 operations across the nation.

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Information and Explaination of the Issuer to this News:

'We are pleased and gratified to have reached this non-prosecution
agreement with the government,' said Karl Pohler, Chief Executive Officer
of IFCO SYSTEMS, N.V.. 'IFCO is committed to doing business with the
highest ethical standards, and to complying with all federal and state
employment laws and regulations. Todays agreement reflects that
commitment.'

'Over the last 32 months, we at IFCO have significantly upgraded our
compliance procedures to go well beyond what the law requires, so that
today I am confident that IFCO is the most compliant company in the
industry,' said Dave Russell, President of IFCO SYSTEMS NORTH AMERICA,
INC.. 'I am certain that the governments willingness to enter into this
non-prosecution agreement reflects a recognition of all of our efforts.'

The settlement and the agreement not to prosecute apply only to IFCO
Systems N.A. and do not address the previously-disclosed prosecutions of
IFCO employees accused of various immigration-related offenses.


Michael W. Nimtsch
Chief Financial Officer 
IFCO SYSTEMS     
Zugspitzstr. 7 
82049 Pullach       
089.74491.121   
Michael.nimtsch@ifco.de


DGAP 19.12.2008 
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Language:     English
Issuer:       IFCO SYSTEMS N.V.
              Evert van de Beekstraat 310
              1118 CX Schiphol Centrum
              Niederlande
Phone:        +31 20 5214777
Fax:          +31 20 5214888
E-mail:       sabine.preiss@ifco.de
Internet:     www.ifco.de
ISIN:         NL0000268456
WKN:          157670
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, München, Düsseldorf
End of News                                     DGAP News-Service
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DGAP-Adhoc: IFCO SYSTEMS reached a civil non-prosecution agreement with the U.S. Department of Justice regarding the ICE investigation
