Gigaset AG / Key word(s): Legal Matter 17.12.2013 10:26 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Munich, December 16, 2013. Gigaset AG ('Gigaset') has today achieved a 70% success in its lawsuit with Evonik Degussa GmbH ('Evonik'). Evonik had, in May 2012, filed an arbitration case against Gigaset and demanded a penalty payment in the amount of EUR 12mn. In its arbitration award, which was delivered to Gigaset today, the arbitration panel reduced Evonik's claim to EUR 3.5mn and dismissed the rest, bringing Evonik's success rate down to only 30%. Gigaset had accrued 3.6mnEUR in this matter. As such, the award will not impact the annual results. Gigaset will however examine the arbitration award in detail to determine whether the decision requires review by means of a annulment request ('Aufhebungsantrag') in front of a public court. 17.12.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Gigaset AG HofmannstraÃe 61 81379 München Germany Phone: +89444456937 Fax: +89444456930 E-mail: kerstin.diebenbusch@gigaset.com Internet: www.gigaset.com ISIN: DE0005156004 WKN: 515600 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Gigaset AG: Gigaset: 70% success in Evonik lawsuit / Result within accruals
| Source: EQS Group AG