EANS-Adhoc: P&I Personal & Informatik AG / Take-over bid

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correction to an ad-hoc disclosure pursuant to section 15 of the WpHG
transmitted by euro adhoc with the aim of a Europe-wide distribution. The
issuer is solely responsible for the content of this announcement.
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12.02.2010

P&I Personal & Informatik AG (ISIN DE0006913403) was duly informed
this morning by Argon GmbH & Co. KG, Munich, a subsidiary of the
Carlyle Group, that they intend to submit a voluntary public
take-over bid to the shareholders of P&I Personal & Informatik AG.
According to this morning´s report, Argon GmbH & Co. KG presently
intends to submit the legal minimum price to our shareholders as part
of this bid. The Board of Directors and the Supervisory Board will,
in accordance with their legal obligations, comment this bid after we
have received the yet to be published bid documents.

original announcement:

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keywords Mergers - Acquisitions - Takeovers

EANS-Adhoc: P&I Personal & Informatik AG / Take-over bid

12.02.2010

P&I Personal & Informatik AG (ISIN DE0006913403) was duly informed
this morning by Argon GmbH & Co. KG, Munich, a subsidiary of the
Carlyle Group, that they intend to submit a voluntary public
take-over bid to the shareholders of P&I Personal & Informatik AG.
According to this morning´s report, Argon GmbH & Co. KG presently
intends to submit the legal minimum price to our shareholders as part
of this bid. The Board of Directors and the Supervisory Board will,
in accordance with their legal obligations, strongly oppose this bid
after we have received the yet to be published bid documents.

Further inquiry note:
Andreas Granderath
+49 (0)611 7147-267
agranderath@pi-ag.com

end of original announcement euro adhoc --------------
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sector publicity of original announcement:
2010-02-12 16:55:52 - Bloomberg- sent

2010-02-12 16:55:52 - Bloomberg- sent

end of announcement euro adhoc
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ots Originaltext: P&I Personal & Informatik AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Andreas Granderath

+49 (0)611 7147-267

agranderath@pi-ag.com

Branche: Software
ISIN: DE0006913403
WKN: 691340
Index: CDAX, Prime All Share, Technology All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade