EANS-General Meeting: CHRIST WATER TECHNOLOGY AG / Invitation to the General Meeting

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General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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CHRIST WATER TECHNOLOGY AG
5310 Mondsee, Walter-Simmer-Straße 4
FN 173093z
(the "Company" or "CWT")

Notification
pursuant to § 3 Sec 4 Squeeze-out Act

and

Invitation

Pursuant to § 3 Sec 4 Squeeze-out Act
(Gesellschafter-Ausschlussgesetz), the Management Board of an
Austrian stock corporation is obliged to make an announcement
regarding any planned resolution to squeeze out minority shareholders
at least one month before the day of the General Meeting.

Eimco Water Technologies GmbH ("Eimco"), a limited liability company
under Austrian law with its registered office in Vienna and its
business address at Parkring 2, A-1010 Vienna, Austria, registered
with the Commercial Register of the Commercial Court of Vienna under
FN 326396w, and shareholder of CHRIST WATER TECHNOLOGY AG, has
requested in accordance with the Squeeze-out Act that the General
Meeting of CWT adopt a resolution transferring all shares held by the
remaining shareholders to Eimco as principal shareholder.

This resolution shall be adopted at the Annual General Meeting.

The shareholders of the Company are hereby invited to

the 9th Annual General Meeting
of CHRIST WATER TECHNOLOGY AG

which will be held on Friday, 30 July 2010 at 9:30 a.m. at Schloss
Mondsee, Tagungssaal des Schlosses Mondsee (Kultur- und
Veranstaltungszentrum, Schlosshof 1a) in 5310 Mondsee.

The A g e n d a

is as follows: 1. Presentation of the approved annual financial
statements for 2009, including the management report and corporate
governance report, and presentation of the approved consolidated
financial statements for 2009, including the group management report,
and the report of the Supervisory Board. 2. Adoption of a resolution
regarding the formal discharge of the members of the Management Board
and Supervisory Board for the 2009 financial year. 3. Election of
members to the Supervisory Board. 4. Adoption of a resolution
regarding the squeeze-out of minority shareholders pursuant to § 1
Sec 1 Subsec 1 Squeeze-out Act ("Gesellschafter-Ausschlussgesetz"),
i.e. the transfer of all shares held by the remaining shareholders of
CHRIST WATER TECHNOLOGY AG to Eimco Water Technologies GmbH as
principal shareholder against payment of an appropriate cash
settlement pursuant to § 2 Squeeze-out Act.

Squeeze-out (Agenda item 4) In accordance with the request made by
Eimco as principal shareholder, the Management Board and Supervisory
Board of CWT propose that a resolution based on the following text be
adopted at the 9th Annual General Meeting of CWT:

"Pursuant to § 1 of the Austrian Squeeze-out Act, the shares of all
shareholders of CHRIST WATER TECHNOLOGY AG other than those held by
Eimco Water Technologies GmbH, Parkring 2, A-1010 Vienna, having its
registered seat in Vienna and registered with the Commercial Register
of the Commercial Court of Vienna under FN 326396w, shall, against
payment of an appropriate cash settlement, be transferred to the
principal shareholder Eimco Water Technologies GmbH. The principal
shareholder shall pay to minority shareholders the sum of EUR 2.10
for each share they hold in CHRIST WATER TECHNOLOGY AG, free of
costs, commissions, and other charges. The cash settlement shall be
due and payable latest two months after the day on which the
announcement is deemed to have been made regarding the squeeze-out´s
entry in the Commercial Register pursuant to § 10 of the Austrian
Commercial Code and it shall accrue interest at a rate of 2% per
annum above the base rate applicable at the time, beginning on the
day following the General Meeting at which the resolution was adopted
up until the due date. The principal shareholder shall bear the costs
of performing the squeeze-out, in particular, payment of the cash
settlement."

Documents relative to Squeeze-out Shareholders should note that,
pursuant to § 3 Sec 5 Squeeze-out Act, they can inspect the following
documents at the Company´s registered seat in 5310 Mondsee,
Walter-Simmer-Straße 4 from 30.06.2010, and these documents may also
be downloaded free of charge from the Investors section of the
Company´s website (http://www.christwater.com/EN/):

a) The text of the proposed resolution regarding the squeeze-out; b)
The Joint Report of the Management Board of CWT and Eimco pursuant to
§ 3 Sec 1 Squeeze-out Act; c) The Audit Report prepared by Grant
Thornton Wirtschaftsprüfungs- und Steuerberatungs-GmbH as the
court-appointed expert auditor in accordance with § 3 Sec 2
Squeeze-out Act; d) The Audit Report of the Supervisory Board of CWT
in accordance with § 3 Sec 2 Squeeze-out Act; e) The annual financial
statements and management reports of CHRIST WATER TECHNOLOGY AG for
the past three years, i.e. 2007, 2008 and 2009; and f) The
consolidated financial statements and group management reports for
the past three financial years, i.e. 2007, 2008 and 2009.

Every shareholder is entitled to inspect the documents.

The documents will be available on the Company´s website under
http://www.christwater.com/EN/ for a period of one month after the
General Meeting.

Documents relative to Annual General Meeting From Friday, 09.07.2010,
shareholders will be able to inspect the following documents,
pursuant to § 108 Sec 3 Stock Corporation Act, at the Company´s
premises in 5310 Mondsee, Walter-Simmer-Straße 4:

a) the annual financial statement, including the management report
and the corporate governance report, and the consolidated financial
statements, including the group management report, and the report of
the Supervisory Board; and b) the proposed resolutions of the
Management Board and Supervisory Board, including the declarations of
the candidates put forward for election to the Supervisory Board
pursuant to § 87 Sec 2 Stock Corporation Act.

From 09.07.2010, the above-mentioned documents, the full version of
this invitation and the form for the granting and revocation of a
proxy for the General Meeting (§ 114 Stock Corporation Act) may also
be downloaded from the Company´s website
http://www.christwater.com/EN/Investors/General-Meeting/. The
above-mentioned information will also be available on the Company´s
website for a period of one month after the General Meeting.

Right to participate - Record date and safe custody receipt
("Depotbestätigung") As a result of the amendments to the Stock
Corporation Act introduced by the Act Amending the Stock Corporation
Act 2009 ("Aktienrechtsänderungsgesetz 2009"), the regulations in the
Company´s Articles of Association regarding the convocation of a
General Meeting, the depositing of shares for the General Meeting and
the right to participate in the General Meeting do not apply.

Participation in the General Meeting and the exercising of
shareholders´ rights, which are exercised in the course of a General
Meeting, depend on the ownership of shares on the record date, that
is the end of the tenth day before the General Meeting, accordingly,
on Tuesday, 20.07.2010, 12 p.m. (midnight) CEST. Participation in the
General Meeting is only permitted if a person is a shareholder on
that date and proves this fact to the Company.

In the case of deposited bearer shares ("depotverwahrte
Inhaberaktien"), submitting a safe custody receipt
("Depotbestätigung"), which must be received by the Company no later
than 27.07.2010, is sufficient proof of share ownership pursuant to §
10a Stock Corporation Act.

The safe custody receipt ("Depotbestätigung") must be issued by a
credit institution maintaining the deposit with its seat in a member
state of the European Economic Area or in a full member state of the
OECD and it needs to contain at least the requirements set out in §
10a Stock Corporation Act: information concerning the entity issuing
the receipt: name/corporate name and address. Information concerning
the shareholder: name/corporate name, address, date of birth for
natural persons, and where applicable commercial registry and
commercial registration number for legal persons. Information
concerning the shares: number of shares held by the shareholder, safe
custody number and any other relevant description, and the date to
which the safe custody receipt refers. The safe custody receipt must
refer to the above-mentioned record date of 20.07.2010, 12 p.m.
(midnight) CEST, in order to qualify as evidence of share ownership
for the purposes of participation at the General Meeting. The safe
custody receipt ("Depotbestätigung") may be submitted in the German
or English language and must be in writing (with signature under
private hand) ("Schriftform").

The transmission of safe custody receipts ("Depotbestätigungen") via
an internationally disseminated, specifically secured communication
network of credit institutions is excluded pursuant to § 262 Sec 20
Stock Corporation Act. Consequently, safe custody receipts
("Depotbestätigungen") may only be submitted by fax to +43 6232 9011
1099 or by post to CHRIST WATER TECHNOLOGY AG, A-5310 Mondsee,
Walter-Simmer-Straße 4. Transmission by electronic means (e-mail) is
only allowed if a qualified electronic signature (§ 4 Act on
Signatures, "SignaturG") is used; in such case, only the following
e-mail address may be used: office@christ-water.com.

Shareholders should note that shares do not become non-tradable
either as a result of registration for the General Meeting or through
the submission of a safe custody receipt ("Depotbestätigung"), and
shareholders are able to freely dispose of their shares, without
restriction, even after registration is effected or the safe custody
receipt ("Depotbestätigung") has been submitted.

Reference to the rights of shareholders pursuant to § 106 (5) Stock
Corporation Act Pursuant to § 109 Stock Corporation Act, shareholders
whose shares equal in aggregate 5 % of the share capital of the
Company may request in writing that items are added to the agenda of
the General Meeting and details are published accordingly. Each
requested addition to the agenda must include a proposal for a
resolution and a detailed explanation of the reasons for the
proposal. Shareholders who make such a request must have held their
shares for a period of three (3) months prior to submitting the
request. Such a request in writing (with signature under private
hand) ("Schriftform") must be received by the Company by the 21st day
before the General Meeting, that is 09.07.2010, solely at the address
of CHRIST WATER TECHNOLOGY AG, A-5310 Mondsee, Walter-Simmer-Straße
4. Transmission by electronic means (e-mail) is only allowed if a
qualified electronic signature (§ 4 Act on Signatures, "SignaturG")
is used; in such case, only the following e-mail address may be used:
office@christ-water.com.

Pursuant to § 110 Stock Corporation Act, shareholders whose shares
equal in aggregate 1 % of the share capital may submit to the Company
in writing ("Textform") proposals for resolutions in respect of each
agenda item and may request that these proposals are made available
on the Company´s website, together with the names of the respective
shareholders, the reasoning behind the proposals and, where
applicable, the statements issued by the Management Board or the
Supervisory Board. Proposals submitted for the election of members to
the Supervisory Board (item 3 of the agenda) must be accompanied by a
declaration from the person being nominated pursuant to § 87 Sec 2
Stock Corporation Act, instead of an explanation of the reasons for
the proposal. Where such declaration is not provided, no vote
regarding the person so nominated is permitted. The request must only
be taken into account by the Company if it is received by the Company
by the 7th business day before the General Meeting, that is
21.07.2010 at the very latest, at the address of CHRIST WATER
TECHNOLOGY AG, A-5310 Mondsee, Walter-Simmer-Straße 4 or it may be
sent by fax to +43 6232 9011 1099 or by e-mail to:
office@christ-water.com.

Pursuant to § 109 and § 110 Stock Corporation Act, shareholders must
provide evidence of share ownership in order to exercise their rights
as shareholders. In the case of deposited bearer shares
("depotverwahrte Inhaberaktien"), the submission of a safe custody
receipt ("Depotbestätigung"), which, at the time of its submission,
must not be more than seven (7) days old, is sufficient evidence
pursuant to § 10a Stock Corporation Act. In respect of the other
requirements related to safe custody receipts ("Depotbestätigungen"),
reference is made to the above explanations. In connection with the
exercise of shareholders´ rights pursuant to § 109 Stock Corporation
Act, the safe custody receipt must indicate that the shareholder has
held the shares for at least three (3) months prior to the date of
any application.

Information on the affairs of the Company must be provided upon
request to each shareholder in the General Meeting pursuant to § 118
Stock Corporation Act, as far as such information is required for the
proper assessment of an agenda item. The obligation to provide
information also extends to the Company´s legal and business
relations with an affiliated company. Information may be refused to
the extent the relevant information - based on a reasonable economic
assessment - could cause a material disadvantage to the Company or an
affiliated company, or where providing such information would lead to
criminal liability. Information may also be refused if the relevant
information has been permanently available in the form of questions
and answers on the Company´s website for a period of at least seven
(7) days before the General Meeting. Reference must be made to the
reason for any refusal.

Pursuant to § 3 Sec 8 Squeeze-out Act each shareholder must upon
request be provided with information regarding all of the principal
shareholder´s material affairs at the shareholders´ meeting. Section
118 Sec 3 Stock Corporation Act (refusal of information, see above)
shall apply mutatis mutandis.

Each shareholder, the Management Board and the Supervisory Board are
entitled to propose resolutions in the General Meeting in respect of
each agenda item pursuant to § 119 Stock Corporation Act. A
resolution may not be passed in respect of an item which was not duly
publicised as an agenda item. No announcement is required in respect
of the adoption of a resolution regarding an application submitted at
the meeting which relates to the convocation of a General Meeting or
with respect to debates not requiring the adoption of a resolution. A
proposed resolution, which was published pursuant to § 110 Stock
Corporation Act on the Company´s website, can only be voted upon if
it is repeated as an application in the General Meeting. It is
mandatory for a shareholder proposal for the election of a member to
the Supervisory Board to be preceded by the submission of a proposal
for a resolution pursuant to § 110 Stock Corporation Act, together
with the declaration required pursuant to § 87(2) Stock Corporation
Act (see above).

Further information on shareholders´ rights pursuant to §§ 109, 110,
118 and 119 Stock Corporation Act may be found on the Company´s
website: http://www.christwater.com/EN/Investors/General-Meeting/.

Representation by proxies Each shareholder entitled to participate in
the General Meeting has the right to appoint a natural or legal
person as proxy to participate in the General Meeting in the name of
the shareholder and who has the same rights as the shareholder whom
he/she represents. The Company itself or a member of the Management
Board or the Supervisory Board may only exercise voting rights as
proxy to the extent the shareholder has issued an explicit voting
instruction in respect of the specific agenda items.

The proxy must be issued in writing ("Textform"); a revocation must
also be in writing ("Textform"). For the appointment of a proxy and
its revocation, the form which is available free of charge on the
Company´s website:
http://www.christwater.com/EN/Investors/General-Meeting/, or which
may be sent upon request by the Company to a shareholder, may be
used. The proxy and its revocation, respectively, may either be
submitted to the Company in the General Meeting before voting
commences, or they may be submitted by fax to +43 6232 9011 1099, by
e-mail to office@christ-water.com or by post to CHRIST WATER
TECHNOLOGY AG, A-5310 Mondsee, Walter-Simmer-Straße 4. However, if
these means of communication are used, the proxy or its revocation
must in any case be received by the Company no later than 29.07.2010,
1 p.m. CEST.

Where a shareholder has granted a proxy to the credit institution
maintaining his or her deposit, it will be sufficient if the credit
institution declares, in addition to the safe custody receipt
("Depotbestätigung"), that a proxy was granted to it. The submission
of such declaration via an internationally disseminated, specifically
secured communication network of credit institutions is expressly
excluded pursuant to § 262 Sec 20 Stock Corporation Act; the
submission is effected through the communication channels referred to
above in connection with the safe custody receipts
("Depotbestätigungen").

Pursuant to § 106 Subsec 9 Stock Corporation Act and § 83 Sec 2
Subsec 1 Stock Exchange Act, the Company hereby advises that the
share capital of the Company is divided into 19,644,349 non par value
bearer shares. Each non-par value share confers the right to one
vote. The Company owns no shares in the Company at the time of
convocation of the General Meeting. Accordingly, currently 19,644,349
voting rights may be exercised.

Mondsee, June 2010
The Management Board
(regarding agenda item 4
at the request of the Principal Shareholder)

end of announcement euro adhoc
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ots Originaltext: CHRIST WATER TECHNOLOGY AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Christ Water Technology AG

Mag. Harald Wegscheider

harald.wegscheider@christwater.com

Tel.: 06232/9011-1002

Branche: Biotechnology
ISIN: AT0000499157
WKN: 675399
Index: WBI, Standard Market Continous
Börsen: Wien / official market