euro adhoc: TA Triumph-Adler AG / Restructuring & Recapitalisations / TA implements crucial part of refinancing

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Company Information

27.07.2007

Announcement as per § 15 of the Securities Trading Act (WpHG) - Ad
hoc announcement

TA Triumph-Adler AG implements crucial part of refinancing

Capital increase entered in the commercial register; high
oversubscription of the issue

Nuremberg, July 27, 2007: The cash capital increase from the
approved capital of TA Triumph-Adler AG, which was approved on July
2, 2007, was entered in the commercial register today and will
now be implemented rapidly. The issue comprises 14,897,882
ordinary bearer shares at an issue price of EUR1.88.
Shareholders were entitled to a statutory subscription right
equivalent to the level of their current shareholdings in the
company. Shareholders have also been granted an oversubscription
to the same level as the statutory subscription right. The
capital increase was significantly oversubscribed as a result of
the high level of demand from both existing shareholders, as well
as institutional investors that have shown interest in the issue. The
company will endeavor to have the new shares admitted to the
stock exchange as soon as possible.

The cash capital increase is connected with an extensive
refinancing of the group. Following the successful completion of
the placing of the capital increase, the other components of
the refinancing of liabilities will be completed by August 6,
2007 prospectively.

The refinancing will, among other things, reduce the interest expense
by around EUR5 million per year compared with the current financing
structure and on the basis of today's level of debt. It will also
form the starting point for the planned higher rate of growth of
the company resulting from acquisitions. In addition, the
strengthening of the equity capital allows the company to offset the
value adjustment of the deferred tax assets in the consolidated
balance sheet, which will be performed in the third quarter of the
current financial year as a result of the reform of corporate
taxation.

In the first quarter of the 2007 financial year, the specialist in
efficiency in the Document Business grew half-year revenue to
EUR105.2 million and achieved quarterly earnings of EUR1.9 million.
By 2010 at the latest, TA Triumph-Adler aims to generate Group
revenue of over EUR500 million with an EBIT return on sales of
9%.

Contact:
TA Triumph-Adler AG
Südwestpark 23
D - 90449 Nuremberg
Dr. Joachim Fleïng
Telephone: +49 / 911 / 68 98 - 499
Fax: +49 / 911 / 68 98 - 200
ir@ta.ag
www.triumph-adler.de

ISIN code of the bearer shares: DE0007495004, admitted to official
trading (Prime Standard) of the Frankfurt Securities Exchange
as well as at all regional German stock exchanges

Important notice: This press release contains forward-looking
statements that are based on assumptions and estimates made by
the management of TA Triumph-Adler AG. Although the management
of the company is of the view that these assumptions and estimates
are appropriate and applicable, future actual developments and
future actual events may diverge significantly from these
assumptions and estimates due to numerous factors. These factors
may include, by way of example, changes in the macroeconomic
situation, exchange rates, interest rates, as well as changes
both within the market and in the competitive environment as
the result of technological change. TA Triumph-Adler AG provides no
guarantee, and accepts no liability, if future developments, and
results achieved in the future, do not accord with the
assumptions and estimates expressed in this press release.

end of announcement euro adhoc 27.07.2007 13:25:36
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ots Originaltext: TA Triumph Adler AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Uschie Wühr
Investor Relations
Telefon: +49(0)89 51084-914
E-Mail: uschie.wuehr@triumph-adler.de

Branche: Semiconductors & active components
ISIN: DE0007495004
WKN: 749500
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade