EANS-News: Derby Cycle celebrates successful IPO

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Financing, Stock Offerings (IPO)

Cloppenburg (euro adhoc) - (NOT FOR DISTRIBUTION IN THE UNITED STATES
OF AMERICA, JAPAN, CANADA AND AUSTRALIA)

- Company lists today on the Prime Standard of the Frankfurt Stock
Exchange - Opening price at EUR 13.15 (5.2% above the issue price)

Cloppenburg, February 4, 2011 - Derby Cycle AG has today listed on
the Prime Standard of the Frankfurt Stock Exchange. The company is
Germany's largest manufacturer of bicycles and one of the leading
manufacturers in Europe in terms of sales. The shares can be traded
from today under ISIN DE000A1H6HN1 and German Securities
Identification Number (WKN) A1H6HN. Derby Cycle AG's initial listed
price was EUR 13.15 (around 5.2% above the fixed issue price of EUR
12.50).

A total of 7,500,000 ordinary no par value bearer shares were
admitted to trading. Consequently, the company's market
capitalisation amounted to EUR 98.6 million at its market debut.

"This represents a wonderful success for us. We are pleased that the
IPO has been so successful. The business model was well accepted by
investors both in Germany and abroad. We aim to use the proceeds from
the capital increase to now intensify our planned further corporate
growth, the expansion of our successful business with electric
bicycles, and our internationalisation," stated Mathias Seidler,
Derby Cycle AG's CEO. "Our solid financial structure, and our leading
market position in Germany with our five high-quality bicycle brands,
Focus, Kalkhoff, Univega, Raleigh and Rixe, form an outstanding
foundation for this," Seidler went on to add.

The company will publish its report for the first quarter 2010/2011
on its website at www.derby-cycle.com prospectively on February 24,
2010.

Disclaimer This publication constitutes neither an offer to sell nor
an invitation to buy securities. The shares in Derby Cycle AG (the
"Shares") may not be offered or sold in the United States or to or
for the account or benefit of "U.S. persons" (as such term is defined
in Regulation S under the Securities Act of 1933, as amended (the
"Securities Act")) absent registration or an exemption from
registration under the Securities Act. The Shares have not been and
will not be registered under the Securities Act. No offer or sale of
securities is being made to the public outside Germany. The offer in
Germany will be made exclusively by means of and on the basis of a
prospectus published on the website of Derby Cycle AG
www.derby-cycle.com. This document is only being distributed to and
is only directed at (i) persons who are outside the United Kingdom or
(ii) to investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005 (as amended) (the "Order") or (iii) high net worth companies,
and other persons to whom it may lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order (all such persons in (i),
(ii) and (iii) above together being referred to as "relevant
persons"). The securities are only available to, and any invitation,
offer or agreement to subscribe for, purchase or otherwise acquire
such securities will be engaged in only with, relevant persons. Any
person who is not a relevant person should not act or rely on this
document or any of its contents.

Company profile: In terms of revenues, the company is the largest
bicycle manufacturer in Germany and one of the leading manufacturers
in Europe. The Derby Cycle Group´s top-quality product range includes
e-bikes, sport bikes for leisure cycling and competition, and comfort
bikes for every day and travel use. These are sold using the
well-established brands of Kalkhoff, Focus, Raleigh, Univega and
Rixe. Derby Cycle sells models under each of its brands that are
tailored to different target groups. All of the models are developed
in Germany, the frames are made by contract manufacturers in Asia,
the further components, such as forks, rechargeable batteries and
gears are bought in and assembled in Cloppenburg. Derby Cycle
attaches great value to the high quality of its bicycles and a
differentiated brand presence. This allows Derby Cycle to sell its
products via specialist retailers, who offer their customers
professional advice and extensive service. They are thus the most
important sales channel for normal bicycles and e-bikes.

In fiscal year 2009/2010 Derby Cycle recorded revenues of EUR 173
million with an average of approx. 550 employees. Of this figure, it
recorded 72.6% in Germany and 27.4% abroad. Derby Cycle sold a total
of around 430,000 bicycles last fiscal year, including around 44,000
e-bikes.

On the Internet at: www.derby-cycle.de

end of announcement euro adhoc
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ots Originaltext: Derby Cycle AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

cometis AG
Unter den Eichen 7
65195 Wiesbaden

Henryk Deter Susanne Gremmler
Telefon: +49 (0)611-20 58 55-13 Telefon: +49 (0)611-20 58 55-23
E-Mail: deter@cometis.de E-Mail: gremmler@cometis.de

Branche: Machine Manufacturing
ISIN: DE000A1H6HN1
WKN: A1H6HN
Börsen: Frankfurt / regulated dealing/prime standard