EANS-News: Derby Cycle AG successfully concludes IPO - Greenshoe option fully exercised

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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

- Stabilisation period ends
- No stabilisation measures implemented

Cloppenburg, March 4, 2011 - Today, the joint lead managers and joint
bookrunners of Derby Cycle AG's IPO, equinet Bank AG and BHF-BANK AG,
fully exercised the option that was made available to acquire up to
792,175 shares at the placing price of EUR 12.50 for the account of
all syndicate banks. A total of 6,090,000 shares in the company were
placed as a consequence, corresponding to a total placing volume of
around EUR 76.1 million. The free float now amounts to 81.2%.

On behalf of all of the syndicate banks, the joint lead managers have
announced that the stabilisation period was concluded with the
exercise of the Greenshoe option. No stabilisation measures were
implemented.

"We are very pleased that we have floated so successfully on the
stock market," as Uwe Bögershausen (CFO) commented on the result.
"With a free float of more than 80%, Derby Cycle AG also offers an
attractive investment for large institutional investors that allows
them to participate in the company's future potential," he went on to
add.

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 was 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
www.cometis.de

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

Dominic Großmann
Telefon: +49 (0)611-20 58 55-15
E-Mail: grossmann@cometis.de

Branche: Consumer Goods
ISIN: DE000A1H6HN1
WKN: A1H6HN
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade