EANS-Adhoc: Derby Cycle AG approves share repurchase of up to 70,000 shares for employee share programme

--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------

17.08.2011

Cloppenburg, August 17, 2011 - On the basis of the authorisation of
the EGM of Derby Cycle AG (ISIN DE000A1H6HN1) of January 20, 2011
concerning the purchase of treasury shares, the company's Management
and Supervisory boards have approved the repurchase of a total of up
to 70,000 treasury shares this year through the XETRA trading
exchange. The repurchased shares are to be used for an employee share
programme as part of which employees can purchase shares on reduced
terms. Members of the expanded management team are also to be given
the opportunity to receive part of their fixed salary paid in shares
issued on reduced terms. In addition, the Management Board team will
receive some of its bonus in the form of shares. There are no plans
to utilise the shares for purposes beyond these. The repurchase of
the maximum number of shares required for these purposes this year is
to be concluded by September 29, 2011. A separate Management Board
resolution will be made soon to determine the starting date of the
repurchase of the shares. The company will provide information about
this resolution.

The share purchase is to be processed in compliance with Section 14
Paragraph 2 of the German Securities Trading Act (WpHG) in
combination with EC Directive No. 2273/2003 (so-called "Safe
Harbour"). Further details will also be announced before the start of
the share repurchase.

Further information:
ISIN: DE000A1H6HN1
German Security Code Number (WKN): A1H6HN
Exchange: Regulated Market (Prime Standard), Frankfurt

Derby Cycle AG
Siemensstrasse 1-3
49661 Cloppenburg, Germany

Further inquiry note:
cometis AG
Unter den Eichen 7
65195 Wiesbaden
www.cometis.de

Henryk Deter / Tobias Eberle
Telefon: +49 (0)611-20 58 55-25
E-Mail: eberle@cometis.de

end of announcement euro adhoc
--------------------------------------------------------------------------------

issuer: Derby Cycle AG
Siemensstr. 1-3
D-49661 Cloppenburg
phone: +49-4471-966-238
FAX: +49-4471-966-44820
mail: u.boegershausen@derby-cycle.de
WWW: http://www.derby-cycle.de
sector: Consumer Goods
ISIN: DE000A1H6HN1
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English