EANS-News: Impact of the manroland Insolvency on Hönle

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Company Information

Gräfeling/München (euro adhoc) - manroland AG filed a petition to
initiate insolvency proceedings on 25 November 2011. The insolvency
proceedings are to enable speedy restructuring of the company and
provide manroland AG with the opportunity for a successful new start
on the basis of improved general conditions. manroland is the third
largest manufacturer of offset printing machines worldwide and the
international market leader in webfed printing systems. The
Management Board of manroland AG filed a request for
self-administration with respect to the restructuring efforts.

The Dr. Hönle AG Management Board does not rule out the possibility
of sustained successful restructuring of manroland AG. In particular,
according to the Dr. Hönle AG Management Board, there is a good
chance that a (strategic) investor can be found for manroland AG
within the scope of the insolvency proceedings. According to the Dr.
Hönle Management Board, the initiated insolvency proceedings afford
the opportunity to step up the necessary restructuring of the company
and, consequently, to return to positive corporate development.

Dr. Hönle AG will initiate all measures required in the short term in
order to keep the impact of the insolvency of the printing machine
manufacturer on Hoenle Group´s sales and earnings development as low
as possible. Currently, the Management Board assumes that the
existing favourable order position with manroland AG will not be
impaired by the insolvency proceedings to any great extent as
manroland AG's business activities shall continue to run as normal.
The current receivables portfolio of the Hoenle Group vis á vis
manroland AG amounts to ca EUR 1.4 million.

About Hönle: Dr. Hönle AG is a listed technology company with
registered head office in Gräfelfing, near Munich. With a staff level
of ca. 400 employees, the Hönle Group is one of the world´s leading
systems suppliers in the UV technology segment. The equipment and
systems are used for drying inks and coatings, curing adhesives and
plastics, disinfecting surfaces, and in the simulation of natural
sunlight. The Company´s business activities focus also on the
development and sale of industrial adhesives and compounds. The Group
is represented by own companies and sales partners worldwide at 50
locations in more than 20 countries.

Further inquiry note:
Peter Weinert
Tel.: +49 89 85608 173
E-Mail: peter.weinert@hoenle.de
Web: www.hoenle.de

end of announcement euro adhoc
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company: Dr. Hönle AG
Lochhamer Schlag 1
D-82166 Gräfeling/München
phone: +49 89 85608 0
FAX: +49 89 85608 101
mail: ir@hoenle.de
WWW: www.hoenle.de
sector: Instrument Engineering
ISIN: DE0005157101
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English