Balda AG Reduces Stake in TPK

Balda AG Sells up to 18.75 Percent of its Shareholding in Touch Screen Producer TPK

BAD OEYNHAUSEN, Germany, November 17 - Balda AG, listed in the Prime Standard Segment of the German Stock
Exchange, sells a portion of its holding in touch screen producer TPK Holding
Co. Ltd. with production facilities in Xiamen, China, representing up to
18.75 percent of the outstanding shares in TPK to a group of Asian
institutional investors. With this transaction Balda is completely reducing
its total bank debt in the framework of its ongoing financial restructuring.
Upon completion, Balda will continue to hold at least 19.25 per cent of TPK.
The parties involved have agreed to keep the purchase price confidential.
This transaction is still subject to approval of the Taiwanese authorities.

Until 30 September 2008 TPK was a joint venture between Balda interim
holding Balda Investment Singapore (BIS) and Max Gain Management Ltd. In the
last quarter of 2008 Balda sold a 12 percent stake in TPK. Since then TPK is
consolidated as a financial holding.

    Further inquiry note:

    Clas Rohl
    Tel.: +49(0)5734-922-2728
    croehl@balda.de

    issuer: Balda AG

    Bergkirchener Str. 228
    D-32549 Bad Oeynhausen
    phone: +49(0)5734-9-22-0
    FAX: +49(0)5734-922-2747
    mail: info@balda.de

    WWW: www.balda.de

    sector: Construction & Property
    ISIN: DE0005215107
    indexes: CDAX, Prime All Share
    stockmarkets: regulated dealing/prime standard: Frankfurt,
    free trade: Berlin, Hamburg, Stuttgart, Dusseldorf, Munchen

Further inquiry note: Clas Rohl, Tel.: +49(0)5734-922-2728, croehl at balda.de ; issuer: Balda AG, Bergkirchener Str. 228, D-32549 Bad Oeynhausen, phone: +49(0)5734-9-22-0, FAX: +49(0)5734-922-2747, mail: info at balda.de .