PRESSEMITTEILUNGEN

——————————————————————————–
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.
——————————————————————————–

Stock Activity

28.06.2010

Today, the insolvency administrator of Arcandor AG has decided to dispose of 5,697,827 own shares of Arcandor AG (representing approx. 2.25 per cent of the share capital). The shares will be sold via the stock exchange.

In this context, the insolvency administrator points out that the current insolvency plan proceedings regarding Karstadt Warenhaus GmbH will have no significant impact on the net assets, financial position and results of operations of Arcandor AG. There exist no intentions to commence insolvency plan proceedings in respect of Arcandor AG; instead Arcandor AG will be liquidated. It is certain that the shareholders of Arcandor AG will neither receive any proceeds nor dividends from the sale.

Essen, June 2010-06-28

Arcandor AG i.I./i.L. Insolvency Administrator

end of announcement euro adhoc
——————————————————————————–

Further inquiry note:

Thomas Schulz
Sprecher der Insolvenzverwaltung
Tel.: +49 (0) 201 727-2038
e-mail: tsc@tsc-komm.de

Branche: Retail
ISIN: DE0006275001
WKN: 627500
Index: CDAX, Classic All Share, HDAX, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
Hannover / regulated dealing
München / regulated dealing

Trackback URL

Adhoc, Disclosure, Dividends, E Mail, Eans, Financial Position, Hannover, Insolvency, Isin, Karstadt Warenhaus, Net Assets, Prime Standard, Proceeds, Share Capital, Shareholders, Significant Impact, Sprecher, Stock Activity, Stock Exchange, Thomas Schulz