* Squeeze out of minority shareholders of DIS Deutscher Industrie Service AG (DIS AG) registered in commercial register
* Payment of the compensation to minority shareholders and option holders started
* Annual General Meeting of 14 August 2008 is called off
Dusseldorf, June 19, 2008 – The commercial registry of the local court of Düsseldorf (Amtsgericht Düsseldorf) today registered the resolution of the shareholders’ meeting of 20 December 2007 regarding the squeeze out of the remaining minority shareholders of DIS AG in the commercial register of the company (HRB 34345). Upon registration of the squeeze out resolution in the commercial register, by operation of law, the shares in DIS AG held by minority shareholders were transferred to Adecco Germany Holding GmbH and the outstanding stock options were transformed into a claim for compensation against Adecco Germany Holding GmbH.
Deutsche Bank AG, Frankfurt, which is mandated for the settlement of the squeeze out, will shortly distribute the compensation of EUR 113.00 per share in DIS AG to minority shareholders. DIS AG will handle the payment of the compensation to stock option holders by order and for account of Adecco Germany Holding GmbH. DIS AG has called off the Annual General Meeting, which had been duly convened for 14 August 2008 as a matter of precaution.
DIS AG is one of the six biggest personnel service providers in Germany. As the market leader in hiring and placement of skilled personnel and managers, the company has specialised in the segments Finance, Industry, Information Technology, Office & Management and Outsourcing & Consulting. The subsidiaries euro engineering AG (100%), euro engineering AEROSPACE GMBH (100%) and encad GmbH (100%) are offering engineering services for the engineering industry. About 10,000 employees in 176 branch offices are working for DIS AG. Other companies belonging to the DIS AG corporate group are: DIS Consulting GmbH (100%), DIS Deutscher Industrie Service AG Österreich (100%), DIS Interim Management GmbH (100%) and Personal Innovation GmbH (100%). Following a survey conducted by the magazine Capital, DIS AG places among the “Best German Employers 2008”.
For more information, see www.dis-ag.com or contact:
DIS Deutscher Industrie Service AG
Public Relations Officer
Niederkasseler Lohweg 18
Tel.: +49 – 211-53 06 53 759