Ming Le Sports AG / Key word(s): Share Buyback 06.08.2013 15:20 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Frankfurt, August 06, 2013 - The Management Board of Ming Le Sports AG today decided not to implement the planned share buy back program in 2013. After having considered the capital expenditures needed for Ming Le's planned new shoe sole facility including the land acquisition, the Management Board decided to focus on its growth strategy for the time being. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About Ming Le Sports AG Ming Le Sports AG is a rapidly growing branded sportswear company in China targeting 16 to 35-year-old men and women who lead an urban, vibrant and active lifestyle. Ming Le's products include footwear, apparel, accessories and equipment. The company strives to offer comfortable, fashionable and affordable lifestyle and leisure sportswear. Ming Le designs its own products and manufactures them at Ming Le's facilities or through contract manufacturers. Ming Le markets and sells its products through a network of 26 distributors to over 3,900 retail outlets in China. At present, Ming Le has about 1,350 employees. For further information, please contact: Kirchhoff Consult AG Dr. Kay Baden Tel: +49(0) 40 609 186 39 Mail: [email protected] Or visit www.mingle-sportswear.com 06.08.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Ming Le Sports AG Westhafenplatz 1 60327 Frankfurt am Main Germany Phone: Fax: E-mail: Internet: www.mingle.cn ISIN: DE000A1MBEG8 WKN: A1MBEG Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of Announcement DGAP News-Service ---------------------------------------------------------------------------