United Labels AG / Key word(s): Investment 03.06.2014 12:42 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. --------------------------------------------------------------------------- - Ownership interest in joint venture raised from 50% to 90% - Hello Kitty licence business to be expanded domestically and internationally in the area of clothing Münster, 3 June 2014 - United Labels AG (ISIN: DE 0005489561), a company specialising in comicware sold under licence, has acquired a further 40% interest in Open Mark United Labels GmbH, a successful 50/50 joint venture in which the company had already been involved prior to the latest transaction. The business model of this enterprise, which was established in 2011, includes the manufacture of women's and girls' clothing under the "Hello Kitty" licence, with products being marketed throughout Europe. Given the complementary business model and opportunities for close collaboration within the areas of purchasing, product development and sales, the deal is expected to produce positive growth impetus for United Labels AG. In the 2013 financial year, Open Mark United Labels GmbH generated revenue of EUR4.2 million. The entity's earnings were accounted for at a proportionate rate of 50% in the 2013 financial statements of United Labels AG using the equity method. The entity will be fully consolidated in the current financial year, with non-controlling interests being presented as a separate item. This is likely to have a positive effect on earnings for United Labels AG, equivalent to approx. EUR0.2 million. The purchase price in euros for the newly acquired interests is towards the lower end of the six-figure range. The acquisition underpins the revenue and earnings forecast drawn up by the company for this financial year. For further information about United Labels AG, please visit www.unitedlabels.com or contact the following address: United Labels AG - Investor Relations - Gildenstr. 6 D - 48157 Münster - Germany Tel.: +49 (0) 251-3221-406 Fax: +49 (0) 251-3221-960 [email protected] 03.06.2014 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: United Labels AG Gildenstr. 6 48157 Münster Germany Phone: +49 (0)25 132 21-0 Fax: +49 (0)25 132 21-999 E-mail: [email protected] Internet: www.unitedlabels.com ISIN: DE0005489561 WKN: 548956 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------