P&I Personal & Informatik AG / Key word(s): Squeeze Out/Delisting 03.07.2014 19:58 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. --------------------------------------------------------------------------- Argon GmbH with its seat in Frankfurt am Main today informed P&I Personal & Informatik AG (ISIN DE0006913403) that it has determined pursuant to section 327b para. 1 sentence 1 German Stock Corporation Act (Aktiengesetz, AktG) the amount of the appropriate cash compensation to be paid to the minority shareholders of P&I Personal & Informatik AG at EUR 70.66 per no-par-value bearer share. Hereby, Argon GmbH confirmed and specified the transfer request pursuant to section 327a para. 1 sentence 1 AktG dated 5 May 2014. Argon GmbH holds more than 95% of the registered share capital of P&I Personal & Informatik AG and is therefore the majority shareholder of P&I Personal & Informatik AG within the meaning of section 327a para. 1 sentence 1 AktG. The transfer resolution will likely be passed at the next annual general meeting of P&I Personal & Informatik AG, which is expected to be held on 2 September 2014 in Wiesbaden. 03.07.2014 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: P&I Personal & Informatik AG Kreuzberger Ring 56 65205 Wiesbaden Germany Phone: +49 (0) 611 7147-0 Fax: +49 (0) 611 7147-125 E-mail: [email protected] Internet: www.pi-ag.com ISIN: DE0006913403 WKN: 691340 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------