DAB Bank AG / Key word(s): Squeeze Out 17.12.2014 11:14 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DAB Bank AG: Squeeze-out under merger law BNP Paribas Beteiligungsholding AG today informed the Management Board of DAB Bank AG that it holds a total of 83,417,013 shares of DAB Bank AG, representing around 91.69% of the share capital and the shares. UniCredit Bank AG had previously transferred the shares it held in DAB Bank AG under the terms of the existing acquisition agreement with BNP Paribas Beteiligungsholding AG. Furthermore, BNP Paribas Beteiligungsholding AG had acquired the shares held by those shareholders who had accepted the public acquisition offer. The Management Board of DAB Bank AG has received appropriate voting right notifications in this regard from both BNP Paribas Beteiligungsholding AG and BNP Paribas S.A. BNP Paribas Beteiligungsholding AG informed the Management Board that it owns shares in DAB Bank AG totaling more than nine-tenths of the share capital (majority shareholder) and, in this capacity, is seeking to merge DAB Bank AG (transferring legal entity) with BNP Paribas Beteiligungsholding AG (absorbing legal entity) in order to simplify the corporate structure. In connection with this merger, the goal is to squeeze out the remaining shareholders (minority shareholders) of DAB Bank AG against payment of appropriate cash compensation pursuant to Section 62 (1) and (5) of the German Reorganization Act in conjunction with Section 327a et.seq. of the German Stock Corporations Act (squeeze-out under merger law). Pursuant to Section 62 (1) and (5) of the German Reorganization Act in conjunction with Section 327a (1) 1 of the German Stock Corporations Act, BNP Paribas Beteiligungsholding AG has concurrently requested the Management Board of DAB Bank AG to take all necessary measures to ensure that the Shareholders' Meeting of DAB Bank AG can adopt a resolution within three months of the conclusion of the merger agreement by and between DAB Bank AG and BNP Paribas Beteiligungsholding AG to transfer the shares held by the minority shareholders of DAB Bank AG to BNP Paribas Beteiligungsholding AG as the majority shareholder against payment of appropriate cash compensation. DAB Bank AG The Management Board Contact: If you have queries, please contact Carolin Reiter, DAB Bank AG, +49 89 500 68 1696 or [email protected]. Contact: If you have queries, please contact Carolin Reiter, DAB Bank AG, +49 89 500 68 1696 or [email protected]. 17.12.2014 The DGAP 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: DAB Bank AG Landsberger Straße 300 80687 München Germany Phone: +49 (0)89 500 68 1696 Fax: +49 (0)89 500 68 669 E-mail: [email protected] Internet: www.dab-bank.de ISIN: DE0005072300 WKN: 507230 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------