Powerland AG / Key word(s): Delisting 05.06.2015 10:15 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. --------------------------------------------------------------------------- Powerland AG decides to delist its shares Frankfurt/Main, June 5, 2015 - Today, with the approval of the Supervisory Board, the Management Board of Powerland AG (ISIN DE000PLD5558 / Prime Standard), the leading Chinese company of premium handbags, leather goods and accessories, decided that it will shortly submit an application to the Frankfurt Stock Exchange for the revocation of the admission of Powerland AG shares to trading on the regulated market (delisting). It can be assumed that the delisting will take effect six months after publication of a positive decision by the Frankfurt Stock Exchange. The Management Board's decision was based on the fact that the economic benefit of Powerland AG's stock-market listing no longer justifies the associated expense. For further information, please contact: Powerland AG c/o GFD - Gesellschaft für Finanzkommunikation mbH Fellnerstrasse 7-9 60322 Frankfurt am Main Germany Phone: +49 (0) 69 66 554 - 459 Fax: +49 (0) 69 66 554 - 276 E-mail: [email protected] Home: http://www.powerland.ag 05.06.2015 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: Powerland AG c/o GFD mbH, Fellnerstr. 7-9 60322 Frankfurt am Main Germany Phone: +49 69 - 66554-459 Fax: +49 69 - 66554-276 E-mail: [email protected] Internet: www.powerland.ag ISIN: DE000PLD5558 WKN: PLD555 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------