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Tuesday 02 June, 2009

BAVARIA Industriekapital AG

BAVARIA Industriekapital AG's annual shareholde...

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The issuer is solely responsible for the content of this 

-          Dividend of EUR 20 million approved.
-          Successful adoption of all other resolutions on the
agenda: e.g. legal release of the
       Executive Board and Supervisory Board, elections to the
Supervisory Board,
       authorisation for the repurchase of own shares.
-          Executive Board sees the holding company's business model
-          Positive outlook for business year 2009.

Munich, 2 June 2009: With an overwhelming majority, BAVARIA
Industriekapital AG's general shareholders' meeting of 29 May 2009
approved a dividend totalling EUR 20 million. A comparable dividend
amount had been distributed to shareholders in the prior year as
well. This time, however, the payout per share was increased from EUR
3.00 to 3.15/share, as a result of share repurchases following an
excellent business year (2008). Each of the remaining resolutions on
the agenda was also adopted by a majority representing more than 99
percent of equity capital. These included an authorisation to
repurchase own shares, which permits BAVARIA Industriekapital AG to
buy back, insofar as required, own shares representing up to 10
percent of equity capital as of the resolution date.

Furthermore, Dr. Harald Linné was elected as a new member of the
Supervisory Board, replacing Bernard J. Wendeln, whose term had
expired. Dr. Linné is Managing Partner at Atreus GmbH and has over 15
years experience in general and interim management.

As the industrial holding company's Executive Board sees it, the
developments of recent months validate their strategic decision to
avoid acquisitions that would transfer excessive risk to the holding
company itself. Executive Board Spokesman Reimar Scholz was pleased:
"Even during the present crisis, BAVARIA Industriekapital AG has once
again demonstrated that its business model is sustainable, resilient
and sound. Our positive bottom line stands in sharp contrast to the
less favourable performance of our competitors."

Since the consolidated financial data for the first quarter had
already been released, the holding company's Executive Board took
time to discuss the general economic situation during its
presentation to shareholders. According to the Board, the global
recession has caused the business climate for the various portfolio
companies to deteriorate since the last quarter of 2008. This has
necessitated wide-ranging countermeasures. For example, personnel
costs and general overhead have been drastically cut back, while the
sales force has been given additional training and support. These
steps are expected to have an impact beginning in the second quarter
of 2009.

Harald Ender, Head of Operations, sized up the overall situation
facing the Group: "The next few months will not be easy ones for our
investee companies. We are currently implementing the rationalisation
measures that we adopted in response to the current economic reality;
this is taking up a great deal of time and energy. However, we are
proud of the unflagging support and assistance that our portfolio
firms have been receiving from our employees. We intend to prove our
mettle during this challenging period. We will show our investee
firms that we can outperform our competitors and will ultimately
emerge from the crisis stronger than before!" After a negative first
quarter, the Group expects to once again realise an annualised profit
for business year 2009 as a whole.

BAVARIA Industriekapital AG is an industrial holding company which
acquires low-profit companies throughout Europe. Through active
restructuring and revitalization management it ensures the long-term
success of the companies acquired. The majority of the stock of
BAVARIA Industriekapital AG is family-owned and the company has been
listed on the Entry Standard All Share Index of the German Stock
Exchange since 2006. At present BAVARIA Industriekapital AG has
holdings in ten companies and around 3,000 employees. In 2008 the
group turnover amounted to Euro 485 million and the group profit to
Euro 23 million.

For additional information about BAVARIA Industriekapital, please
visit our website at

We would be pleased to answer any further questions you may have:

BAVARIA Industriekapital AG
Svea Strohm
Bavariaring 24
80336 München

Phone: + 49 - (0)89/ 72 98 967-0
Fax: + 49 - (0)89/ 72 98 967-10
E-Mail: [email protected]

--- End of Message ---

BAVARIA Industriekapital AG
Bavariaring 24 München Germany

260555; ISIN: DE0002605557; 
Listed: Entry Standard in Frankfurter Wertpapierbörse, Freiverkehr in 
Bayerische Börse München, 
Freiverkehr in Börse Berlin, Freiverkehr in Börse Düsseldorf, 
Freiverkehr in Börse Stuttgart, Freiverkehr in Hanseatische 
Wertpapierbörse zu Hamburg, 
Freiverkehr in Niedersächsische Börse zu Hannover;


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