Hansa Group AG Ad-hoc: HANSA GROUP AG concludes an agreement to reduce the financial liabilities

March 26, 2014 - HANSA GROUP AG today signed an agreement with its financing banks which sets a binding frame for the operational and financial restructuring of HANSA GROUP AG following the signing of the announced restructuring framework-, waiver- and loan agreements with one of its main shareholders, financing banks and central financing partners in the past days. The agreement stipulates a reduction of the financial liabilities owed to financing banks and central financing partners from 109 million Euros (as of September 30, 2013) to approximately 46 million Euros by late summer 2014 which consists of a waiver of debt by the financial creditors and the replacement of loans by one of the main shareholders. This results in a significant reduction of financial burdens of the remaining yearly redemption payments. The remaining obligations have a lifetime of up to 10 years and thus allow for a long-term and stable financial framework. Next to this debt relief it is intended to strengthen the company's equity by way of capital increases in an amount of maximum 48 million Euros.

The agreed measures will provide HANSA GROUP with a significantly strengthened equity base by this summer and, at the same time, reduce its debt to a low level. Also liquidity will see a drastic improvement due to interest and financial repayment being partially dropped and the supply of fresh money. Thus the essential prerequisites have been set in order to further the already successfully commenced operational adaptation effort.

The Management Board


Contact:

HANSA GROUP AG

Investor Relations:
Silvia Kostova
Wanheimer Str. 408
47055 Duisburg

Email:

ISIN: DE 0007608606
WKN: 760 860
Ticker symbol: H4G
Listed in the "Regulated Market" segment, Frankfurt (Prime Standard)

ir@hansagroup.de

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