Heliad Equity Partners and TIG Themis Industries Group planning a merger

Heliad Equity Partners GmbH & Co. KGaA / Mergers & Acquisitions

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The issuer is solely responsible for the content of this announcement.

++ Heliad Equity Partners and TIG Themis Industries Group planning a merger ++ Heliad submitting a voluntary offer to TIG shareholders for a 1-to-1    exchange for Heliad shares

Heliad Equity Partners GmbH & Co. KGaA (ISIN: DE000A0L1NN5/ WKN: A0L1NN, 'Heliad') and TIG Themis Industries Group GmbH & Co. KGaA (ISIN: DE000A0XYL04/ WKN: A0XYL0, 'TIG') plan to perform a merger. An agreement was signed today for this purpose and was approved by the supervisory boards of both companies.

In the first stage, as part of a capital increase, Heliad will make an offer to TIG shareholders of a 1-to-1 exchange for Heliad shares. The capital increase will take place in two stages. In the first stage, authorised capital will be used to increase Heliad's share capital by up to 4,000,000 shares, from a current level of 7,000,000 to a total of up to 11,000,000 shares, against a contribution in kind in the form of TIG shares. This capital increase will be offered to individual TIG institutional shareholders representing around 80% of TIG's share capital by means of a private placement. It is expected that it will be possible for this capital increase to be filed and registered in the commercial register in December 2009.

In the second stage, a voluntary public offer will then be distributed to all other TIG shareholders to exchange their TIG shares against Heliad shares. As the exchange ratio here will also be 1:1, all TIG shareholders will be treated equally. This will raise Heliad's share capital again to a total of up to 12,332,031 shares. This second stage is expected to take place in the middle of January 2010, with a two-week acceptance period. Shareholder pre-emption rights will be excluded for both of these Heliad capital increases against contributions in kind.

A resolution for merging TIG into Heliad is planned for the annual general meetings of both companies in 2010.

Information and Explaination of the Issuer to this News:
Completion of the transaction will create one of the largest listed investment companies in Germany, with combined total assets of around EUR 150 million, equity of EUR 100 million and around EUR 50 million in liquid assets in the Group. The new Heliad will remain true to its successful investment strategy of focusing on small and medium-sized companies in the German-speaking areas of Europe.

The two companies are offering institutional investors the opportunity to participate in a conference call at 11:00 today. Please call NewMark Finanzkommunikation at +49 (0)69 94 41 80-61 and provide your name and company name to receive the number to call to participate in the conference call.

01.12.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

Language:     English
Company: Heliad Equity Partners GmbH & Co. KGaA               Grüneburgweg 18
              60322 Frankfurt am Main
Phone:        +49 69 71 91 59 65 0
Fax:          +49 69 71 91 59 65 11
E-mail:       info@heliad.com
Internet:     www.heliad.com
ISIN:         DE000A0L1NN5
WKN:          A0L1NN
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr               in Berlin, München, Stuttgart
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