mic AG: Now with 100% equity capital                                             47 kB 

Existing shareholder converts loan into shares at EUR 4.50

Munich, 27th August 2010 – Munich-based early-phase investor mic AG has settled all outstanding liabilities by converting a loan of EUR 4.05 million into 0.9 million shares. In future, mic AG will operate solely with 100% private equity. The new shares, which were created in the course of a capital increase through contributions in kind (registered on August 20, 2010), are entitled to dividends as of January 1, 2010.

“With this step, the existing shareholders, represented by mic Holding, demonstrate their high level of confidence in the listed mic AG, which has ten investments in its portfolio”, says CFO Manuel Reitmeier. As an added mark of confidence the existing shareholders agreed to a “soft lock-up” of the new shares for the duration of six months. “With 100% equity capital, we are well above the average for other investment companies”, Reitmeier continues.

mic AG is currently considering a number of interesting investment opportunities. One of these is the future market for water treatment systems. “Due diligence is already well advanced,” says Reitmeier. “We are planning at least another three investments for this year.”

About mic AG:

As an early-stage investor, Munich-based mic AG mainly invests in – and partly co-founds – companies from the communication, fibre optics and medical technology sectors as well as from the fields of microsystems and cleantech. It currently holds investments in ten companies in these industries. The total value of investments is in the lower double-digit millions. mic AG has been listed in the Entry Standard of the Frankfurt Stock Exchange since October 2006. (WKN/Symbol: A0KF6S/ M3B).