DGAP-Adhoc

Hess AG: Nordeon takes over business operations of Hess

Hess AG / Key word(s): Insolvency/Disposal

01.10.2013 15:09

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Hess AG: Nordeon takes over business operations of Hess

- Nordeon acquires all shares, activities and employees of Hess effective
1st October, 2013
- Hess AG is liquidated in the course of the insolvency proceedings

Villingen-Schwenningen, 1st October, 2013. Business operations of Hess AG
Form + Licht were transferred to an association founded by NORDEON B.V. by
way of an asset deal on 1.10.2013. Business operations are being continued
with the company Hess GmbH Licht + Form. Furthermore, NORDEON B.V. has
taken over the Hess associations in the USA as well as in Scandinavia by
way of a share deal, i.e. through taking over the total shares.

The obtained purchase price in the context of the acquisition serves to
satisfy insolvency creditors of Hess AG Form + Licht. There a hereby no
payments accounting for the stocks. Hess AG initially remains as an empty
coat through the disposition of business operations and is going to be
fully liquidated in the course of the ongoing insolvency proceedings.

Provided that shareholders who acquired shares on the basis of the listing
prospectus claim for damages, these will not be treated as subordinate
debts of insolvency and will be paid according to the insolvency quota. A
precise statement regarding the level of the insolvency quota cannot be
made at this point.

Contact:
Hess AG
Marco Walz
Investor Relations / Communications
Lantwattenstraße 22
D - 78050 Villingen-Schwenningen
Tel. : [phone]
Fax : [phone]-771475
EMAIL: [e-mail]
www.hess-ag.de


01.10.2013 DGAP's 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: Hess AG
Lantwattenstraße 22
78050 Villingen-Schwenningen
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.hess.eu
ISIN: DE000A0N3EJ6
WKN: A0N3EJ
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

---------------------------------------------------------------------------