DGAP-Adhoc: Loewe AG: Potential Loewe investor presents

Loewe AG / Key word(s): Miscellaneous 28.10.2013 15:17 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. --------------------------------------------------------------------------- Kronach, 28 October 2013. - Loewe is able to announce that it has received an initial specific, written offer from a financial investor that has declared it is prepared to support Loewe's strategic realignment concept in the long term. The offer, which has yet to be finalised and implemented, entail the acquisition of the operative business of the Loewe Group as well as the principal assets of Loewe AG; the investor is not planning to take stakes or acquire Loewe AG itself. Loewe will now assess and evaluate the submitted proposal in detail. The aim is to solve the outstanding points over the next few weeks, and to finalise the necessary contractual documentation. Conclusion of a specific agreement with a new investor represents a crucial building block within the context of the strategic realignment of Loewe. It is also possible that further offers could be received, possibly with other transaction structures. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Contact: Christoph Möller phone: +49 (0)221 80 10 87-87 e-mail: cm@moeller-pr.de 28.10.2013 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: Loewe AG Industriestrasse 11 96317 Kronach Germany Phone: +49 (0)9261 99-984 Fax: +49 (0)9261 99-994 E-mail: ir@loewe.de Internet: www.loewe.de ISIN: DE000A1X3W34 WKN: A1X3W3 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------