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Topsil Semiconductor Materials acquires remaining shares of Cemat Silicon S.A.

After having acquired 95.92% of the shares of the Polish company Cemat Silicon S.A. in October 2008, Topsil Semiconductor Materials A/S has now completed a planned compulsory redemption of the remaining shares of the company.

The purchase price of the remaining 41 shares, or 4.08% of the share capital, was determined at PLN 2,846,187 or PLN 69,419 per share, compared with the purchase price of about PLN 77,554 per share paid in October 2008. The purchase price was determined by an independent valuer on market terms and is payable on or before 16 December 2009.

Accordingly, Cemat Silicon S.A. will be wholly owned by Topsil Semiconductor Materials after that date, and the acquisition will be considered to be finalised.

The compulsory redemption will not affect Topsil's profit forecast for the financial year 2009.
 

Please direct any questions regarding this announcement to:
Jens Borelli-Kjær, Chairman, tel. +45 40 16 14 82
Keld Lindegaard Andersen, CEO, tel. +45 21 70 87 72


Please note that this translation is provided for convenience only. The Danish version shall prevail in case of discrepancies.