Ad-hoc-Announcement

Miscellaneous

BRAIN FORCE HOLDING AG: Preliminary status of the takeover bid submitted by BF Informationstechnologie-Beteiligungsgesellschaft m.b.H.

Ad hoc announcement transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The Management Board of BRAIN FORCE HOLDING AG (company) was notified today
by BF Informationstechnologie-Beteiligungsgesellschaft m.b.H. (bidder) that
the first phase (term for acceptance) of the public tender offer pursuant
to § 22 a in connection with § 22 Austrian Takeover Act, which the bidder
had made to the shareholders of the company, had expired on April 17, 2008.
Within the four-week acceptance period, the public tender offer was
accepted for a total of 437,821 shares, which represents 2.85% of the
company’s share capital.
Before the public tender offer was submitted, the bidder had owned a total
of 3,742,000 shares in the company, which represented about 24.3% of the
share capital of the company, and together with a separate voting rights
agreement, the bidder holds  a total of 30.0022% of the voting rights in
the company.
On March 26, 2008 (parallel acquisition of shares), the bidder acquired
201,640 shares (about 1.3%) of the company.
Accordingly, the bidder currently owns 4,381,461 shares, which corresponds
to a stake of 28.4756% in the share capital of the company. Together with
the voting rights attained through a separate agreement, the bidder
currently has 34.16% of the voting rights.
Pursuant to § 19 (3) Austrian Takeover Act, the acceptance period will be
extended for all those shareholders who have not yet accepted the offer by
a period of three months starting with the publication of the preliminary
results of the takeover bid, thus until July 22, 2008.


Contact:
BRAIN FORCE HOLDING AG 
Thomas Melzer 
CFO 
Wagramerstr. 19
1220 Vienna
Austria
Phone: +43 (0)1 263 09 09 - 12
Fax: +43 (0)1 263 09 09 - 40
mailto: InvestorRelations@brainforce.com


(c)DGAP 21.04.2008 
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Language:     English
Issuer:       BRAIN FORCE HOLDING AG
              Wagramer Straße 19
              A-1220 Wien
              Österreich
Phone:        +43 (1) 2630909-0
Fax:          +43 (1) 2630909-40
E-mail:       postoffice@brainforce.com
Internet:     www.brainforce.com
ISIN:         AT0000820659
WKN:          919331
Listed:       Foreign Exchange(s) Wien
 
End of News                                     DGAP News-Service
 
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