Ad hoc:Hornbach-Baumarkt-AG:Ad hoc update: Buyback volume for employee share program increased and schedule extended

11/15/2010, 12:42 PM (Source: GlobeNewswire)
Hornbach-Baumarkt-AG /
/
Ad hoc update: Buyback volume for employee share program increased and schedule
extended
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This is an update of the announcement from 13:47 02.08.2010 CEST.

Bornheim, November 15, 2010. The deadline for the buyback of shares at HORNBACH-
Baumarkt-AG in connection with the issue of employee shares in 2010 pursuant to
§ 71 (1) No. 2 of the German Stock Corporation Act (AktG) is to be extended by
two months to the end of the 2010/2011 financial year (balance sheet date:
February 28, 2011) and the volume increased by 5,000 to up to 25,000 treasury
stock shares. The relevant resolutions were today adopted by the company's Board
of Management. This step is necessitated by a reduction in daily trading volumes
in company shares compared with the previous year and the pleasing reception
employees have accorded to the employee share program.



As explained in the ad-hoc announcement dated August 2, 2010, the share buyback
program is being executed in accordance with the safe harbor regulations set out
in § 20a (3) of the German Securities Trading Act (WpHG) in conjunction with
Regulation (EC) No. 2273/2003 of the European Commission dated
December 22, 2003.



[HUG#1462534]



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Hornbach-Baumarkt-AG
Hornbachstrasse 11 Bornheim bei Landau Germany

WKN: 608440;ISIN: DE0006084403;Index:CDAX,Prime All Share;
Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse;





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