BAVARIA Industriekapital AG: Withdrawal of own shares

4/16/2008, 6:32 PM (Source: GlobeNewswire)
Under authorisation attained at the annual general meeting of BAVARIA
Industriekapital AG, the Executive Board, with approval from the
Supervisory Board, has resolved to withdraw from circulation a total
of 220,500 shares acquired in the context of a share repurchasing
program.

Under this resolution, 220,500 no-par value bearer shares of the
Company at a nominal value of 1.00 euro will be withdrawn. Following
registration in the trade register, the number of circulated shares
will thereby be reduced from 6,615,000 shares to 6,394,500 shares.
The capital stock will be reduced accordingly to the amount of
6,394,500 euros. The calculative nominal value of the circulating
shares remains unchanged at the value of 1.- euro per share.

BAVARIA Industriekapital AG's 2006 group revenues were EUR 333
million, with an EBITDA of EUR 51 million. The company is listed in
the Entry Standard on the Frankfurt Stock Exchange (ISIN
DE0002605557). Headquartered in Munich, this industrial group invests
in companies with strong market positions and a potential to improve
profits.

For further information please contact:

BAVARIA Industriekapital AG

Ms. Svea Troester
Investor Relations
svea.troester@baikap.de
Tel +49 (0)89 7298 967 0
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