TDK Germany GmbH
TDK Germany GmbH: TDK receives EU approval for the takeover of EPCOS

TDK Germany GmbH / Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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TDK receives EU approval for the takeover of EPCOS 

  - Important milestone reached

  - Transaction also cleared in the United States and in Taiwan

September 16, 2008

Tokyo and Düsseldorf – TDK Corporation ('TDK') (TSE:6762, NYSE and LSE:TDK)
has reached an important milestone in its planned public takeover of EPCOS
AG ('EPCOS') (EPCGn.DE). The European Commission announced on September 15,
2008 that it has approved the acquisition without any restrictions. The
transaction has also been cleared by the relevant authorities in the United
States and in Taiwan. TDK is confident to also receive antitrust clearance
in Turkey and expects to close the offer during October, as previously
announced.

TDK had published the offer document for the voluntary public takeover
offer on August 25, 2008 and offers all shareholders of EPCOS EUR 17.85 in
cash per share. This represents a 49 percent premium over the three-month
average share price as determined by BaFin prior to the date of the
announcement (EUR 11.94). The offer is subject to certain terms and
conditions which include a minimum acceptance threshold of 50 percent plus
one share on a diluted basis.

The management board and supervisory board of EPCOS have expressed their
full support for TDK’s offer and recommend accepting the offer as it meets
the interests of EPCOS, its customers, shareholders and employees. Under
the terms of the takeover offer EPCOS shareholders can continue to tender
their shares to TDK until October 7, 2008.

The offer document is available for download on the following website:

www.tdk-germany-gmbh.com 

About TDK

TDK (TSE:6762, NYSE and LSE:TDK) is a leading global electronics company
based in Japan. It was established in 1935 to commercialize 'ferrite', a
key material in electronics and magnetic products. TDK’s current product
line includes ferrite materials, electronic components, wireless computer
networking products, magnetic heads for HDD, and advanced digital recording
media.

TDK is listed on the Tokyo Stock Exchange, the New York Stock Exchange and
the London Stock Exchange.

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About EPCOS

EPCOS (EPCGn.DE) is a leading manufacturer of electronic components,
modules and systems headquartered in Munich, Germany. With its broad
portfolio EPCOS offers a comprehensive range of products from a single
source and focuses on fast-growing and technologically demanding markets,
in particular in the areas of information and communication technology, as
well as automotive, industrial and consumer electronics. The EPCOS Group
has design and manufacturing locations and sales offices in Europe, Asia,
and in North and South America.

Electronic components are found in every electrical and electronic product
and are indispensable for their flawless operation. Products from EPCOS
store electrical energy, filter frequencies, and protect against
overvoltage and overcurrent.

In fiscal 2007 (October 1, 2006, to September 30, 2007), EPCOS posted sales
of EUR 1.44 billion. At the end of the fiscal year, the company employed
about 18,300 people worldwide.

EPCOS is listed in Germany – on the Frankfurt Stock Exchange and the other
regional exchanges – and over the counter (OTC) in the US.

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Contacts for the media at TDK


Japan, other Asian countries
Kazutoshi Europe, Americas
Lutz GOLSCH
A&B
KOGURE
TDK Corporation
Tel  +81 3 5201-Financial Dynamics GmbH
Tel  +49 69
7102
Fax  +81 3 5201-7114
E-mail:      92037-110
Fax  +49 69 92037-199
E-
pr@mb1.tdk.co.jp                       mail: l.golsch@abfd.de




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Disclaimer

This announcement contains certain 'forward-looking statements' that are
based on the current expectations of TDK and are subject to uncertainty and
changes in circumstances. There are a number of factors that could cause
actual results and developments to differ materially from those expressed
or implied by such forward-looking statements including, but not limited
to, the anticipated benefits of the potential transaction not being
realized, shifts in technology, and changes in economic environments. TDK
undertakes no obligation to publicly update or revise any forward-looking
statements after the issue of this announcement except as required by law.

To the extent the Offer referred to in this announcement is being made into
the United States, it will be made directly by TDK Germany GmbH. References
in this announcement or in the Offer document to the Offer being made by
Nomura and/or Rothschild on behalf of TDK Germany GmbH should be construed
accordingly.

To the extent permitted by applicable law, TDK may directly or indirectly
acquire, or make arrangements to acquire, EPCOS shares on the public stock
exchange or in privately-negotiated transactions.
16.09.2008  Financial News transmitted by DGAP
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