BERU AG
BERU AG: BERU and BorgWarner are planning a Domination and Profit Transfer Agreement
BERU AG / Miscellaneous Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- BERU and BorgWarner are planning a Domination and Profit Transfer Agreement Ludwigsburg, December 11, 2007 – The Executive Board of BERU AG was informed today by BorgWarner Germany GmbH that BorgWarner Germany GmbH has crossed the threshold of 75% voting rights in BERU AG on December 10, 2007, and that it is intended to start preparation for the conclusion of a domination and profit transfer agreement between BorgWarner Germany GmbH as controlling party and BERU AG as controlled party. The Executive Board of BERU AG welcomes this intention and will start with the preparations. The terms and conditions of the domination and profit transfer agreement, in particular the amount of the adequate guaranteed dividends for the minority shareholders and the amount of the adequate cash compensation for those minority shareholders, who choose to sell their shares in BERU AG to BorgWarner Germany GmbH against cash compensation, will be determined and agreed upon within the next months. The agreement requires the approval of the shareholders' meeting of BERU AG. BERU AG The Executive Board 11.12.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: BERU AG Mörikestr. 155 71636 Ludwigsburg Deutschland Phone: +49 (0)7141 132-948 Fax: +49 (0)7141 132-586 E-mail: investor-relations@beru.de Internet: www.beru.de ISIN: DE0005072102 WKN: 507210 Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
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