Harman International Industries Inc.
Harman Intl. Industries english
Harman Becker Automotive Systems GmbH
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Mandatory Tender Offer by Harman Becker Automotive Systems (Becker Division)
GmbH, Karlsbad, subsidiary of Harman International Industries, to the outside
shareholders of CAA AG Filderstadt
Harman Becker Automotive Systems (Becker Division) GmbH, Karlsbad, (“Harman
Becker”) announces that the purchase price per CAA share pursuant to the
announced mandatory tender offer (pursuant to Section 35 of the German
Securities Acquisition and Takeover Act) is Euro 5.29.
Further details will be announced with the publication of the mandatory tender
offer on March 6,2002.
Harman Becker is a subsidiary of Harman International Industries, Incorporated,
Northridge, California, USA, the ultimate parent of the Harman Group. Harman
Becker is a provider of technological innovations in the automobile navigation
industry, telematics and digital TV tuning technology. CAA is a developer and
provider of operating concepts, graphic user systems, and software for CarPC-
systems, (i.e., integrated driver information and communication systems for
automobiles).
Harman Becker has already entered into a cooperation agreement with CAA in
November 2001, in which both companies agreed on a long-term cooperation as
system partners for various car manufacturers’ multimedia projects. Harman
Becker already holds directly and indirectly 78.15 % of the total stated
capital and voting rights of CAA.
Karlsbad, March 5, 2002
Harman Becker Automotive Systems (Becker Division) GmbH
Management
end of message, (c)DGAP 05.03.2002
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