Announcement on the acquisition of ownership by EG Capital

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Announcement on the acquisition of ownership by EG Capital

About the acquisition by EG CAPITAL SA of a direct interest in STATE PRINTING HOUSE PLC and about the termination of the direct interest and the increase of the indirect control by DR. ÁKOS ERDŐS and DR. ISTVÁNNÉ GÖMÖRI

State Printing House (Company) hereby discharges its extraordinary disclosure obligation set forth in sections 6 and 19 of annex 6. of act CXX of 2001 on capital markets and in sections 7-9. of annex 1. of the Regulations of the Budapest Stock Exchange for listing, continued trading and disclosure:

On 28th April 2006 EG Capital SA purchased on the Budapest Stock Exchange a total of 203,353 registered common shares of the Company with a nominal value of HUF 980 each, representing 13.75% of the total stock of the Company. On the same day, Dr. Ákos Erdős and Dr. Istvánné Gömöri sold through Concorde Securities Co. 173,986 and 29,367 registered common shares respectively, with a nominal value of HUF 980 each for a share price of HUF 6815. Following the transaction Dr. Ákos Erdős and Dr. Istvánné Gömöri have no shareholding within the Company. Dr. Ákos Erdős owns 85.55% and Dr. Istvánné Gömöri owns 14.45% of EG Capital SA. As a result of the above transaction (i) through the common shares it acquired, EG Capital SA gained a direct control of 14.56% in the Company, (ii) the direct control of Dr. Erdős Ákos ceased to exist in the Company, his indirect control increased to 14.56%, (iii) the direct control of Dr. Istvánné Gömöri ceased to exist in the Company, her indirect control increased to 2.1%. EG Capital SA is the legal successor of Dr. Ákos Erdős and Dr. Istvánné Gömöri in terms of the oral agreement concluded by and among Dr. Erdős Ákos, Dr. Istvánné Gömöri and Royalton Investors Three Limited regarding coordinated behaviour, as well.

In the context of gaining control, the parties have amended the agreement dated 8th December 2005 concluded by and among Dr. Ákos Erdős, Dr. Istvánné Gömöri, Royalton Investors Three Limited, the Company and György Gyergyák, CEO of the Company, György Vajda and Gábor Zsámboki, Deputy CEO’s of the Company, as Obligors and Concorde Securities Co., for the restriction on the sale of the shares held by the Obligors. As a result of the amendment, in the future EG Capital SA, a party acceding to the agreement, shall be regarded as the legal successor of Dr. Ákos Erdős and Dr. Istvánné Gömöri.

State Printing House Plc.

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2006-04-28T00:00:00+00:00