TIG Themis Industries Group extends share buyback programme

TIG Themis Industries Group GmbH & Co. KGaA / Share Buyback

30.10.2009 

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TIG Themis Industries Group GmbH & Co. KGaA today decided to extend the
share buyback programme already executed from 9 June 2009 to 30 October
2009, acting on the authorisation granted by the Annual General Meeting on
4 September 2008, for a further period until 31 March 2010. Up to 5% of the
company's share capital is to be bought back in total (up to 266,601
individual registered shares). Within the current share buyback programme,
around 2% of the share capital (115,500 shares) was acquired at an average
price of EUR 3.69.

The shares thereby bought back may be used for all purposes stipulated in
the authorisation granted by the Annual General Meeting, and in particular
for the retirement at a later date, use as acquisition currency or disposal
of the shares. Furthermore, the shares may be used to service stock option
programmes.

The extended buyback is to take place in the period from 2 November 2009
until 31 March 2010 and to be executed via the stock market. In line with
the authorisation by the Annual General Meeting, the purchase price paid
per share by TIG when acquiring shares on the stock market may not be more
than 10% higher or lower than the average closing price in Xetra trading on
the three trading days prior to the acquisition.

Pursuant to the resolution adopted by the personally liable shareholder and
the Supervisory Board, the execution of the buyback programme should be
managed by a bank which reaches independent decisions uninfluenced by TIG
concerning the timing of individual buyback transactions.

'TIG's operations have shown very stable developments in recent months. The
robust performance of our share has benefited both from our fund-of-fund
portfolio and from our direct investments, especially the /new i-d media AG
investment acquired in July 2009. At present, TIG's share price still
represents a discount to NAV of around 50%. In view of this, it is only
consistent and sensible that we should extend the share buyback programme
launched in June 2009', commented Christoph D. Kauter, CEO of TIG Themis
Industries Group.

++ About TIG Themis Industries Group

The TIG Themis Industries Group is an industrial holding company that
specialises in investments in small- and medium-sized companies in
turnaround and special situations. Restructuring teams throughout Europe
quickly revitalise TIG's equity interests to create competitive, high
return companies. These investments are then either sold at a profit or
remain in the portfolio as base investments providing high dividends and
returns.

Contact:
TIG Themis Industries Group GmbH & Co. KGaA
Christoph D. Kauter
Chief Executive Officer
Phone: +49 69 71 91 59 65 39
investor-relations@themis-industries.de




30.10.2009  Financial News transmitted by DGAP

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Language:     English
Company:      TIG Themis Industries Group GmbH & Co. KGaA
              Grüneburgweg 18
              60322 Frankfurt am Main
              Deutschland
Phone:        069 - 71 91 59 65 - 0
Fax:          069 - 71 91 59 65 - 11
E-mail:       info@themis-industries.de
Internet:     http://www.themis-industries.de
ISIN:         DE000A0XYL04
WKN:          A0XYL0
Listed:       Freiverkehr in Stuttgart; Entry Standard in Frankfurt
 
End of News                                     DGAP News-Service
 
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