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01.07.2007 – 17:14

Zapf Creation AG

euro adhoc: Financing, Stock Offerings (IPO)
Zapf Creation: Negotiations about follow-up financing not yet completed

--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------



Rödental, July 1, 2007 - Zapf Creation AG, Europe's leading manufacturer of play and functional dolls, today announced that, after complex negotiations, it has obtained commitments in principle from a banking consortium regarding long-term follow-up financing for the Group.

The commitments are tied to several conditions, which still have to be negotiated in the next days. Among others, the conditions are related to the planned increase of the share capital of Zapf Creation AG as a further component of the overall concept for the company's future financing.

The Management Board is in intensive negotiations with the existing banking consortium regarding another extension of the syndicated loan agreement that expired on June 30, 2007.

The Management Board remains confident that follow-up financing for the company can be obtained soon after the open questions have been clarified with all parties involved.

end of announcement                                                 euro adhoc 01.07.2007 16:39:24

ots Originaltext: Zapf Creation AG
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Further inquiry note:
Frank Elsner
Frank Elsner Kommunikation für Unternehmen GmbH
Tel.: +49 (0) 54 04 - 91 92 0,
Fax: +49 (0) 54 04 - 91 92 29

Branche: Consumer Goods
ISIN:      DE0007806002
WKN:        780600
Index:    CDAX, Classic All Share, Prime All Share
Börsen:  Börse Frankfurt / official dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Börse München / free trade

Original content of: Zapf Creation AG, transmitted by news aktuell

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