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Zapf Creation AG

EANS-Adhoc: Zapf Creation: Negotiations regarding the Long-term Group financing to be continued

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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Contracts/Long-term Group financing

02.07.2010

Roedental, July 2, 2010 - In the course of the negotiations regarding the Long-term Group financing of Zapf Creation the lenders have not agreed to waive compliance with key financial covenants beyond June 30, 2010. Nevertheless, the constructive negotiations with the lenders are being continued. Mr. Isaac Larian, who together with his family and by using certain trusts is the majority shareholder of Zapf Creation, has declared that he is willing to buy part of the loans currently held by the lenders at certain conditions to be ultimately negotiated and determined. The company continues to be confident that the negotiations regarding the financing will lead to a positive result.

end of announcement                               euro adhoc
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Further inquiry note:

Zapf Creation AG
Mönchrödener Str. 13
D-96472 Roedental
Germany
Tel.: +49 - (0) 9563 - 725 - 1513
Fax: +49 - (0) 9563 - 725 - 1321
E-mail: info@zapf-creation.de

For the press:
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: MDAX, CDAX, Classic All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade

Original-Content von: Zapf Creation AG, übermittelt durch news aktuell

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