Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG / Key word(s): Acquisition/Strategic Company Decision 12.05.2015 12:52 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad Hoc announcement according to Sec. 15 Securities Trading Act (WpHG) LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG - Security Identification Number 519 990 - LUDWIG BECK acquires men's fashion store chain WORMLAND Munich, May 12, 2015 - LUDWIG BECK AG today acquired all shares in WORMLAND Unternehmensverwaltung GmbH via a subsidiary. The parties agreed to keep the purchase price secret. Through its subsidiary Theo Wormland GmbH & Co. KG, WORMLAND Unternehmensverwaltung GmbH operates a total of 15 German textile retail branches in prime locations and an associated online shop. WORMLAND is a specialist supplier in the field of men's fashion with high-level competence, an exceptional reputation and a significant market position in this segment. Based on WORMLAND's expertise in chain store operations it will be possible to tap additional growth potentials in the future. Thus, the acquisition of WORMLAND is of strategic significance. So far, LUDWIG BECK has stood primarily for premium women's fashion and non-textile product ranges like cosmetics and sound recordings. With the acquisition of WORMLAND, LUDWIG BECK will become one of the top addresses in Germany also in the field of men's fashion. WORMLAND's gross sales amounted to approximately EUR 79.6m in 2014, generated with a staff of 465 employees on a sales area of approximately 13,600 sqm. On account of the acquisition of WORMLAND, LUDWIG BECK's forecast for the year 2015 has to be adjusted. The management now expects sales to increase by approximately 60% (previously 2 - 4%). With the pro-rated sales of WORMLAND included, LUDWIG BECK could thus attain accumulated gross sales of approximately EUR 164m in aggregate in 2015 (previous year: EUR 102.7m). The anticipated earnings before interest and taxes (EBIT) are expected to rise considerably to approximately EUR 17 - 19m (previously approximately EUR 10m) - basically due to non-recurring effects. Investor Relations contact: esVedra consulting GmbH Metis Tarta t: +49 89 206021-210 f: +49 89 206021-610 [email protected] Group accounting contact: LUDWIG BECK AG Jens Schott t: +49 89 23691-798 f: +49 89 23691-600 [email protected] 12.05.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG Marienplatz 11 80331 München Germany Phone: +49 (0)89 2 36 91-0 Fax: +49 (0)89 2 36 91-600 E-mail: [email protected] Internet: www.ludwigbeck.de ISIN: DE0005199905 WKN: 519990 Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------