DGAP-Adhoc: FJA AG: FJA AG and COR AG Financial

FJA AG / Mergers & Acquisitions/Mergers & Acquisitions

08.06.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc announcement 

FJA AG and COR AG Financial Technologie reach merger agreement and agree on
share exchange ratio - merger report signed

Munich, 8 June 2009 -  The executive boards of FJA AG in Munich and COR AG
Financial Technologies, based in Leinfelden-Echterdingen, have today
agreed, with the approval of their supervisory boards, on a proposed merger
agreement, under which COR AG Financial Technologies will merge with FJA
AG. The share exchange ratio has also been agreed: the shareholders of COR
AG Financial Technologies will receive 25 FJA shares in exchange for 14 COR
shares. To determine the appropriate share exchange ratio, both companies
were valued with the expert help of Ebner Stolz Mönning Bachem GmbH & Co.
KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, a firm of
auditors and tax advisers based in Stuttgart. The company values calculated
using the 'Ertragswert' (discounted earnings) method are EUR 8,10 per COR
share and EUR 4,54 per FJA share.

The share capital of FJA AG is currently EUR 21,289,353.00, comprising
21,289,353 no-par-value bearer shares with an arithmetical share capital
value of EUR 1.00 per share. The share capital of COR AG is currently EUR
12,047,336.00 comprising 12,047,336 ordinary bearer shares (no-par-value
shares) with an arithmetical nominal value of EUR 1.00.

The executive boards of FJA AG and COR AG Financial Technologies also
signed the joint merger report today. The draft merger agreement is to be
presented to the annual general meeting of COR AG Financial Technologies on
27 July 2009 and to the annual general meeting of FJA AG on 28 July 2009
for approval.

FJA AG
Eva Hesse
Elsenheimerstrasse 65
80687 Munich
Telephone +49 (0) 89 769 01 274
Fax: +49 (0) 89 769 01 606 
E-mail: eva.hesse@fja.com
Internet: www.fja.com
DGAP 08.06.2009 
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Language:     English
Issuer:       FJA AG
              Elsenheimerstraße 65
              80687 München
              Deutschland
Phone:        +49 (0)89 769 01-0
Fax:          +49 (0)89  769 88-13
E-mail:       investor.relations@fja.com
Internet:     www.fja.com
ISIN:         DE0005130108
WKN:          513010
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
 
End of News                                     DGAP News-Service
 
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DGAP-Adhoc: FJA AG: FJA AG and COR AG Financial Technologies reach merger agreement and agree on share exchange ratio - merger report signed
