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PRESS RELEASE: Thomson Reuters ONE Ad-hoc/Hornbach-Baumarkt-AG:Ad hoc: Board of Management of HORNBACH-Baumarkt-AG resolves share buyback to facilitate issue of shares to employees

Hornbach-Baumarkt-AG /
 /
Ad hoc: Board of Management of HORNBACH-Baumarkt-AG resolves share buyback to
facilitate issue of shares to employees
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement. 

Bornheim, June 27, 2011. The Board of Management of Hornbach-Baumarkt-AG, based
in Bornheim/Pfalz, ISIN DE0006084403, today resolved to acquire up to 25,000 own
shares pursuant to Section 71 (1) No. 2 of the German Stock Corporation Act
(AktG). The shares are to be acquired already in preparation for the annual
issue of shares to employees scheduled to take place at the end of 2011. 

The buyback of shares on the basis of this management board resolution is to be
undertaken in accordance with the safe harbor regulations set out in Section 20a
(3) of the German Securities Trading Act (WpHG) in conjunction with Regulation
(EC) No. 2273/2003 of the European Commission dated December 22, 2003. 

The buyback of shares will begin on the day after the Annual General Meeting,
i.e. on July 8, 2011, and will run for a limited period expiring on
December 31, 2011. The purchase price to be paid by the company per share
(excluding acquisition expenses) may not exceed or fall short of the stock
market price by more than 10%. The stock market price shall be taken in this
respect to be the average of the closing prices in Xetra trading at the
Frankfurt Stock Exchange on the five stock market trading days immediately
preceding the respective acquisition. Moreover, the shares will not be acquired
at a price in excess of that determined pursuant to Article 5 (1) of Regulation
(EC) No. 2273/2003 of the European Commission dated 22 December 2003. 

Further information concerning the buyback of shares has been published in the
"Investor Relations/Share buyback" section on the internet and can be found at
the following URL: 

http://www.hornbach-holding.com/investor/en/php/cont_investor_buyback.php 

Moreover, the transactions executed will also be published at this address
pursuant to Article 4 (4) of Regulation (EC) No. 2273/2003 of the European
Commission dated December 22, 2003. 

 --- End of Message --- 

Hornbach-Baumarkt-AG
Hornbachstrasse 11 Bornheim bei Landau Germany 

WKN: 608440;ISIN: DE0006084403;Index:CDAX,Prime All Share;
Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse; 

This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein. 

Source: Hornbach-Baumarkt-AG via Thomson Reuters ONE 

[HUG#1526326] 

http://www.hornbach.com 

(END) Dow Jones Newswires

June 27, 2011 09:26 ET (13:26 GMT)