Bastei Lübbe AG sells majority of Räder business segment

Bastei Lübbe AG  / Key word(s): Disposal24.11.2016 17:39Disclosure of an inside information according to Article 17 MAR,transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Ad hoc disclosure in accordance with section 17 MARBastei Lübbe AG sells majority of Räder business segmentCologne, 24 November 2016. Bastei Lübbe AG has signed an agreement today todispose of the majority of the Räder business segment. There are specificplans to invest 100% of the shares in Räder in a new limited liabilitycompany (Gesellschaft mit beschränkter Haftung - GmbH) at year-end as partof an asset deal.Specifically, a sale and investment process in multiple stages is planned.Räder GmbH, which will be based in Bochum, will initially be establishedtogether with MBH Mamisch Beteiligungsholding GmbH. Bastei Lübbe AG willhold a 20% stake in the new company, while MBH Mamisch Beteiligungsholdingwill hold an 80% stake. The new company, Räder GmbH, will buy all trademarkrights and 100% of the assets in the Räder business segment from BasteiLübbe AG. The purchase price for this is EUR 14.1 million and Bastei LübbeAG has the corresponding proof of capital. MBH Mamisch BeteiligungsholdingGmbH, based in Grünwald, is privately held entirely by Mr Tarek Mamisch.The Supervisory Board of Bastei Lübbe AG has already approved the disposalplans. The agreement is subject to two suspensive conditions beforebecoming effective.24.11.2016 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Archive at www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      Bastei Lübbe AG              Schanzenstraße 6 - 20              51063 Köln              GermanyPhone:        02 21 / 82 00 - 0Fax:          02 21 / 82 00 - 1900E-mail:       investorrelations@luebbe.deInternet:     www.luebbe.deISIN:         DE000A1X3YY0, DE000A1K0169WKN:          A1X3YY, A1K016Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,              Stuttgart, Tradegate Exchange End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------