Ad hoc: VOGT electronic AG: VOGT electronic agrees on headcount reduction redundancy payment scheme

15. Januar 2009VOGT electronic AG / Misc. manpower / employee / Ad hoc: VOGT electronic agrees on headcount reduction redundancy payment scheme Ad hoc announcement according to Â§15 WpHG processed and transmitted by Hugin. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- As a reaction to the consequences arising out of the global financing crisis and the resulting current market development the VOGT electronic Group is going to execute structural adjustments on the sites Erlau and Lehesten. On both sites 219 employees in total will be made redundant, the main part on Erlau site. This adjustment becomes crucial to ensure the future of the Group. The Management Board and the Works Council agreed on a socially acceptable solution. The agreement which has been concluded today for Erlau site provides the opportunity for all employees affected to switch to a transitional company. The restructuring costs disclosed in the annual financial statements 2008 of ca. 10 mio. Euro will result in an operating loss in Q'4 for the VOGT electronic Group. Obernzell, January 15, 2009 The Management Board For any further information please contact: VOGT electronic AG Mrs. Annette Stiefler VOGT electronic Platz 1 D-94130 Obernzell Tel.: +49 8591 / 937 121 Fax: + 49 8591 / 937 9121 ir@vogt-electronic.com --- End of Message --- VOGT electronic AG VOGT electronic Platz 1 Obernzell Germany WKN: 765933; ISIN: DE0007659336; Index: CDAX; Listed: Amtlicher Markt in Frankfurter WertpapierbÃ¶rse, Freiverkehr in BÃ¶rse Stuttgart, Amtlicher Markt in Bayerische BÃ¶rse MÃ¼nchen, Freiverkehr in BÃ¶rse Berlin, Freiverkehr in Hanseatische WertpapierbÃ¶rse zu Hamburg, General Standard in Frankfurter WertpapierbÃ¶rse;