DGAP-Ad hoc: Pelikan Aktiengesellschaft

Publication of inside information pursuant to Article 17 Market Abuse Regulation

Cash compensation for shares in Pelikan Aktiengesellschaft determined at EUR 1,11 per share

Berlin, 23 August 2017 - Pelikan International Corporation Berhad ("PICB") today confirmed and specified to the management board of Pelikan Aktiengesellschaft its formal request pursuant to Sec. 327a para. 1 Stock Corporation Act dated 7 March 2017 for a resolution to be passed at the general shareholders' meeting of Pelikan Aktiengesellschaft to transfer the shares held by the remaining shareholders (minority shareholders) of Pelikan Aktiengesellschaft to PICB as majority shareholder in return for an adequate cash compensation (squeeze-out).

PICB has determined the cash compensation for the transfer of the shares held by the minority shareholders of Pelikan Aktiengesellschaft to PICB at EUR 1,11 for each no-par value bearer share of Pelikan Aktiengesellschaft.

The relevant resolution shall be adopted at the general shareholders' meeting of Pelikan Aktiengesellschaft which is scheduled for 6 October 2017.

Pelikan Aktiengesellschaft
The Management Board