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Jul. 02, 2008

Insolvency opened

Jun. 11, 2008

Thielert AG: Annual shareholders' meeting cancelled. Revocation of the admission to Prime Standard.

Apr. 30, 2008

Thielert AG: New CEO appointed. Filed for the opening of insolvency. Annual report postponed. Extraordinary general meeting cancelled.

Apr. 24, 2008

Thielert AG: Subsidiary Thielert Aircraft Engines GmbH filed for insolvency

Apr. 23, 2008

Management board dismissed for cause. Annual financial statements for the years 2003 through 2005 incorrect. Investors discontinue support for restructuring package.

Apr. 09, 2008

Urgent liquidity problems addressed, changes in shareholder structure, restructuring measures initiated, management board changes anticipated, appeal lodged against nullity judgment

Mar. 25, 2008

Publication of the 2007 Annual Financial Statements Postponed

Mar. 06, 2008

Decision of the District Court Hamburg on actions against annual financial statements of Thielert AG

Feb. 28, 2008

Decision of the District Court Hamburg on resolutions of the shareholders’ meeting of Thielert AG of August 1, 2007

Jul. 11, 2007

Placing of Thielert AG’s new shares successfully completed

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