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    Allgeier SE

    Dr. Christopher Große
    Marion Genais
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    Tel.: +49 89 998421-0
    Fax: +49 89 998421-11

Investor Relations
Allgeier continues to drive international expansion


ALLGEIER HOLDING AG / Key word(s): Acquisition15.07.2011 00:10Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP – a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.—————————————————————————Munich, 14 July 2011 – Allgeier Holding AG (WKN DE000508300) today signed acontract with the shareholders of IT solution provider and softwaredeveloper Nagarro Inc. to acquire all shares in the company. The transferof all the shares (closing) is dependent on compliance with the usualcontractual terms and is expected to be completed within the next few days.The company, which has its headquarters in the Silicon Valley, USA, hassubsidiaries in Germany, Sweden, India and Mexico.Nagarro is a high-end software service provider which develops tailoredsoftware solutions. Among the company’s key customers are majorcorporations in the USA and Europe which bank on Nagarro’s expertise andreliability in providing and developing key internal applications. In 2010,Nagarro achieved sales of approx. USD 22 million with a worldwide staff of840. The company, which was established in 1996, has seen constant majorgrowth in both sales and profits for many years now. The initial purchaseprice is in the low 2-digit million euro range and may well rise within thecoming three years to somewhere in the mid-2-digit million euro price rangewhen the company’s earn-out targets are fully realized. The existingshareholders of Nagarro Inc. will continue to have operationalresponsibility and serve as managing directors.To Allgeier, the transaction is a strategic move at an international levelso as to conquer key markets. Given the predicted shortfall in IT expertsin German-speaking countries, the company will thus gain access to highlyqualified IT staff in global locations. Add these resources to the existingspecialists in Allgeier’s group of companies and customers will find thatall of their requirements can be fully covered even in global projects.Another factor behind this transaction is to enhance the service portfolioof the Allgeier Group in terms of both valuable knowledge ofstate-of-the-art technology as well as geographical reach.Press contactAllgeier Holding AG Florian KränzleWehrlestraße 1281679 Munich, GermanyTelephone: +49 89 998421-0Fax: +49 89 998421-11E-mail: Allgeier Holding AG, with its headquarters in Munich, is one of the leadingconsultancy and service companies in the German-speaking countries. Withtheir units IT Solutions, IT Services & Recruitment and Project Solutions,Allgeier offers a comprehensive range of services from the initial conceptthrough implementation to the operation of IT landscapes. Allgeier Grouphas 16 operational subsidiaries with over 1,300 employees as well as morethan 1,400 freelance experts serving some 3,000 customers in virtuallyevery area of the economy. In Germany, the Group runs 52 subsidiaries aswell as 18 offices in Belgium, France, the Netherlands, Austria, Romania,the Czech Republic, Switzerland and China. During the 2010 financial year,Allgeier achieved sales of EUR 308.7 million. According to Lünendonk’smarket segment survey in 2010, Allgeier ranks no. 2 among the medium-sizedIT service companies and no. 2 among IT recruitment companies in Germany.The company is listed on the official market (General Standard) at theFrankfurt Stock Exchange.15.07.2011 DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at and————————————————————————— Language: EnglishCompany: ALLGEIER HOLDING AG Wehrlestraße 12 81679 München GermanyPhone: +49 (0) 89 – 99 84 21 0Fax: +49 (0) 89 – 99 84 21 11E-mail: info@allgeier.comInternet: http://www.allgeier.comISIN: DE0005086300WKN: 508630Indices: CDAXListed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service —————————————————————————