DGAP-Adhoc: Asian Bamboo AG announces the completion of a EUR 25.5 million capital increase as well as the greenshoe and placement of together an additional 500,000 shares by Green Resources

| Source: EQS Group AG EQS Group AG 

Asian Bamboo AG / Capital Increase

22.10.2009 

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Hamburg, 22 October 2009. With reference to the Company's announcement of
21 October, Asian Bamboo AG (ISIN: DE000A0M6M79; ticker symbol 5AB', 'the
Company') is pleased to announce that it has successfully placed 1,275,000
new shares in a private placement at an issue price of EUR 20 per share to
institutional investors by way of an accelerated bookbuilding process on 22
October managed by Sal. Oppenheim as Sole Bookrunner and M.M. Warburg as
Joint Lead Manager. Due to strong and high quality investor demand
substantially exceeding the offered shares, an over-allotment of 191,250
shares ('the greenshoe') and an additional 308,750 shares ('the placement')
were placed by Green Resource Enterprise Holding Ltd ('Green Resources'), a
company wholly owned by Mr. Lin Zuojun - the founder and CEO of Asian
Bamboo. Following this increase in capital without subscription rights, the
Company has a total of 14,025,000 shares outstanding.

As a result of the placement, Green Resources' shareholding in Asian Bamboo
has decreased by 308.750 shares to 6,951,950 shares, which is equivalent to
49.6% of the total number of outstanding shares following the increase in
capital and the placement. Following the exercise of the greenshoe, Green
Resources' shareholding will amount to 6,760,700 shares, which is
equivalent to 48.2% of the Company. The Company and Green Resources have
agreed not to sell any additional shares without the prior consent of Sal.
Oppenheim, the Sole Bookrunner, for a period of six months from the closing
of this transaction (the soft lock-up period).

As a result of the capital increase, the Company will receive gross
proceeds of EUR 25.5 million, which will be used to finance future
plantation leases.

Asian Bamboo AG
The Management Board


For enquiries, please contact: 
Asian Bamboo AG:
Peter Sjovall   +852-9385 3868
Chief Financial Officer
Anja Holst  +49-(0)40 37644 798
Investor Relations Manager





22.10.2009  |[![CDATA[|[a href="http://www.dgap.de"|]Financial News transmitted by DGAP|[/a|]]]|]

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Language:     English
Company:      Asian Bamboo AG
              Stadthausbrücke 1-3
              20355 Hamburg
              Deutschland
Phone:        +49 40 37644 798
Fax:          +49 40 37644 500
E-mail:       info@asian-bamboo.de
Internet:     www.asian-bamboo.de
ISIN:         DE000A0M6M79, DE000A0M6M79
WKN:          A0M6M7, A0M6M7
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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