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DGAP-Adhoc: P&I Personal & Informatik AG: Increase of the appropriate cash compensation

September 1, 2014

P&I Personal & Informatik AG / Key word(s): Squeeze Out 01.09.2014 16:55 Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Argon GmbH with its seat in Munich today informed P&I Personal & Informatik AG (ISIN DE0006913403) that it increases the amount of the appropriate cash compensation to be paid to the minority shareholders of P&I Personal & Informatik AG pursuant to section 327b para. 1 sentence 1 German Stock Corporation Act (Aktiengesetz, AktG) to EUR 70.90 per no-par-value bearer share, and thereby adjusts its specified Transfer request dated 3 July 2014. The cash compensation was determined at EUR 70.66 per no-par-value bearer share at that time. Deloitte & Touche GmbH WirtschaftsprÜfungsgesellschaft noted in connection with the update of the valuation of the company, that the objectified enterprise value of P&I Personal & Informatik AG was increased by a change of the interest rate conditions and further capital market parameters in the meantime. Argon GmbH will make a corresponding request in the shareholders' meeting on 2 September 2014. Wiesbaden, 1 September 2014 Board of directors P&I Personal & Informatik AG Kreuzberger Ring 56 D-65205 Wiesbaden 01.09.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at and --------------------------------------------------------------------------- Language: English Company: P&I Personal & Informatik AG Kreuzberger Ring 56 65205 Wiesbaden Germany Phone: +49 (0) 611 7147-0 Fax: +49 (0) 611 7147-125 E-mail: Internet: ISIN: DE0006913403 WKN: 691340 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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Source: DGAP Ad Hoc Disclosures

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