Jackermeier investor group increases financing offer to Endor AG to EUR 48.4 Million and calls for personnel changes at Management Board and Supervisory Board level

Landshut (ots) - A group of investors formed by the founder, major shareholder
and former CEO of Endor AG, Thomas Jackermeier, has significantly increased its
financing offer to the company to a total of EUR 48.439 million, according to an
open letter from the group to the lending banks and the Supervisory Board of
Endor AG, which the group has published earlier today and which is attached to
this press release. The group is demanding that the CEO and CFO of Endor AG are
to be removed from office and that two members of the Supervisory Board are to
resign. The investor group coordinates its steps with the Schutzgemeinschaft der
Kapitalanleger (SdK).

Open letter to the representatives of the banks and the Supervisory Board of
Endor

From Thomas Jackermeier as representative of the Jackermeier investor group

Dear representatives of the banks,

Dear Supervisory Board of Endor AG,

With this open letter, we want to remain true to our line and ensure
transparency in the financial restructuring of Endor AG - as we already did with
the press release of April 25, 2014. We are concerned about the behavior of the
management of Endor AG, which lacks transparency towards the market as well as
towards partners and employees.

The Jackermeier investor group (investor group) has submitted a proposal to the
Board of Directors with the following key points.

Binding offers:

- Commitment letters for the subscription of a capital increase at a
subscription price of EUR 1 and the issue of 7,748,792 new shares and thus a
volume of EUR 7,748,792
- Exercise of own and assigned subscription rights in the amount of 5,234,066
shares
- Obligation to subscribe to unexercised subscription rights in the amount of up
to EUR 6,205,416
- Loans with convertible loans totaling EUR 9 million
- Secured loans without conversion option totaling EUR 11 million
- Increase of all offers by EUR 5,815,532.00
- A new and very financially strong German investor has joined the group, who
submitted a binding offer for a secured loan in the amount of EUR 5 million
(with a bank confirmation).
- Werner Zieglmaier (auditor and tax consultant)
- Robin von Büren (entrepreneur and planned new major investor)
- Approval of the investor group's offer. This means that it would no longer be
legally possible to file the StaRUG proceedings.
- Start negotiations to extend the loans until at least December 31, 2025 and if
possible until December 31, 2026, as well as reviewing the interest
conditions, negotiating repayments and financing the property with the company
as soon as the Management Board has been reappointed.

Total: EUR 27,748,792 million

Non-binding offers: