TDK Announces Result of Offer for EPCOS

TOKYO and DÜSSELDORF—TDK Corporation and its wholly owned subsidiary TDK Germany GmbH have announced the result of the voluntary offer for EPCOS AG. During the acceptance period, which ended on October 7, 2008, the offer was accepted for 35.96% of the shares in EPCOS. Together with the 47.95% of the shares TDK has directly or indirectly purchased outside the offer, the company now has a total shareholding of 83.91% in EPCOS. Takehiro Kamigama, President and COO of TDK, commented, “We are very satisfied with the success of the offer. With nearly 84% of the shares secured, TDK and EPCOS will be able to create a leading electronics components company with a strong presence across customer sectors and regions.”