Board of directors and supervisory board of PROCON MultiMedia AG contemplate to strengthen its equity

Hamburg, (PresseBox) - In order to strengthen the equity of PROCON MultiMedia Aktiengesellschaft (ISIN: DE0005122006, Prime Standard; hereinafter “Company”) the board of directors and the supervisory board of the Company resolved today to call an extraordinary general meeting on 26 October 2007 in Hamburg and to propose to the shareholders of the Company at this extraordinary general meeting to increase the registered share capital (Grundkapital) by way of a contribution in cash and in kind from € 9,061,023.00 by up to € 27,183,069.00 to a maximum of € 36,244,092.00 by issuing up to 27,183,069 new bearer shares with a pre-emption right ratio of 1 old to 3 new shares (1:3).

The new shares shall be issued for an issuing amount (Ausgabebetrag) yet to be determined. Within the scope of the capital increase the existing shareholder of the Company Günther Fielmann and the members of the board of directors Morten Carlsson and Christian Möller will contribute – by way of a contribution in kind – loan repayment claims against the Company of € 16.65 Mio. to be taken over from Bayerische Hypo- und Vereinsbank AG in consideration for up to 9.791.034 shares. In addition, claims against the Company stemming from debtor warrants (Besserungsabreden) shall be transferred to the Company. The remaining shares shall be offered to the shareholders of the Company with the abovementioned pre-emption right ratio by way of a cash contribution.

The minutes of the extraordinary general meeting will be available for inspection and download as of 18 September 2007 at www.procon.com.

Production Resource Group AG

PROCON ist ein Full-Service Provider für die Medien-, und Veranstaltungsindustrie. Schwerpunkt der Tätigkeit ist die Vermarktung von Licht-, Ton-, Kamera- und Präsentationstechnik sowie Studios für Events und Film- und Fernsehproduktionen. Hinzu kommt die umfassende Beratung und Betreuung rund um technisch professionell inszenierte Veranstaltungen und Film- und Fernsehproduktionen. PROCON ist mit Tochtergesellschaften, Niederlassungen und über ein breites Vertriebsnetzwerk in insgesamt zehn Ländern präsent.

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