Munich, 17 July 2007: The parent company ce GLOBAL SOURCING AG, Munich, after intensive negotiations with several interested parties has sold the fully owned subsidiary ce Australia Pty. Ltd to the Australian management. Michael Negel, CEO and President of ce GLOBAL SOURCING AG: "We are very happy with the achieved results. The incoming liquidity will be invested to expand our European business. Additionally the successful management buyout underlines the target focusing on the regions Europe and Asia. Due to the long-term business relationship we will continue to work closely with the Australian company." About ce Australia The company was purchased in 2000 and considered to bet he largest chip broker in Australia. In fiscal year 2006 the company achieved a loss of 154k Euro (2005: loss 95k Euro) and contributed 16 percent (2005: 15 percent), respectively 5,677k Euro (2005: 4,319k Euro) to the ce GLOBAL SOURCING group's net sales of 35,290k Euro (2005: 29,387k Euro). As at 31.12.2006 the company counted 12 employees in the two branches near Sydney and Brisbane. Service For additional information please contact ce GLOBAL SOURCING AG, Investor Relations, Tel.: +49 (89) 548839 - 12, Fax: +49 (89) 9971 - 1010, Email: ir@ce-global.de End of company news