Nanogate AG: Issue price of €32.00

Saarbrücken, 17 October 2006. Shares in Nanogate AG (ISIN DE000A0JKHC9) are to be sold at the top of their range at an issue price of €32.00. The shares in the nanotechnology company will commence trading on the Entry Standard of the Frankfurt Stock Exchange on Wednesday, 18 October 2006. The IPO was managed by Landesbank Baden-Württemberg as lead manager and sole bookrunner and the Frankfurt investment bank equinet Securities AG as co-lead manager. Due to the strong demand the issue was oversubscribed. All 603,000 offered shares including the greenshoe are sold.

The share issue received a positive echo not only with institutional investors in Germany and abroad, but also with private investors. As the issue was oversubscribed, so that every order from private investors placed at the consortium and comdirect will receive 50 percent of the order. Orders from private investors of other banks have not been served. Overall, about 15 percent of the shares were issued to private investors. The allotment of shares to private investors complied with the “Principles for the allotment of share issues to private investors” (published on 7 June 2000 by the German Federal Ministry of Finance). Shares were only allocated to those orders which fulfilled the terms of the purchase offer dated 12 October 2006.

A total of 603,000 shares were offered for sale in the IPO, of which the majority, or 400,000 shares, represented a capital increase. A further 125,000 existing shares were also sold. The greenshoe from existing stock amounted to 78,000 shares. The free float is about 28% (before using the greenshoe option). The IPO was managed by Landesbank Baden-Württemberg as lead manager and sole bookrunner and the Frankfurt investment bank equinet Securities AG as co-lead manager.

Ralf Zastrau, CEO of Nanogate AG: “Following our successful IPO we now have the financial muscle to implement our strategy as planned. Our aim is to expand our position as one of the leading international enablers by further internal and external growth.” The nanotechnology company plans to expand and develop new business areas, for example in the tribology sector for minimising friction or wear and tear and in technology platforms. In addition, development and production capacities are to be expanded and the international presence extended. “Part of our growth strategy is also the completion of further equity investments and joint ventures,” continued Zastrau.

IPO facts & figures

Segment:

Entry Standard, Open Market, Frankfurt Stock Exchange

Symbol::

N7G

ISIN:

DE000A0JKHC9

WKN:

A0JKHC

Subscription period:

12 to 16 October 2006

First listing:

18 October 2006

Issue price:

€32,00

Price range:

€28,00 to €32,00

Transaction volume:

about €19.3m (including greenshoe)

Market capitalisation:

€60.8m (including greenshoe, based on €32.00)

Total number of shares:

1.9 million ordinary shares (after IPO)

Placement volume:

400,000 ordinary shares from capital increase
125,000 ordinary shares from sale of existing stock

Greenshoe:

78,000 ordinary shares from sale of existing stock

Offer category::

Decoupled bookbuilding process with capital increase and sale of existing shares

Shareholder structure:

Free float: 27.63%
Nanogate Technologies GmbH¹: 61.79 %
Nanotec Beteiligungen GmbH²: 10.58 %
(post-IPO, pre-greenshoe)

Holding period:

Nanogate Technologies GmbH: 6 months³
NanoTec Beteiligungen GmbH: 12 months⁴

Designated sponsor:

Landesbank Baden-Württemberg, equinet Securities AG

Consortium:

Landesbank Baden-Württemberg (lead manager and sole bookrunner) and equinet Securities AG (co-lead manager)

¹ Shareholder of Nanogate Technologies GmbH are mainly venture capital funds (3i, Sal. Oppenheim, equinet ESCFI, SET) and some private investors
²All shares in NanoTec Beteiligungen GmbH held by the Nanogate AG management
³ Sales are only permitted with LBBW's approval
⁴ After a period of six months sales are permitted with LBBW's approval

Disclaimer:

This publication constitutes neither an offer to sell nor an invitation to buy securities. The shares in Nanogate AG (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")). No offer or sale of transferable securities is being made to the public outside Germany. The offer in Germany will be made exclusively by means of and on the basis of a prospectus published and available free of charge at Nanogate AG, Gewerbepark Eschbergerweg, D-66121 Saarbrücken, Landesbank Baden-Württemberg, Am Hauptbahnhof 2, D-70173 Stuttgart and equinet Securities AG, Gräfstraße 97, D-60487 Frankfurt and will additionally be published on the website of the company at www.nanogate.com/.

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