Ad hoc announcement: offer by ERGO Versicherungsgruppe AG

Ad hoc announcement: offer by ERGO Versicherungsgruppe AG

Ad hoc announcement to § 15 WpHG

Frankfurt/Main, July 4, 2008

The Management Board of MEDICLIN AG (DE0006595101) (the “Company”) has been informed today that one of its current shareholders, ERGO Versicherungsgruppe AG (Cologne), following the purchase of additional shares is in slight excess of 30 per cent. of the voting rights in the Company and has thereby gained control within the meaning of Section 35 para. 1 in connection with Section 29 para. 2 of the German Takeover Act (WpÜG). According to this, ERGO Versicherungsgruppe AG holds directly 5,709,639 no-par shares of MEDICLIN AG (equal to about 18.13 per cent. of the voting rights) and indirectly through its subsidiary DKV Deutsche Krankenversicherung AG (Cologne) further 3,740,500 no-par shares (equal to about 11.87 per cent.). As the Company was further told, ERGO Versicherungsgruppe AG will publish a mandatory offer pursuant to Section 35 para 2 WpÜG following approval by the German Financial Federal Financial Supervisory Authority (BaFin). According to this, ERGO Versicherungsgruppe AG intends to offer to acquire all outstanding shares in MEDICLIN AG for a purchase price of € 2.50 per no-par share.

As the Company was further told, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft (Munich) ist the majority shareholder in ERGO Versicherungsgruppe AG. Accordingly, all voting rights held directly or indirectly by ERGO Versicherungsgruppe AG are also attributed to Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft and Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft has also gained control about the Company. ERGO Versicherungsgruppe has informed the Company that it will publish the mandatory offer also in the name of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft.