The principal shareholder of EPCOS AG, TDK Corporation, Tokyo, Japan, Thursday said it has determined a cash compensation for the squeeze-out of EPCOS AG.

The company has determined a cash compensation to be paid for the transfer of the shares held by EPCOS's minority shareholders to TDK Corporation at an amount of EUR18.14 per non-par value registered share with a calculated amount in the share capital of EUR 1.00.

A resolution on the squeeze out is to be passed at the ordinary general meeting of EPCOS AG scheduled for 20 May 2009.