Geneva, 3 March 2014, at 18.00 CET

The Shareholders of Advanced Digital Broadcast Holdings SA are invited to attend the Extraordinary General Meeting, which will take place on 28 March, 2014, at 10:00 am, at the Company premises located at Avenue de Tournay,7, 1292 Chambésy (GE), Switzerland.

Agenda

1. Capital reduction through cancellation of shares held in treasury

The Board of Directors proposes to adopt the following resolution:

1.  

The share capital of the Company, presently of CHF 1,392,872.00, is reduced by the amount of CHF 136,398.75, through the cancellation of 545,595 registered shares held in treasury by the Company, and representing 9.8 % of the share capital of the Company.

2.

The Article 5 of the Articles of Association is modified as follows:

«The share capital of the Company is set at ONE MILLION TWO HUNDRED FIFTY-SIX THOUSAND FOUR HUNDRED SEVENTY-THREE SWISS FRANCS AND TWENTY-FIVE CENTS (CHF 1,256,473.25), fully subscribed.

It is divided into:

FIVE MILLION TWENTY-FIVE THOUSAND EIGHT HUNDRED NINETY-THREE (5,025,893) shares of TWENTY-FIVE CENTS (CHF 0.25) each, fully subscribed».

Explanation

Shares proposed for cancellation were purchased through share repurchase programs for the purposes of financing potential acquisitions of companies and/or for employee share-ownership programs and/or for any use in the interest of the Company. Since these purposes have been achieved, the Board of Directors deems that it is in the interest of the Company to cancel these shares.

The capital reduction by cancellation of shares can only be accomplished after publication of three notices to creditors in accordance with Article 733 of the Swiss Code of Obligations. Such notices to creditors will be published after the Extraordinary General Meeting of Shareholders in the Swiss Official Gazette of Commerce. After the two-month waiting period required by law has lapsed, the share capital reduction can be effected and entered into the Commercial Register.

Miscellaneous

The report of the statutory auditors within the meaning of article 732, para. 2, of the Swiss Code of Obligations, is available to the Shareholders from 7 March, 2014, at the Company premises located at Avenue de Tournay,7, 1292 Chambésy (GE), Switzerland, as well as on the Company's website www.adbholdings.com. From the same date, any Shareholder may request that a copy of this document be sent by mail.

A personal invitation to the Extraordinary General Meeting with an admission card shall be sent to any Shareholder who will request it at ir@adbgeneva.com. Only the Shareholders validly registered with voting rights in the share register of the Company as of 18 March, 2014, shall be entitled to vote. No new Shareholder shall be registered in the share register between 19 March, 2014, and 28 March, 2014.

Shareholders who cannot attend the Extraordinary General Meeting in person can elect to be represented by another Shareholder validly registered in the share register with voting rights, by the Company or by Maître Etienne-A. Bourgeois, rue Rodolphe Toepffer 5, 1211 Geneva, Switzerland, the independent proxy, within the meaning of Article 689c of the Swiss Code of Obligations. In the absence of instructions on some or all of the proposals, the voting rights shall be exercised by the Company or the independent proxy, as the case may be, in favor of the Board of Directors' proposals.

The proxy holders of deposited shares according to Article 689d of the Swiss Code of Obligations, are requested to inform the Company of the number of shares they represent no later than by 24 March, 2014. The entities subject to the Federal Banking Law of 8 November, 1934 as well as professional asset managers are considered as proxy holders of deposited shares.

English Version provided for convenience - French Version Prevails

This press release and further information on ADB Group can be found on the Group's website at www.adbholdings.com

For further information please contact:

Tina Nyfors

Investor Relations/Group Communication

Tel:

 +41 22 592 8433

Fax:

+41 22 592 8402

t.nyfors@adbglobal.com

-end-

About ADB Group (SIX: ADBN)

ADB Group (www.adbholdings.com) was founded in 1995 and is a leading developer and supplier of solutions required to view and interact with digital TV broadcast through cable, satellite, terrestrial and IP networks, as well as products and systems for broadband data communication business. The Group today sells a broad range of products and services, including connected home multimedia solutions, software, consumer premises devices, consulting and engineering services and after sales services for digital pay-TV broadcast operators and broadband network operators. The Group's sales are conducted through the brand of ADB (www.adbglobal.com), and the trademarks of i-Can, Epicentro and Carbo.

This press release contains forward-looking statements. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements due to various factors, among which:

  • future developments of the world digital TV and broadband markets, in particular the future demand for digital TV and broadband products in the key markets and from key customers served by our Group;
  • pricing pressures, competitive market situation;
  • our and the industry's capability to successfully and timely innovate and develop challenging technology, and our capability to hire and retain high-level employees;
  • changes in the exchange rates between the US$ and the main other operating currencies of the Group, including the Euro, Swiss Franc and the Polish Zloty;
  • our ability in an intensive competitive environment, to continue securing orders from existing or new customers and to achieve our pricing expectations for products for which we have or are currently investing into development;
  • the ability of our suppliers to meet our demands for supplies, qualitatively or quantitatively, and to offer competitive pricing;
  • our gross margin could vary significantly from expectations based on changes in revenue levels, product mix and pricing, changes in unit costs, and the timing and execution of shipments ramp-ups;
  • changes in the economic, tax, social or political environment, including import and other duties, military conflict, terrorist activities, as well as natural events such as severe weather, health risks, epidemics or earthquakes in the countries in which we, our key customers and our suppliers operate;
  • our ability to obtain required licenses on third-party intellectual property on reasonable terms and conditions, the impact of potential claims by third parties involving intellectual property rights relating to our business, and the outcome of potential related litigations;
  • the results of actions by our competitors, including new product offerings and our ability to react thereto.

Advanced Digital Broadcast Holdings SA undertakes no obligation to publicly update or revise any forward-looking statements. Advanced Digital Broadcast Holdings SA reserves the right to amend the information at any time without prior notice.

The information contained in this press release may not be considered as being a substitute for economic, legal, tax or other advice and you are cautioned to base investment decisions or other decisions on the content of this release. You are recommended to consult your investment advisers or other advisers prior to making any decision.

This press release is not an offer of securities for sale or a solicitation to invest in Advanced Digital Broadcast Holdings SA securities. In particular, it is not an offer of securities for sale in the United States of America, its territories and possessions. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Advanced Digital Broadcast Holdings SA does not intend to register its securities in the United States of America.

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