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Merger: takeover of the assets and liabilities of NagraCard S.A., in Cheseaux-sur-Lausanne (CH-550.0.095.594-3) … Shaba3 Jun 2009 Swiss Official Gazette of Commerce Archive, Switzerland

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No 108 Dienstag, 9 June 2009 127. Jahrgang - Nagravision S.A., C h e e u x - L u u n n e , CH- 550-0062670-0, development, manufacturing, integration and sale of communication systems (FOSC of March 31, 2009, p. 19/4951732). Merger: takeover of NagraCard S.A.'s assets and liabilities, in Cheseaux-sur-Lausanne (CH-550-0095594-3), under the merger contract of the and balance sheet at the 16th, with assets of CHF 236,343,825, liabilities to third parties of CHF 243,119,521, or an excess of liabilities of CHF 6,775,696. In accordance with the certification of a certified reviewer, claims of at least the amount equivalent to the overdraft and over-indebtedness of the taking-in company and the transfering company were posted. As the total share capital of the two companies is held by the same shareholder, the merger does not result in an increase in capital or an allocation of shares. Merger: takeover of Nagra Trading's assets and liabilities SA, in Cheseaux-sur-Lausanne (CH-550-1047788-2), according to the merger contract of the and balance sheet at the 16th century, with assets of CHF 59,990,545, liabilities to third parties of CHF 51,555,579, representing net assets of CHF 8,434,966. In accordance with the certification of a certified reviewer, claims of at least the amount equivalent to the overdraft and over-indebtedness of the taking over the company were post-deposited. As the taking company holds all the shares of the transferring company, the merger does not result in an increase in capital or an allocation of shares. Daily Register 8456 of 3 June 2009 (05057496 / CH-550.0.062.670-0)

This filing was translated from French to English. The filing refers to a past date, and does not necessarily reflect the current state. The current state is available on the following page: Nagravision Sàrl, Cheseaux-sur-Lausanne, Switzerland.

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