DGAP-PVR: Joyou AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the

 DGAP-PVR: Joyou AG: Release according to Article 26, Section 1 of the WpHG [the  German Securities Trading Act] with the objective of Europe-wide distribution  Joyou AG   24.01.2014 14:16  Dissemination of a Voting Rights Announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------  Notification of voting rights pursuant to sec. 25 WpHG We received the following notification pursuant to sec. 25 WpHG on January 22, 2014:  1. Listed company: Joyou AG Gasstraße 18, Haus 6 A, 22761 Hamburg, Deutschland  2. Notifier: LIXIL Group Corporation, Tokyo, Japan   3. Triggering event: Falling below threshold  4. Threshold(s) crossed or reached: 50%, 30%, 25%, 20%, 15%, 10% and 5%  5. Date at which the threshold is crossed or reached: 21.01.2014  6. Total amount of voting rights: 0% (equals 0 voting rights) calculated from the following total number of voting rights issued: 23967492  7. Detailed information on the voting rights proportion:  Voting rights proportion based on financial/other instruments pursuant to sec. 25 WpHG: 0% (equals 0 voting rights)  thereof held indirectly: 0% (equals 0 voting rights)  Voting rights pursuant to sec. 21, 22 WpHG: 72.30% (equals 17329629 voting rights)  8. Detailed information on financial/other instruments pursuant to sec. 25 WpHG:  -    24.01.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de  ---------------------------------------------------------------------------   Language:     English Company:      Joyou AG               Gasstraße 18, Haus 6 A               22761 Hamburg               Germany Internet:     www.joyou.de   End of Announcement                             DGAP News-Service   ---------------------------------------------------------------------------