1&1 AG — Share Issue/Capital Change 2005

Jul 1, 2005

News Details

Ad-hoc | 1 July 2005 17:29

Drillisch AG Decides to Retire up to 653,904 Shares of Treasury Stock…

Ad hoc announcement §15 WpHG Share-by-back Drillisch AG Decides to Retire up to 653,904 Shares of Treasury Stock… Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Drillisch AG Wilhelm-Röntgen-Straße 1-5, 63477 Maintal WKN 554550 ISIN DE 0005545503 Frankfurter Stock Exchange, Regulated Market (Prime Standard) Ad Hoc Announcement IAW § 15 WpHG Drillisch AG Decides to Retire up to 653,904 Shares of Treasury Stock without a Capital Reduction The resolution of the annual shareholder’s meeting of 27 May 2005 pursuant to Article 71, Section 1, No. 8 of the German Stock Corporation Law (AktG) empowers Drillisch AG, listed on the regulated market in Frankfurt am Main (Prime Standard segment), to acquire treasury stock in an amount totaling 10% of the subscribed capital of EUR 34,951,036.00 by 26 November 2006. The Drillisch AG executive board decided at 11:30 AM on 1 July 2005 to make use of this authorization to purchase treasury stock described above with an eye toward up to 2% of the subscribed capital of EUR 34,951,036.00, i.e. up to 653,904 shares. The stock is to be purchased on the securities exchange. Furthermore, the executive board decided that of these shares, up to 195,240 are to be acquired for the purpose of being retired and that these, for the purpose of retiring the shares to be acquired – subject to the condition of their material acquisition – be retired without a capital reduction in accordance with Article 71, Section 1, No. 8 and Article 237, Section 1, Sentence 1 and Section 3, No. 3 of the AktG. The supervisory board of Drillisch AG approved the executive board’s resolutions at 12:40 PM on 1 July 2005. Through the retirement of up to 195,240 individual share certificates, the value of the remaining stock relative to Drillisch AG’s share capital will increase accordingly. Maintal, 1 July 2005 Drillisch AG The Executive Board Drillisch AG Wilhelm-Röntgen-Straße 1-5 63477 Maintal Deutschland ISIN: DE0005545503 WKN: 554550 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, München und Stuttgart End of ad hoc announcement (c)DGAP 01.07.2005 011729 Jul 05