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Legal Proceedings Report • Jun 21, 2005

News Details

Ad-hoc | 21 June 2005 15:07

ARQUES takes over 74,9% of Golf House Direktversand GmbH from KarstadtQuelle

Ad hoc announcement §15 WpHG Mergers & Acquisitions ARQUES takes over 74,9% of Golf House Direktversand GmbH from KarstadtQuelle Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— ARQUES Industries AG takes over 74,9% of Golf House Direktversand GmbH from KarstadtQuelle Starnberg, June 21, 2005 – The holding company ARQUES Industries AG (ISIN DE0005156004), based in Starnberg, Germany acquired a 74.9% share in Golf House Direktversand GmbH, Hamburg, from the KarstadtQuelle group with immediate effect. The remaining shares are held by Mr. Manfred Baumann. With 20 branches and a mail-order business Golf House is the leading German specialist outlet for golfing products. In the financial year 2004 Golf House had a staff compliment of approx. 175 and a net turnover of approximately EUR23 million. Golf House will be included in its ARQUES financial reports as of the beginning of the 3rd quarter 2005 (1 July 2005). Contact: ARQUES Industries AG Investor Relations Anke Lüdemann Tel.: +49 (0) 8151-651 0 Email: luedemann@arques.de ARQUES Industries AG Münchner Str. 15a 82319 Starnberg Deutschland ISIN: DE0005156004 WKN: 515600 Listed: Freiverkehr in Berlin-Bremen, Frankfurt, München und Stuttgart End of ad hoc announcement (c)DGAP 21.06.2005 211507 Jun 05