Deutsche Post AG

Share Issue/Capital Change • Jun 19, 2004

News Details

Ad-hoc | 19 June 2004 12:31

Postbank IPO will take place

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ Postbank IPO will take place -Listing envisaged for next Wednesday -Transaction structure modified -Expected proceeds of at least EUR 2.6 billion Bonn, June 19th 2004. Deutsche Post AG is going to execute the IPO of Postbank by means of an innovative transaction structure. The listing of Postbank shares is planned for Wednesday, June 23rd. With this, Deutsche Post can reach all its strategic objectives and receive proceeds of at least EUR 2.6 billion including greenshoes. Two thirds of still 82 million shares will be offered publicly within a price range of EUR 28 to 32, equalling proceeds of EUR 1.53 up to 1.74 billion. Furthermore, an exchangeable bond of Deutsche Post amounting to EUR 1 billion will be issued with the remaining one third of Postbank shares as an underlying. The exchangeable bond of Deutsche Post will have a maturity of three years. In total, Deutsche Post is expecting a cash inflow of at least EUR 2.6 billion from this transaction. The bookbuilding period for this modified offering will end on Tuesday, June 22nd (12.00h for retail investors, 16.00h for institutional investors). The prolonged bookbuilding period and the new price range for the public offering are also valid for retail investors and employees of Deutsche Post Group entitled to participate. These written materials are not an offer for the sale of securities in the United States, Germany or any other jurisdiction. The shares 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. Neither Deutsche Postbank AG nor any selling shareholder intends to register any portion of the offering in the United States or to conduct a public offering of shares of Deutsche Postbank AG in the United States. This announcement is only being distributed to and is only directed only at (i) persons who are outside the United Kingdom or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (the “Order”) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). The securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. In no event should persons other than relevant persons act or rely on this communication or any of its contents. Stabilization/FSA. end of ad-hoc-announcement (c)DGAP 19.06.2004 ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ WKN: 555200; ISIN: DE0005552004; Index: DAX Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; EUREX 191231 Jun 04