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Major Shareholding Notification • Mar 19, 2002

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Ad-hoc | 19 March 2002 13:39

BOV AG english

BOV AG increases its participation in Intermoves / B.F.K. group Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– BOV AG has increased their participation in Intermoves AG, Paderborn, from 51.0 % to 75.5 % and in B.F.K. Gesellschaft fuer angewandte Wirtschaftsinformatik mbH, Paderborn, from 51.0 % to 73.0 %. The increase in interest share is connected with the performance clause agreed upon in the purchase and capital contribution contract. It was agreed with the previous associates that the increase of capital amounting to Euro 195,000, originally planned to be made by BOV AG as consideration for a contribution of shares with the B.F.K. GmbH will not be performed; that the previous associates will transfer further shares to BOV AG and, in addition to this, a partial repayment of the shares cash purchase proportion will be effected to BOV AG. The restructuring measurements implemented in the fourth quarter 2001 have – in the course of the current business year 2002 – led to a clear improvement of the earnings base of the Intermoves / B.F.K. group. end of ad-hoc-announcement (c)DGAP 19.03.2002 ——————————————————————————– WKN: 549 370; ISIN: DE0005493704; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München , Stuttgart, Hannover 191339 Mär 02