Baader Bank AG — M&A Activity 2004

Nov 23, 2004

News Details

Ad-hoc | 23 November 2004 18:44

Baader Wertpapierhandelsbank AG sells non-strategic investments

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader Wertpapierhandelsbank AG sells non-strategic investments Unterschleissheim, November 23, 2004 Baader Wertpapierhandelsbank AG sells non-strategic investments in five companies to a financial investor. In fiscal year 2001 the executive board decided to give up the private equity business. With this sale the consistant conversion of the strategic direction is further continued. The amount of the purchase price will not be disclosed. The transaction as a whole is subject to conditions. The executive board is confident, that these conditions will be met at short notice. The Executive Board ************************* Published by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Weihenstephaner Str. 4 85716 Unterschleissheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-2424 Nico.Baader@Baaderbank.de http://www.Baaderbank.de end of ad-hoc-announcement (c)DGAP 23.11.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Baader Wertpapierhandelsbank AG, Germany’s leading securities trading house, will continue to concentrate on expanding its core competency of securities trading and capital market services and will also continue to play an active role in the consolidation process within the sector. ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), München und Stuttgart; Freiverkehr in Düsseldorf, Hamburg und Hannover 231844 Nov 04