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Baader Bank AG M&A Activity 2008

Feb 14, 2008

4539_rns_2008-02-14_dd5bb11e-2efd-4539-b132-0d8882cba13c.html

M&A Activity

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News Details

Corporate | 14 February 2008 18:18

Baader Wertpapierhandelsbank AG: Baader Wertpapierhandelsbank AG acquires Deutsche Börsenmakler GmbH

Baader Wertpapierhandelsbank AG / Acquisition

Release of a Corporate News, transmitted by DGAP – a company of EquityStory

AG.

The issuer / publisher is solely responsible for the content of this announcement.

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Unterschleissheim (Germany), 14 February 2008

Baader Wertpapierhandelsbank AG, Unterschleissheim, has acquired Deutsche

Börsenmakler GmbH (DBM), Frankfurt with retrospective effect from 1 January

2008. As a result, Baader has advanced to become the leading securities

trading bank for stock exchange trade in Germany. ‘With this strategic

measure, we are significantly developing our portfolio in the attractive

stock exchange trading growth market and driving our diversification

strategy forward as announced’, said Uto Baader, Chairman of the Executive

Board of Baader Wertpapierhandelsbank AG in Unterschleissheim. At the same

time, this acquisition means that existing divisions are being

further developed and strengthened.

DBM is the leading order book specialist in the trading of mutual funds. Its

market share on the Frankfurt Stock Exchange is around 60% in this area,

30% on the Düsseldorf Stock Exchange and 100% on the Berlin Stock Exchange.

Furthermore, DBM is the order book specialist for securitised derivatives

and shares on the Frankfurt Stock Exchange and order book specialist for

bonds on the Düsseldorf Stock Exchange. Another of DBM’s divisions is

agency business for shares with well-known national and international

banks. DBM is also the leading provider of financial portals for bonds and

mutual funds.

As at 31 December 2007, DBM’s equity amounted to around EUR 9.2 million and

net profit for the period 2007 is around EUR 5.4 million. The parties

agreed to maintain confidentiality about the purchase price.

Baader is Germany’s leading securities trading bank, which operates as

order book specialist (formerly stockbroker) on the Berlin, Frankfurt,

Munich and Stuttgart Stock Exchanges. Baader offers additional services in

connection with the core business of stock exchange securities trade. Via

investments in India and in the Gulf Region (Oman), Baader is also pursuing

the strategy of benefiting from the development of these rapidly growing

capital markets, opening up new sources of income outside Germany.

Thomas Spengler

Head of Corporate Communications

Baader Wertpapierhandelsbank AG

Weihenstephaner Strasse 4

85716 Unterschleissheim

Tel: +49 (0) 89 5150 1030

Mobile: +49 (0) 160 7188830

E-mail: [email protected]

http://www.Baaderbank.de

14.02.2008 Financial News transmitted by DGAP

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Language: English

Issuer: Baader Wertpapierhandelsbank AG

          Weihenstephaner Str. 4

          85716 Unterschleissheim

          Deutschland

Phone: +49 (0)89/ 5150-0

Fax: +49 (0)89/ 5150-1111

E-mail: [email protected]

Internet: www.Baaderbank.de

ISIN: DE0005088108

WKN: 508810

Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),

          Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf

End of News DGAP News-Service

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