Baader Bank AG — M&A Activity 2008

Jan 20, 2008

News Details

Corporate | 20 January 2008 13:00

Baader Wertpapierhandelsbank AG: Baader launches operations in the Gulf Region

Baader Wertpapierhandelsbank AG / Miscellaneous

Announcement, transmitted by DGAP – a company of EquityStory AG.

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

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Unterschleissheim/Muscat, 20 January 2008

Baader Wertpapierhandelsbank AG, in Unterschleissheim, is launching

operations in Oman. The joint venture Gulf Baader Capital Markets S.A.O.C.

(GBCM), Muscat, founded by Baader together with two partnership enterprises

in Muscat, Oman, commences operations today. ‘Through our commitment, we

aim to profit from the dynamics of the capital markets in the Gulf States’,

commented Uto Baader, Chairman of the Board of Directors of Baader

Wertpapierhandelsbank AG and Vice Chairman of the Administrative Board of

the financial service provider GBCM, on the occasion of the joint venture’s

ceremonial start in Muscat.

For Baader, this sets the foundations for additional growth outside of

Germany on an even larger scale. Uto Baader emphasises that GBCM’s

activities are to be expanded step by step to other countries in the region

with Oman as the centre. ‘The significance of our site in Muscat has the

function of a foothold’, he says.

In addition to Baader Wertpapierhandelsbank (24.9%), the companies Gulf

Investment Services Co. S.A.O.G. (70%) and Silver Circle LLC

(5.1%), both in Muscat, make up the members of the joint venture. Gulf

Investment Services, one of the leading investment banks in the Sultanate

of Oman, is contributing its core business areas, consisting of brokerage,

asset management and corporate finance, to the joint venture. Uto Baader

states ‘this means that we are not starting from scratch – quite the

opposite. The number one in Oman and the number one in Germany are

consolidating their expertise’.

In 2007, Germany’s leading securities trading bank, Baader

Wertpapierhandelsbank AG, acquired an interest of 24.9% in the GBCM.

Alongside Uto Baader, Christoph Schütz, member of the Baader

Wertpapierhandelsbank Board of Directors, is also a member of the GBCM

Administrative Board.

Contact:

Thomas Spengler

Head of Corporate Communications

Baader Wertpapierhandelsbank AG

Weihenstephaner Strasse 4

85716 Unterschleissheim

Phone: +49 (0) 89 5150 1030

Mobile: +49 (0) 160 7188830

E-mail: Thomas.Spengler@Baaderbank.de

http://www.Baaderbank.de

20.01.2008 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: Info@Baaderbank.de

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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