SLEEPZ AG — M&A Activity 2000

Aug 7, 2000

News Details

Ad-hoc | 7 August 2000 16:32

Ad hoc-Service: bmp AG 77th investment: workX

Ad-hoc Mitteilung übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich. —————————————————————————— AD-HOC REPORT Berlin, 7 August 2000 bmp AG takes stake in Business-to-Business purchasing agency workXL AG Berlin, 7 August 2000 – SDAX-listed bmp AG has taken a 30% stake in workXL AG (www.workxl.de), founded this June in Berlin. workXL AG will shortly start its Business-to-Business Internet purchasing services for small and medium-sized companies. Their aim is to efficiently streamline the purchasing of business support services, office supplies and IT products. Users can directly access a range of high-quality regional and national suppliers, and request quotes via workXL. Furthermore, workXL is the first to organize purchasing communities for wide-ranging services, leading to susbstantially cheaper prices. Extensive support is provided in the shape of topic-relevant information and workXL’s own purchasing specialists. The capital influx ensuing from bmp’s stake in workXL AG will mainly be invested to finance the extension of the range of services on offer and the launch to market. bmp hopes to use this stake to strengthen its B2B activities and produce more synergistic effects with its existing investments. workXL AG is bmp AG’s 77th investment project. bmp AG began its venture capital operations in Germany, other European countries and the USA in 1997. Since its establishment, the company has invested around EUR 95 million in venture start-ups. Contact: Alexander Faust Investor Relations Manager Charlottenstr. 16 10117 Berlin Germany Phone: +49-30-20 30 50 Fax: +49-30-20 30 55 55 Email: afaust@bmp.com http://www.bmp.com German Stock Id: 523 540 Outstanding shares: 48.8 million individual shares Indices: SDAX/SMAX/CDAX Ende der Mitteilung