Ad-hoc | 6 March 2005 21:14

Deutsche Börse withdraws proposed pre-conditional cash offer

Ad hoc announcement §15 WpHG Mergers & Acquisitions Deutsche Börse withdraws proposed pre-conditional cash offer Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Deutsche Börse AG (Deutsche Börse) announces that it is withdrawing its proposed pre-conditional cash offer of no less than 530 pence for each ordinary share of the London Stock Exchange plc (London Stock Exchange) announced on 27 January 2005 (the Proposal). Deutsche Börse has taken this decision as a result of the Board of the London Stock Exchange not recommending the Proposal and after discussions Deutsche Börse’s management has held with shareholders of Deutsche Börse since the announcement of the contemplated transaction on January 27. Deutsche Börse reserves the right to make an offer if Euronext or another third party announces an offer for the London Stock Exchange or in such other circumstances as are permitted by the UK Takeover Code. Deutsche Börse will develop a plan in consultation with its shareholders for a significant distribution of funds to shareholders in addition to the suggested dividend for the year 2004. Deutsche Börse AG Neue Börsenstraße 1 60487 Frankfurt am Main Deutschland ISIN: DE0005810055 (DAX) WKN: 581005 Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 06.03.2005 062114 Mär 05