Ad-hoc | 9 May 2005 15:35

Deutsche Börse AG: Changes to the Boards of Deutsche Börse AG

Ad hoc announcement §15 WpHG Personal Deutsche Börse AG: Changes to the Boards of Deutsche Börse AG Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— In its meeting on 9 May 2005, the Supervisory Board of Deutsche Börse AG has mandated the Company’s Chairman, Dr. Rolf-E. Breuer, to change the composition of the Supervisory and Executive Boards in order to reflect the new ownership structure of the Company. As a result, three members of the Supervisory Board will resign. Breuer will seek to replace these Board members in a timely fashion, as well as Lord Levene who resigned on April 25. In doing so Breuer will consult closely with Deutsche Börse shareholders. In addition, the Chief Executive Officer of Deutsche Börse, Dr. Werner G. Seifert, will be leaving the Company immediately. Breuer has been asked to identify a successor for Seifert and to present this person for appointment by the Supervisory Board. Seifert’s successor shall be recruited from outside the Company. Until an appointment occurs, Chief Financial Officer Mathias Hlubek will be coordinating the Executive Board. By the end of this year, Breuer will resign from the Supervisory Board and hand over his responsibilities to a successor. Commenting on the announcement, Breuer said: “The decisions to change to the Supervisory and Executive Boards we are announcing today were taken after extensive consultation with shareholders of the Company. In the interest of the Company we want to put an end to the recent debate with some of our shareholders. Accordingly, we urge all shareholders to vote as recommended by the Supervisory and Executive Boards in the upcoming AGM on 25 May 2005.” 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 09.05.2005 091535 Mai 05