Ad-hoc | 5 July 2002 12:25
Deutsche Lufthansa AG
english
Lufthansa Cargo sells its stake in DHL to Deutsche Post World Net
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
——————————————————————————–
Lufthansa Cargo AG is selling its 25 per cent stake in the DHL International
delivery service to Deutsche Post World Net. The agreement has been approved by
the Supervisory Board of Lufthansa AG. On conclusion of the contract and
following approval by the cartel authorities, the shares will be transferred to
Deutsche Post World Net. The purchase price is 550 million euros, plus a
deferred payment of 60 million euros under a debtor-warrant agreement. Lufthansa
will accumulate book profits of about 400 million euros in the current
financial year from the sale of its minority shareholding in DHL.
Deutsche Lufthansa AG, Investor Relations
Ulrike Schlosser, Telephone: + 49 69 696 6470 or 90997,
Fax: +49 69 696 90990
Email: investor.relations@dlh.de
July 05 2002
end of ad-hoc-announcement (c)DGAP 05.07.2002
——————————————————————————–
WKN: 823212; ISIN: DE0008232125; Index: DAX
Listed: Amtlicher Markt in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg,
Hannover, München und Stuttgart; Eurex
051225 Jul 02