Ad-hoc | 24 May 2004 07:47

Lufthansa decides on capital increase

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Lufthansa decides on capital increase Not for Distribution in the United States of America, Canada, Japan or Australia Ad-hoc-Release pursuant to § 15 of the German Securities Trading Act (Wertpapierhandelsgesetz) The Executive Board of Deutsche Lufthansa AG, with the approval of the Supervisory Board, has decided to increase the Company’s registered share capital from authorized capital with shareholder subscription rights. 76,320,000 new shares will be subscribed by the members of an underwriting syndicate led by Dresdner Kleinwort Wasserstein and Morgan Stanley at a subscription price of at least EUR9.85 per share in line with market practice, with the obligation to offer the new shares to the existing shareholders of Deutsche Lufthansa AG at a subscription ratio of 5:1. The final subscription price is expected to be announced on 1 June 2004. The subscription period is expected to run from 3 June to 16 June 2004, and stock exchange trading in the subscription rights is expected to be established during the period from 3 June to 14 June 2004. The new shares will entitle their holders to full dividend rights for the fiscal year 2004. A German sales prospectus for the new shares is expected to be published on 2 June 2004 and will be available from the underwriters and from all German stock exchanges. Deutsche Lufthansa AG Investor Relations Ulrike Schlosser, Telephone +49 69 696-90997, Fax +49 69 696-90990, Email: investor.relations@dlh.de The information contained in this document is not for publication or distribution in the United States, Canada, Japan or Australia. This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares and the rights referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration under the Securities Act or an available exemption from such registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer and will contain detailed information about the company and management, as well as financial statements. Diese Mitteilung stellt kein Angebot zum Kauf von Aktien oder anderen Wertpapieren der Deutsche Lufthansa AG dar und ersetzt nicht den Verkaufsprospekt, der voraussichtlich am 2. Juni 2004 bei den Konsortialbanken und allen deutschen Wertpapierbörsen erhältlich sein wird. end of ad-hoc-announcement (c)DGAP 24.05.2004 ——————————————————————————– WKN: 823212; ISIN: DE0008232125; Index: DAX Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; Eurex 240747 Mai 04