Ad-hoc | 19 June 2002 12:45

Deutsche Post AG english

Deutsche Post World Net to appeal against EU decision and to charge provisions Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Bonn, 19 June 2002 Deutsche Post World Net to appeal against EU decision and to charge provisions Deutsche Post World Net today was informed of the decision of the EU-Commission on the state aid case against the Federal Republic of Germany (C-61/99 Deutsche Post). The commission decided to impose an obligation on the Federal Republic of Germany to demand from Deutsche Post World Net a repayment of unlawful state aid – according to the EU-Commission – in the amount of c. Euro 570 million. Deutsche Post World Net will file legal proceedings against this decision with the court of first instance as Deutsche Post World Net reiterates its stance that there is no state aid and points out that there are also procedural errors in the decision. Within the next two months the German Government has to decide on the modus of repayment. DPWN will provision for a one-off effect of c. Euro 850 million (Euro 570 million for the years 1994 to 1998 plus accrued interest) in its accounts. end of ad-hoc-announcement (c)DGAP 19.06.2002 ——————————————————————————– WKN: 555 200; ISIN: DE0005552004; Index: DAX Listed: Amtlicher Handel in Frankfurt, Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart; EUREX 191245 Jun 02