Corporate | 15 March 2005 10:26

GRENKELEASING places additional Euro Bond

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. —————————————————————————— Baden-Baden, March 15, 2005: on March 11, 2005, GRENKELEASING placed a five- year, floating-rate bond for EUR 100 million with institutional investors. The bond will be listed on the Luxembourg Exchange and on the Frankfurt kerb market. It was arranged by HSBC and WestLB as Joint Bookrunner. The financial borrowing is part of the existing Debt Issuance Programme for EUR 500 million which has been in place since October 2003 and serves to refinance existing liabilities. The rating agency Standard & Poor’s gives the company a credit rating of BBB+. A few words about GRENKELEASING AG The company has operations in 13 European countries. GRENKELEASING is represented in 20 cities throughout Germany. In addition to its five French branch offices, it has one subsidiary each in Switzerland, Austria, Italy, the Czech Republic, Spain, the Netherlands, Denmark, Sweden and Ireland. A franchise system gives GRENKELEASING a presence in the UK and Poland. GRENKELEASING is the German and Swiss market leader in small-ticket IT leasing, i.e. for products such as PC’s, notebooks, copiers, printers, or software having relatively small transaction values. GRENKELEASING AG is listed in the Prime Standard segment of the German stock exchange in Frankfurt and has a listing on the SDAX (small-cap) index. Information on the company and its products is available on the Internet under http://www.grenkeleasing.de. Press Officer GRENKELEASING AG, Neuer Markt 2, 76532 Baden-Baden Renate Hauss Tel: 07221/5007-204 Fax: 07221/5007-112 E mail: investor@grenkeleasing.de end of message, (c)DGAP 15.03.2005 —————————————————————————— WKN: 586590; ISIN: DE0005865901; Index: SDAX Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 151026 Mär 05