Corporate | 12 June 2002 22:24

MLP AG english

MLP AG dismisses renewed insinuations Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– MLP dismisses the imputations of renewed insinuations concerning irregularities in the financial statements – Börse Online continues to publish false reports Heidelberg, 12th June 2002 – MLP AG categorically rejects the misinterpretations published again by “Börse Online” concerning the company’s accounting practices. “The imputations are completely unfounded. MLP has not reported artificially increased profits. The editors at Börse Online have again drawn the wrong conclusions. The issues raised regarding the booking of advance payments to the consultants as well as the discussion concerning individual items in the annual report completely lack knowledge of the facts”, said Dr. Bernhard Termühlen, CEO and Chairman of MLP AG, this evening. “By raising imputations which each time prove to be unfounded upon detailed inspection, the impression arises that an attempt is being made to cause direct damage to MLP. We will now check any legal action against this magazine.” MLP will issue a more detailed statement on the above tomorrow. Contact: Jutta Funck Tel. +49 (0) 62 21 – 3 08 – 11 30 Fax: +49 (0) 62 21 – 3 08 – 11 31 publicrelations@mlp-ag.com end of message, (c)DGAP 12.06.2002