Ad-hoc | 7 February 2005 16:04

PSI AG Decides to Increase Capital from Approved Capital

Ad hoc announcement §15 WpHG Capital Increase PSI AG Decides to Increase Capital from Approved Capital Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— PSI AG Decides to Increase Capital from Approved Capital Financing for purchase of minority shares in PSI-BT The Executive Board of PSI AG voted on 7 February 2005 to an increase in capital from approved capital by 1.1 million shares of stock at an emission price of EUR 3.50. The consent of the Supervisory Board to this capital increase was given by means of circular resolution. The new shares of stock have been placed with renowned investors from Germany and Switzerland. The flow of funding will serve to finance the takeover reported in December 2004 of the minority holding of the VDEh steel institute on the steel software subsidiary PSI-BT. Beyond that this step is to strengthen the position of PSI as the third biggest German software producer and prepare for further expansion. By emitting 1.1 million new bearer share certificates, the company’s capital stock will be increased by EUR 2,816,000 from EUR 28,192,947 to EUR 31,008,947. The company will receive EUR 3.850.000. Contact person: PSI AG Karsten Pierschke Communications and Investor Relations Tel. +49 30 2801-2727 Fax +49 30 2801-1000 eMail: KPierschke@psi.de PSI Aktiengesellschaft Dircksenstraße 42-44 10178 Berlin Germany ISIN: DE0006968225 WKN: 696822 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart End of ad hoc announcement (c)DGAP 07.02.2005 071604 Feb 05