Ad-hoc | 1 October 2002 18:58

Baader Wp.handelsbank AG english

Baader to close Prague subsidiary Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader to close Prague subsidiary Unterschleißheim, October 1, 2002 The Executive Board of Baader Wertpapierhandelsbank AG has decided, with the approval of the Supervisory Board, to shut down its Czech subsidiary Baader Securities, a.s., based in Prague, at the end of the year. In taking this step, Baader Wertpapierhandelsbank AG is focusing on driving forward the process of concentrating on its core competencies of securities trading, agency business and support for IPOs. The Executive Board ************************* Issued by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Weihenstephaner Straße 4 85716 Unterschleißheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-1111 Nico.Baader@Baaderbank.de http://www.Baaderbank.de end of ad-hoc-announcement (c)DGAP 01.10.2002 ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Markt in Frankfurt (SMAX), Berlin, München, Stuttgart, Freiverkehr in Bremen, Düsseldorf, Hamburg, Hannover 011858 Okt 02