Ad-hoc | 22 January 2003 19:16

Baader Wp.handelsbank AG english

Baader acquires Gebhard & Schuster’s specialist business Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader acquires Gebhard & Schuster`s specialist business Unterschleißheim, February 22, 2003 Baader Wertpapierhandelsbank AG, Unterschleißheim, has acquired Gebhard & Schuster Wertpapierhandelshaus AG, Gräfelfing, a second-tier subsidiary of Gebhard & Schuster Wertpapierhandelsbank AG, with retroactive effect from January 1, 2003. The company is currently responsible for fixing the prices of around 400 securities, with a particular focus on German shares listed on the Munich and Berlin Stock Exchanges. The parties have agreed not to disclose the purchase price. The Executive Board end of ad-hoc-announcement (c)DGAP 22.01.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Notes: With this acquisition, Baader Wertpapierhandelsbank AG, Germany`s leading securities trading house, is significantly expanding its product portfolio in the area of German shares to more than 700 order books. In total, Baader Wertpapierhandelsbank AG manages over 10,700 order books on the Berlin, Frankfurt, Munich and Stuttgart Stock Exchanges. The merger of Gebhard & Schuster Wertpapierhandelshaus AG and Baader Wertpapierhandelsbank AG is scheduled to take place in the course of this year. ************************* Issued by: Baader Wertpapierhandelsbank AG Contact: Nico Baader Weihenstephaner Str. 4 85716 Unterschleißheim Germany Tel. +49 (0)89/ 5150-1030 Fax +49 (0)89/ 5150-2424 Nico.Baader@Baaderbank.de www.Baaderbank.de ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Markt in Frankfurt (SMAX), Berlin, München, Stuttgart, Freiverkehr in Bremen, Düsseldorf, Hamburg, Hannover 221916 Jän 03