Ad-hoc | 16 June 2004 14:24

Baader acquires Heribert Schollmeyer Wertpapierhandels GmbH

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Baader acquires Heribert Schollmeyer Wertpapierhandels GmbH Unterschleissheim, June 16, 2004 Baader Wertpapierhandelsbank AG, Unterschleissheim, has acquired Heribert Schollmeyer Wertpapierhandels GmbH, Frankfurt, with effect from January 1, 2004. The Company currently manages 37 order books for foreign stocks and 3 Exchange Traded Funds (ETF) on the Frankfurt Stock Exchange. Among these acquired order books are for instance Nestle, ABB, Alcatel, Credit Suisse or Fiat. The parties have agreed not to disclose the purchase price. end of ad-hoc-announcement (c)DGAP 16.06.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: With this acquisition, Baader Wertpapierhandelsbank AG, Germany’s leading securities trading house, is expanding its portfolio in the area of specialist activities on the Frankfurt Stock Exchange, thus driving ahead with its strategy of diversification within its core competency of securities trading. Baader Wertpapierhandelsbank AG will also continue to play an active role in the consolidation process within the sector. The Executive Board ************************* Published 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 http://www.Baaderbank.de ——————————————————————————– WKN: 508810; ISIN: DE0005088108; Index: SDAX Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), München und Stuttgart; Freiverkehr in Düsseldorf, Hamburg und Hannover 161424 Jun 04