Ad-hoc | 13 December 2006 14:13

Baader Wertpapierhandelsbank AG increases stake in Parsoli Corporation Ltd.

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Unterschleissheim, 13th December 2006 According the press release of June 9, 2006, the Baader Wertpapierhandelsbank AG, Unterschleissheim, has increased today its stake in the Parsoli Corporation Ltd. in Bombay, India, from 9.08 % to 24.9 %. The Executive Board ————————————————————————— Information and Explaination of the Issuer to this News: Notes: Parsoli Corporation Ltd. in Bombay, India, has approval from the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) as a finanical service provider and is a member of the National Stock Exchange of India, its associated derivates exchange and of the Bombay Stock Exchange. BAADER Wertpapierhandelsbank AG regards this as an opportunity of expanding in a growth market on an international basis in line with its core business areas, thus laying the foundation for further growth outside Germany. 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 www.Baaderbank.de (c)DGAP 13.12.2006 ————————————————————————— Language: English Issuer: Baader Wertpapierhandelsbank AG Weihenstephaner Str. 4 85716 Unterschleissheim Deutschland Phone: +49 (0)89/ 5150-0 Fax: +49 (0)89/ 5150-1111 E-mail: Info@Baaderbank.de WWW: www.Baaderbank.de ISIN: DE0005088108 WKN: 508810 Indices: Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Stuttgart, München; Freiverkehr in Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————