Ad-hoc | 19 June 2002 08:29

Mühlbauer Holding english

Present price level an opportune moment for the repurchase of own shares Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Present price level an opportune moment for the repurchase of own shares Roding, June 19, 2002 – Also in the year 2002 Muehlbauer Holding AG & Co. KGaA, worldwide leader of turnkey solutions for the production of smart cards and smart labels, plans the repurchase of own shares. The annual general meeting decision of April 26, 2002 lifted the decision from 2001, what was still valid at that time, and authorized the personally liable shareholder, as a representative of the company, to purchase shares up to a volume of ten per cent of the total share capital or 627,920 shares. Further the authorization can be exercised in partial amounts, once or several times. The validity extends from the annual general meeting on April 26, 2002 until September 30, 2003. The strategic advantage mainly lies in the high flexibility of being able to react immediately to changing situations in markets and competition. The currently low price level marks an opportune moment for the repurchase of own shares and thereby generates advantages for both the company and its stock- holders. At the same time Muehlbauer Holding AG & Co. KGaA is expecting an increasing public attention by the admission to the Nemax 50 index on June 24, 2002. With the decision of the annual general meeting, the purchase price per share must not exceed the price determined in the opening auction of XETRA trading of the Deutsche Börse AG or of successor system taking place of the XETRA system by more than 5 percent and it must not be more than 25 percent below it. The purchase of own shares does not include traffic in own shares. On the other hand the shares can be sold to the bearer of subscription rights in the framework of a stock option program. In addition, employees and/or members of the board of management of the company or of an allied company may be offered purchased shares. The planned repurchase would also permit the company to have shares of its own in return for the acquisition of enterprises or participations in enterprises at the disposal. For further information or queries the investor relations department is of course at your disposal: Armin Polster, Tel.: +49(9461) 952-653, Fax: +49(9461) 952-8520, E-Mail: armin.polster@muehlbauer.de , Mühlbauer Holding AG & Co. KGaA, Werner-von-Siemens-Str. 3, D-93462 Roding, http://www.muehlbauer.de end of ad-hoc-announcement (c)DGAP 19.06.2002 ——————————————————————————– WKN: 662720; ISIN: DE0006627201; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 190829 Jun 02