Ad-hoc | 17 November 2005 11:49

METRO AG: Offer terms for Praktiker IPO changed

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Düsseldorf, 17 November 2005 – Praktiker Bau- und Heimwerkermärkte Holding AG, the selling shareholder METRO AG and the syndicate banks have revised the terms of the offering for the IPO of Praktiker Bau- und Heimwerkermärkte Holding AG as follows: The price range within which the offered shares may be subscribed has been changed to EUR 14.00 to EUR 15.00 per share. Consequently, the offering period has been extended and ends now on 21 November 2005 at 12:00 p.m. (CET) for private investors, and at 3:00 p.m. (CET) for institutional investors. Due to the aforementioned amendments, the other dates within the time schedule have been changed accordingly. The date for the first day of listing is now 22 November 2005 and the date of the delivery of the shares against payment is now 24 November 2005. METRO AG Schlüterstr. 1 40235 Düsseldorf Deutschland ISIN: DE 000 725 750 3 (DAX); DE 000 725 753 7 (DAX) WKN: 725 750; 725 753 Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Duesseldorf End of ad hoc announcement (c)DGAP 17.11.2005 Issuer’s information/explanatory remarks concerning this ad hoc announcement: Stocks of Germany’s second largest home improvement and DIY chain (according to revenue) are intended for trading on the Prime Standard of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse FWB) starting 18 November with the index PRA and ISIN (International Securities Identification Number) DE000A0F6MD5. Currently, METRO AG is single shareholder of Praktiker and will remain the largest shareholder of Praktiker Bau- und Heimwerkermärkte Holding AG after stock issue. The selling shareholder METRO AG has committed itself to hold on to its remaining shares for a total of six moths beginning on the first day of listing (lock-up). This publication constitutes neither an offer to sell nor a solicitation to buy securities. Any offer will be made solely by means of, and on the basis of the securities prospectus published and registered with the German Federal Financial Supervisory Authority (BaFin). The securities prospectus is available free of charge from the Admissions Office of the Frankfurt Stock Exchange, from Praktiker Bau- und Heimwerkermärkte Holding AG and the syndicate banks as well as download at www.praktiker.de. Not for release in the United States, Canada and Japan. These materials do not constitute an offer of securities for sale in the United States. In case of an offer, the aforementioned securities may only be sold or offered for sale in the United States of America with prior registration in accordance with U.S. Securities Act of 1933 as amended (the “Securities Act”) except pursuant to an exemption from the registration requirements of the Securities Act. Neither Praktiker Bau- und Heimwerkermärkte Holding AG nor any shareholders bent on realization of their stock intend to register an offer or parts of it in the United States or to make a public offer of securities in the United States. End of message (c)DGAP