eyde AG english
Ad-hoc announcement sent by DGAP. The sender is solely responsible
for the contents of this announcement.
(Bad Nauheim, March 2, 2001) The German Savings Banks'
Organisation has acquired 90 per cent of the shares in the interent
broker pulsiv AG trough a holding company ("MWW siebenundvierzigste
Vermögensverwaltungs GmbH") specifically established for that
purpose. The former shareholders in pulsiv AG were HSBC Trinkaus &
Burkhardt KGaA (70 per cent), Lang & Schwarz Wertpapierhandel AG
(10 per cent), Heyde AG (10 per cent) and HUK-COBURG Holding GmbH
(10 per cent). HSBC Trinkaus & Burkhardt KGaA continues to be a
shareholder in pulsiv AG with an interest of 10 per cent in the share
capital. However, the purchaser has a call option on this 10 per cent
interest. The Purchase Agreement is subject to the approval of the anti
trust regulators. For further information please contact: Dr. Joachim
Fleing Investor Relations Tel: (0 60 32) 308-0; Fax: (0 60 32) 308-2013
E-Mail: boerse@heyde.de