Deutsche Beteiligungs AG – IPO of Homag Group AG upcoming

Announcement consistent with § 15 WpHG (German Securities Trading Act)
Deutsche Beteiligungs AG • WKN 550 810 / ISIN DE000558105

Considerable effects on asset, finance and earnings position

Deutsche Beteiligungs AG, together with Homag Group AG and its other shareholders, has announced joint plans for Homag's flotation. The respective banks will be charged with the preparations for the initial public offering shortly. Homag Group AG's listing on the stock exchange would have considerable effects on the asset, finance and earnings position of Deutsche Beteiligungs AG. How high the actual gains from the IPO will be and when Deutsche Beteiligungs AG will be able to record them depend on the progress of the plans for the IPO and the capital market trend.

The investment in Homag Group AG is the largest in the portfolio of Deutsche Beteiligungs AG, measured both by historical cost as well as IFRS value. Deutsche Beteiligungs AG owns a 30.7 share in Homag Group AG; another 29.7 percent are held by private equity funds managed by Deutsche Beteiligungs AG.

Frankfurt am Main, 26 April 2007

The Board of Management