04.07.2006

Significant profit contribution through IPO of Bauer AG

Announcement consistent with § 15 WpHG (German Securities Trading Act)
Deutsche Beteiligungs AG, WKN 550 810

Significant profit contribution through IPO of Bauer AG•/•Profit after third quarter 2005/2006 not less than 60 million euros

Based on the issuing price of 16.75 euros fixed yesterday evening for the shares of Bauer AG, Deutsche Beteiligungs AG will be realising a sizeable profit.

Based on a consolidated profit of 29.1 million euros recorded up to the second quarter ended 30 April 2006, current capital market conditions and the profit contribution from the IPO of Bauer AG, the Board of Management of Deutsche Beteiligungs AG expects that the cumulated consolidated profit at the end of the third quarter (31 July) will not be less than 60 million euros. That result would top the profit of 41.3 million euros achieved for the full previous financial year by some 50 percent. Correspondingly, the net asset value will rise to at least 17.55 euros at 31 July 2006.


The Board of Management
Frankfurt am Main, 4 July 2006