24.01.2005

Deutsche Beteiligungs AG – Dividends of 0.33 euros per share recommended

Notice according to § 15 WpHG (German Securities Trading Act)
Deutsche Beteiligungs AG

Consolidated profit 2003/2004 at 18.2 million euros


Deutsche Beteiligungs AG, Frankfurt am Main, recorded a significant earnings improvement in the 2003/2004 financial year (ended 31 October). Consolidated net income, totalling 18.2 million euros, was substantially above previous year's net income of 3.1 million euros.

Today the Supervisory Board and the Board of Management have decided to recommend to the annual general meeting a dividend payment of 0.33 euros per share. No dividend was paid the previous year.

The Company will present its consolidated financial statements for the financial year 2003/2004 on 31 January 2005, on the occasion of its annual press conference.


Frankfurt am Main, 24 January 2005


The Board of Management