Deutsche Börse: Loewe To Replace AVA In SDAX - AVA Free Float Falls Below 5 Percent/Unscheduled Amendment With Effect From February 28

With effect from February 28, Loewe will be included in the SDAX® index as part of an unscheduled amendment to its composition. The stock will replace AVA, whose free float has fallen to below five percent. AVA therefore no longer meets the requirements for an SDAX listing.

The next review of the equity indices is scheduled for March 3, 2005.