Supervisory Board Of Deutsche Boerse Approves IPO

On Monday March 27, the Supervisory Board of Deutsche Boerse gave its binding approval for the company's planned initial public offering. The IPO is to take place during the first half of 2000. On May 4, the general meeting of shareholders will decide on the capital increase pending within the framework of the IPO. The transformation into Euroboard will open up Deutsche Boerse further for the major international market participants. At the same time, Euroboard will expand the existing business and develop new business activities in e-commerce.