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Supervisory Board Of Deutsche Börse Approves entory Takeover

Date 10/12/2001

On Monday, the Supervisory Board of Deutsche Börse AG approved the planned takeover of entory AG, Karlsbad, by Deutsche Börse. On November 30, Deutsche Börse had announced that it wanted to combine the business activities of its subsidiary Deutsche Börse Systems and entory and therefore wants to take over the shares in the IT service provider. The combination of the two companies will create one of the biggest German IT providers of integrated solutions for the financial services industry.

A private offer is being tendered for the entory shares until December 14. The Executive Board and principal shareholders of entory, who together hold the majority of shares, have agreed to the transfer of their shares to Deutsche Börse. The planned transaction is subject to an acceptance quota of the entory shareholders by a minimum of 95 percent.