euro adhoc: D+S europe AG / Restructuring & Recapitalisations / Ad hoc release pursuant to §15 WpHG D+S europe AG: Capital increase from authorized capital (E)

Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.

17.03.2005

Hamburg, March 17, 2005. Management of D+S europe AG
(ISIN: DE0005336804), one of Germany’s largest outsourcing providers in the areas of sales and customer-process management, CRM and telemarketing, has decided to increase the company’s registered capital by EUR 315,650.00 from authorized capital against a cash contribution to EUR 15,018,645.00 with the approval of the company’s supervisory board. As a result, the company has made full use of the capital authorized for capital increases at the annual shareholders’ meeting of June 9, 2004. At EUR 3.10 per share, the issue price is higher than the average of the ten Xetra closing prices preceding issuance. The inflow of funds will be used to expand operations.

A new institutional investor was attracted for the subscription of 315,650 shares representing an initial commitment in the amount of approximately EUR 1.0 million. As a result, the company is continuing to increase the percentage of shares held by institutional investors. In keeping with this strategy, D+S europe AG plans to carry out further capital measures in the second half of the year.

Further inquiry note:
D+S europe AG
Kapstadtring 10
22297 Hamburg
Investor Relations
Telephone: +49.40.4114-3331
investor-relations@dseurope.ag
www.dseurope.ag

end of announcement euro adhoc

emitter: D+S europe AG
Kapstadtring 10
D-22297 Hamburg
phone: +49 (40) 4114 7014
FAX: +49 (40) 4114 3555
mail: investor-relations@dseurope.ag
WWW: http://www.dseurope.ag
ISIN: DE0005336804, AOA8FU4
indexes:
stockmarkets:
sector: Media
language: English

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