Übernahme / Acquisition ots Ad hoc-Service: plenum AG <DE0006901002>

Wiesbaden (ots Ad hoc-Service) - Für den Inhalt ist allein der Emittent verantwortlich

plenum AG buys financial sector consultancy

- First acquisition: plenum buys Rost & Partner GmbH - A specialist in treasury, trading and risk management - plenum expands its electronic banking expertise

For the first time since its IPO in August 1998, plenum has acquired a 100 per cent interest in a new subsidiary. The Wiesbaden-based IT services company bought Rost & Partner EDV-Unternehmensberatung GmbH, Frankfurt am Main, with effect from 1 January 1999. This consultancy firm, which specialises in the integration of IT systems at banks, stock exchanges and securities dealers, will strengthen plenum's position in the electronic banking segment.

Previously, plenum had acquired four minority holdings as part of its Companions concept. However, in the light of the wide range of synergy effects with Rost & Partner and its direct strategic contribution to plenum's core competencies, the latter decided to acquire a 100 per cent interest in this case. With its focus on the financial sector, Rost & Partner also serves one of plenum's key customer groups.

19 years' experience in the banking and securities sector

As a banking specialist concentrating on trading, treasury and risk management since 1980, Rost & Partner has gained a strong reputation. A particular speciality is the integration of front -end systems for stock exchange trading -for example Xetra and Eurex- with complex systems installed at banks. With its many years of experience, flexible product components and established customer contacts, Rost & Partner supplements plenum's own activities in this field. In combination combined with plenum's expertise in electronic banking, this can be used to offer the industry innovative, all-round solutions that will enable the companies' joint customers to gain an additional competitive edge.

Rost & Partner has proven earnings power

In financial year 1998, Rost & Partner GmbH recorded sales of DEM 5.4 million with approximately 25 employees, and continued its 1997 earnings trend with pre-tax profits of 25 per cent. This high level of earnings will be at least matched in the current financial year, with sales growing to around DEM 6.0 million. Hartmuch Skubch, Chairman of the Board of plenum AG, and Bernd W. Rost, founder and Managing Director of Rost & Partner, believe that the acquisition of Rost & Partner by plenum will generate substantial growth potential in the market segments for trading, treasury, risk management and electronic banking.

plenum intends extending its position in its core markets through further acquisitions, including at an international level. At the same time, the plenum network will be expanded via the acquisition of minority interests in plenum Companions.

Contacts: Ilka Helmers Investor Relations plenum AG Biebricher Allee 36 65187 Wiesbaden Germany

Phone: +49 (0) 611 9882 255 Fax: +49 (0) 611 9882 150 E-mail:
ilka.helmers@plenum.de

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