euro adhoc: Eurobike AG / Restructuring & Recapitalisations / EUROBIKE AG: Subscription Price for New Shares to be EUR 2.72 (E)

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

Düsseldorf, October 11, 2002 - The 2,800,000 new shares issued in connection with the capital increase are to be offered for purchase to our shareholders at a ratio of 2:1 and with a subscription price of EUR 2.72 per share. The subscription period has been scheduled for the period from 10/22/2002 until 11/04/2002. The share offering is expected to be published in the "Börsen-Zeitung" and in the "Bundesanzeiger" (Federal Official Gazette) on October 19, 2002.

It is envisaged that the German-language version of the prospectus will be available to entitled investors on the internet at the homepage of EUROBIKE AG (www.eurobike-ag.com) as of October 16, 2002. The prospectus sets out the share offering in detail, as well as providing comprehensive information on the company and possible risks.

EUROBIKE Aktiengesellschaft
The Executive Board

Further inquiry note:
Camilla Löwenberg
Investor Relations
Tel: +49 211 9898774
Fax: +49 211 9898636
ir@eurobikeag.com
info@eurobikeag.com
Tel: +49(0)2119898774
FAX: +49 (0)2119898636
Email: info@eurobikeag.com

end of announcement euro adhoc

Emittent: Eurobike AG
Reisholzer Werftstr. 19
DE-40589 Duesseldorf
Tel: +49(0)2119898774
FAX: +49 (0)2119898636
Email: info@eurobikeag.com
WWW: http://www.eurobike-ag.de
ISIN: DE0005706600
WKN: 570660
Indizes: SDAX, SMAX
Börsen: free trade Baden-Württembergische Wertpapierbörse, Bayerische Börse, Berliner Wertpapierbörse, Bremer Wertpapierbörse (BWB), Hamburger Wertpapierbörse; official dealing Börse Düsseldorf, Frankfurter Wertpapierbörse
Branche: Textiles & Clothing
Sprache: Englisch

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