euro adhoc: JoWooD Productions Software AG / Annual & Special Corporate Meetings / adhoc (E)

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

JoWooD Production Software AG announced, in the line with the current restrictions and ongoing finical negotiation, an extra ordinary general meeting on December 18th 2002.

During this meeting, up to 5.000.000 shares in the nominal of 1 Euro per share to a price of 1 Euro per share will be issued beginning January 1st , 2002.

These new shares will be in the name of the holders and include the right of dividend.. Current shareholders are excluded from this option.

The actual implementation of the planned capital increase will highly depend on the results of the ongoing financing negotiations with banks and investment firms.

The invitation to this extraordinary general meeting, in form of a compulsory notification, was announced in the "Amtsblatt der Wiener Zeitung" in order not to exceed any statuary periods.

Further inquiry note:
JoWooD Productions Software AG
Andreas Tobler, CEO.
Karin Kraberger, Investor Relations
Tel.: +43 (0)3614 2966 1015
mailo:investor@jowood.com
http://www.jowood.com
Tel: 0043 3614 2966-1015
FAX: 0043 3614 2966-1023
Email: investor@jowood.com

end of announcement euro adhoc

Emittent: JoWooD Productions Software AG
Bahnhofstrasse 22
AT-4802 Ebensee
Tel: 0043 3614 2966-1015
FAX: 0043 3614 2966-1023
Email: investor@jowood.com
WWW: http://www.jowood.com
ISIN: AT0000747357
WKN: 074735
Indizes: ATX Prime, ViDX, WBI
Börsen: free trade Baden-Württembergische Wertpapierbörse, Bayerische Börse, Berliner Wertpapierbörse, Frankfurter Wertpapierbörse; official dealing Wiener Börse AG
Branche: Software
Sprache: Englisch

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