Gräfelfing/Munich, May 14, 2001. The managing board of MWB Wertpapierhandelshaus AG reported on the business year 2000 and gave a preview of current and planned activities at its financial-statements press conference. The company"s managing board and supervisory board will recommend an unchanged dividend payment of EUR1.11 per dividend-entitled share, at the shareholders" meeting, which takes place on June 25, 2001, in Munich,. The basis for this is the company"s outstanding liquidity situation. For the business year 2000, MWB again achieved record group results in financial and commission income with an increase of 17% to EUR 29.3 million.

MWB AG is continuing its strategy of concentration on its core business in the current business year, despite the current difficult market conditions. Besides trading in foreign shares, the company will focus on optimizing trading procedures 2000. "With this strategy, we were already able to achieve a trend reversal in operating results in the first quarter of 2001 compared to the fourth quarter of 2000," said Thomas Posovatz, speaker of the board of MWB AG.

The wholly owned subsidiary MWB Wertpapierhandelsbank contributed EUR0.6 million to group net income in 2000. The securities bank introduced fund-based asset management in 2000 and was also successful in private placements and capital increases.