Shareholders Should Profit from the Securities Specialist"s Success

Gräfelfing/Munich, May 2, 2000. MWB Wertpapierhandelshaus AG is one of the most attractive investments in the SMAX. The company"s supervisory and managing boards will recommend a dividend of DM 6.50 per share to the shareholders" meeting, which takes place on June 27, 2000 in Munich. The payout is clearly higher than the market generally expects.

"Shareholders should profit from the company"s positive development," said spokesman Thomas Posovatz. "MWB stock should remain positioned as an attractive long-term investment." Management sees the company"s success resulting from a consistent strategic orientation on its core business. In the first quarter of 2000, MWB already announced the best quarterly earnings in the company"s history.

MWB AG has been listed on the SDAX since April 1999. It is a leading specialist and market maker in foreign securities. MWB has seats on the Munich, Berlin, Frankfurt, Düsseldorf and Stuttgart stock exchanges. With its wholly owned subsidiary MWB Wertpapierhandelsbank, it is also active in the IPO and asset management fields.