Jetter AG

euro adhoc: Jetter AG
Mergers - Acquisitions - Takeovers
Jetter agrees capital increase and co-operation with Lumberg (E)

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Ludwigsburg, 17.12.2002 - Jetter AG (Neuer Markt: JTT) and Lumberg Automation Components GmbH & Co. KG, a leading supplier of fieldbus and wiring systems in automation, have signed a letter of intent on Monday, with the objective of establishing a joint distribution company and of Lumberg taking over a share in Jetter. Lumberg shall underwrite a capital increase, out of authorised capital, at a share price of EUR 4.50, leading to a share of 9.1%, which shall be further increased in the future.

The management board expects a significantly widened global market penetration through the joint distribution company, especially for JetWeb products, which are meanwhile proven in projects.

For further information, please contact: Jetter AG, Martin Jetter, CEO Tel.: +49 7141-2550-410    Fax.: +49 7141-2550-484 E-Mail: mjetter@jetter.de

end of announcement            euro adhoc 17.12.2002
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Further inquiry note: Günter Eckert

Branche: Semiconductors & active components
ISIN:      DE0006264005
WKN:        626400
Index:    CDAX Gesamtindex, CDAX Technology, Nemax All Share, Nemax Technology
Börsen:  Frankfurter Wertpapierbörse / Neuer Markt
              Baden-Württembergische Wertpapierbörse / free trade
              Berliner Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Hamburger Wertpapierbörse / free trade



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