05.10.2005 – 12:34

ABIT AG

euro adhoc: ABIT AG
other
Jürgen Baltes Appointed to Management Board of GFKL Financial Services AG

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

05.10.2005

Jürgen Baltes, chairman of the board of ABIT AG, has been appointed
with immediate effect to the management board of GFKL Financial
Services AG by the supervisory board of GFKL Financial Services AG.

+++ Explanatory Text +++

As a member of the GFKL management board, Jürgen Baltes assumes the
responsibility for the "Financial Outsourcing II, Software and
Consulting" business division, which includes Sirius Inkasso GmbH and
today’s ABIT Group. Following formal registration of the merger of
ABIT to GFKL, this division will encompass the future ABIT AG, which
will have been spun off as a GFKL subsidiary, as well as the
collection business in the non-banking segment with the companies
Sirius Inkasso GmbH and Domnowski Debitorenmanagement GmbH. Jürgen
Baltes is also responsible for GFKL Group’s human resources and cost
management.

Jürgen Baltes will continue to exercise his mandate as chairman of
the board of ABIT AG until such time as the merger approved in June
by the annual shareholders’ meetings of ABIT AG and GFKL Financial
Service AG has been formally registered.

end of announcement                               euro adhoc 05.10.2005 11:58:15

Further inquiry note:

Herr Sven Kamerar
Phone: +49 (0)2150 9153 201
E-Mail: investor@abit.de

Branche: Software
ISIN: DE0005122501
WKN: 512250
Index: Prime Standard, CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade