ABIT AG

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

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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.

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ots Originaltext: ABIT AG
Im Internet recherchierbar: http://www.presseportal.de

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



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