Lintec Computer AG

euro adhoc: Lintec Information Technologies AG
Mergers - Acquisitions - Takeovers
LINTEC: Refocusing and streamlining - next round: Sale of stake in Intenso GmbH. Debt burden further reduced. (E)

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Management and Advisory Board of LINTEC Information Technologies AG have agreed the sale of LINTEC's entire 51 % stake in Intenso GmbH, Vechta, with immediate effect. The Buyer is a German investment group. Mr Jens Lübbe remains Managing Director and a main shareholder. Both parties have agreed not to disclose the price of the transaction. This is the conclusion of a very successful engagement for LINTEC over a three year period. This transaction reinforces the company's policy of refocusing on its core business, which was approved at LINTEC's AGM in May 2003. At the same time, it forms part of a comprehensive debt reduction programme, which will support a dynamic and profitable development of LINTEC's core business from 2004. Intenso contributed a major proportion to LINTEC group sales, consequently, the internal forecast for 2004 is now being recalculated. LINTEC will publicise the new planning assumptions for 2004 at its analyst conference in mid December 2003. Sales and profits are then being generated predominantly by LINTEC's core business activities. For more details, contact: LINTEC Information Technologies AG, Dep’t MarCom • Tel: +49 (0)34298 71607 • Fax: +49 (0)34298 71372 • Email: aktie@lintec.de • Web: www.lintec.de

end of announcement            euro adhoc 07.11.2003
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Further inquiry note: Dep’t MarCom • Tel: +49 (0)34298 71607 • Fax: +49 (0)34298 71372 • Email: aktie@lintec.de

Branche: Computing & Information Technology
ISIN:      DE0006486004
WKN:        648600
Index:    CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade



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