GESCO AG

euro adhoc: GESCO AG
Dividend Announcements
GESCO AG: 40 % increase in dividend (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- Wuppertal, 24 May 2004 - The Supervisory Board and Executive Board of Prime Standard listed holding company, GESCO AG, resolved in their meeting today to propose a dividend of EUR 0.70 per share for financial year 2003/2004 (01.04.2003-31.03.2004) to the Annual General Meeting on 9 September 2004. This represents an increase of 40% on the previous year (EUR 0.50). On the current share price level, the GESCO share offers a dividend yield of 4,2 %. Although the share price has risen by 84 % in the year under review, GESCO AG thereby continues to offer a high dividend yield. In financial year 2003/2004, the GESCO share has outperformed Benchmark SDAX (+70%). The annual financial statements for financial year 2003/2004 and planning for financial year 2004/2005 will be presented by the Executive Board at the Annual Accounts Press Conference to be held on 24 June 2004. end of announcement euro adhoc 24.05.2004 --------------------------------------------------------------------- Further inquiry note: Oliver Vollbrecht Leiter Investor Relations T.: +49(0)202 24820 18 info@gesco.de Branche: Economy, Business & Finance ISIN: DE0005875900 WKN: 587590 Index: CDAX, Classic All Share, Prime All Share, Prime Standard Börsen: Börse Düsseldorf / official dealing Frankfurter Wertpapierbörse / official dealing Berliner Wertpapierbörse / free trade Bayerische Börse / free trade Hamburger Wertpapierbörse / free trade Baden-Württembergische Wertpapierbörse / free trade

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