Wella

euro adhoc: Wella AG
Wella AG - Ad hoc notice pursuant to § 15 WpHG (E)

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

Darmstadt, 2 September 2002: Wella has been informed that a tax assessment for the payment of additional excise IPI taxes ("industrial production taxes")for the years 1997 through 2001 in the amount of BRL 725 Million has been issued vis-a- vis Belfam Industria Cosmetica SA, a company which mainly produces haircare products for the Brazilian  market for the Wella group. The merits of such tax assessment are challenged by Belfam. Any payments under the tax assessment would become due only upon finalization of the several years lasting tax appeal proceedings planned by Belfam.

Presently, it is unclear which consequences this might  have for the Wella group.

end of announcement            euro adhoc 02.09.2002
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Further inquiry note: Frau Nadine Michalski

Branche: Health & Beauty products
ISIN:      DE0007765604
WKN:        776560
Index:    MDAX
Börsen:  Baden-Württembergische Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Börse Düsseldorf / free trade
              Hamburger Wertpapierbörse / free trade
              Berliner Wertpapierbörse / official dealing
              Frankfurter Wertpapierbörse / official dealing



Weitere Meldungen: Wella

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