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17.04.2001 – 08:46

InCentive Asset Management AG

ISS revises recommendation, now recommends in favour of incentive resolutions for shareholder democracy

Zug/Switzerland (ots-PRNewswire) -

InCentive Capital AG today
notes that Institutional Shareholder Services, the leading US-based
international provider of proxy voting and corporate governance
services, has reversed its prior recommendation in light of updated
information and now recommends its clients which hold Sulzer shares
to vote in favour of resolutions 8A and 8B proposed by InCentive
Capital at Sulzer's Annual General Meeting on April 19. Resolutions
8A and 8B propose to remove voting limit and share transfer
restrictions as well as reducing the number of members on the Board.
This decision is another important milestone for InCentive,
providing further credibility to its efforts to offer shareholders
the opportunity to decide whether they want to accept the offer.
InCentive also noted that while it is too late to register for the
meeting, it is not too late to change a vote. InCentive calls on all
registered shareholders to vote in favour of the resolutions proposed
by InCentive by Tuesday, April 17 to be sure their vote is counted.

Contact:

Thomas Wyler
InCentive Asset Management AG
Tödistrasse 36
CH-8002 Zürich
Phone +41 1 205 9300
Fax +41 1 205 9305
E-mail: mail@incentiveasset.ch
Internet: http://www.incentivecapital.ch