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Jetter AG

euro adhoc: Jetter AG
Mergers - Acquisitions - Takeovers
Jetter agrees capital increase and co-operation with Lumberg (E)

Disclosure announcement transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
Ludwigsburg, 17.12.2002 - Jetter AG (Neuer Markt: JTT) and Lumberg
Automation Components GmbH & Co. KG, a leading supplier of fieldbus
and wiring systems in automation, have signed a letter of intent on
Monday, with the objective of establishing a joint distribution
company and of Lumberg taking over a share in Jetter. Lumberg shall
underwrite a capital increase, out of authorised capital, at a share
price of EUR 4.50, leading to a share of 9.1%, which shall be further
increased in the future.
The management board expects a significantly widened global market
penetration through the joint distribution company, especially for
JetWeb products, which are meanwhile proven in projects.
For further information, please contact:
Jetter AG, Martin Jetter, CEO
Tel.: +49 7141-2550-410   Fax.: +49 7141-2550-484
E-Mail:  mjetter@jetter.de
end of announcement        euro adhoc 17.12.2002

Further inquiry note:

Günter Eckert

Branche: Semiconductors & active components
ISIN: DE0006264005
WKN: 626400
Index: CDAX Gesamtindex, CDAX Technology, Nemax All Share, Nemax Technology
Börsen: Frankfurter Wertpapierbörse / Neuer Markt
Baden-Württembergische Wertpapierbörse / free trade
Berliner Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Hamburger Wertpapierbörse / free trade

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