EnBW takes an interest in the Dürr technology group

05/11/2000

Increase of capital stock as a further incentive to growth

EnBW Energie Baden-Württemberg AG has submitted a binding offer to take over a 10% increase of the capital stock of Dürr AG, Stuttgart. The Board of Management of Dürr AG is planning this increase at short notice after prior approval by the Supervisory Board in connection with an allocated and approved capital package. Following this, EnBW will acquire 1.3 m unit shares (no par value) for a price of EUR 25; they will have participating rights in the current fiscal year 2000. The enhanced capital base contributes significantly to Dürr's continued profit-oriented growth trend as a leading international technology group for production systems and services focused on the automotive industry.