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euro adhoc: GESCO AG (english)

Wuppertal, 24.05.2004 - Disclosure announcement transmitted by euro adhoc.The issuer is responsible for the content of this announcement.

Wuppertal, 24.05.2004 - Disclosure announcement transmitted by euro adhoc.The issuer is responsible for the content of this announcement.

GESCO AG GESCO AG: 40 % increase in dividend

Wuppertal, 24 May 2004 - The SupervisoryBoard and Executive Board of Prime Standard listed holding company,GESCO AG, resolved in their meeting today to propose a dividend ofEUR 0.70 per share for financial year 2003/2004(01.04.2003-31.03.2004) to the Annual General Meeting on 9 September2004. This represents an increase of 40% on the previous year (EUR0.50).

On the current share price level, the GESCO share offers a dividendyield of 4,2 %. Although the share price has risen by 84 % in theyear under review, GESCO AG thereby continues to offer a highdividend yield. In financial year 2003/2004, the GESCO share hasoutperformed Benchmark SDAX (+70%).

The annual financial statements for financial year 2003/2004 andplanning for financial year 2004/2005 will be presented by theExecutive Board at the Annual Accounts Press Conference to be held on24 June 2004.

Further inquiry note:Oliver VollbrechtLeiter Investor RelationsT.: +49(0)202 24820 18info@gesco.deTel: +49(0)202 24820 0FAX: +49(0)202 24820 49Email: info@gesco.de

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WKN: 587590ISIN: DE0005875900Marktsegment: CDAX, Classic All Share, Prime All Share, PrimeStandard, official dealing Börse Düsseldorf, FrankfurterWertpapierbörse; free trade Berliner Wertpapierbörse, BayerischeBörse, Hamburger Wertpapierbörse, Baden-WürttembergischeWertpapierbörse

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