GESCO Annual General Meeting resolves record dividend

01.09.2005

Wuppertal, 1 September 2005 –Today’s Annual General Meeting of Prime Standard-listed holding company, GESCO AG, resolved a dividend increase to EUR 0.90 per share. This dividend payment is the highest recorded in the company’s history and represents an increase of 28.6 % on the previous year’s dividend of EUR 0.70 per share.

Executive Board members, Robert Sparmann and Dr. Hans-Gert Mayrose informed 300 shareholders and guests of the exceptional success of financial year 2004/2005 (01.04.2004 – 31.03.2005) and confirmed the positive outlook for the current financial year 2005/2006. Reference was also made to the Group’s most recent acquisition, the Dömer Group which is based in Lennestadt, as well as to the possibility of implementing a “small