Press-archive 2003

Heidelberg, 17th December 2003 – At today’s meeting of the supervisory board of MLP AG, Dr. Uwe Schroeder-Wildberg was unanimously appointed to the position of Chief Executive Officer, with effect from 1st January 2004. The 38 year-old Schroeder-Wildberg succeeds Dr. Bernhard Termühlen, who has decided to leave the company at the end of this year.

• State governor Erwin Teufel praises his entrepreneurial life-work
• Outstanding social commitment

Heidelberg, 12th December 2003 – Manfred Lautenschläger, founder and chairman of the supervisory board of MLP AG, celebrates his 65th birthday this coming Monday, 15th December 2003 in Heidelberg.

• Interest in MLP reduced from 33.5 to 28.9 per cent
• Proceeds will, among other things, be used for various social and charitable commitments
• Free float increased from 52 to 57 per cent

Heidelberg, 9th December 2003 – Manfred Lautenschläger, founder of MLP AG and chairman of the supervisory board, has sold 5 million MLP shares for EUR 15.75 per share. As a result of this transaction, the stake in MLP held by Lautenschläger, his family and his foundation is decreasing from 33.5 to 28.9 per cent.

• Pre-tax profits up 84 per cent to EUR 14.1 million
• Adjusted total revenues climb by 24 per cent to EUR 261.4 million
• Sales revenues generate most successful 3rd quarter in company’s history
• Sales revenues up 27 per cent to EUR 79.2 million
• Profit forecast affirmed

Heidelberg, 18th November 2003 – The MLP Group continued to expand its leading position as independent financial services supplier for university graduates and discerning private clients across all business areas in the 3rd quarter 2003.

• Dr. Bernhard Termühlen will step down as Chief Executive Officer at the end of the year citing personal reasons
• Decision regarding successor to be made in coming weeks

Heidelberg, 22nd October 2003 - Dr. Bernhard Termühlen has requested the MLP AG supervisory board to release him from his duties as chief executive officer with effect from 31st December 2003.

Heidelberg, 30th September 2003 – The MLP Group is redefining organisational structures within the subsidiaries and preparing management structures to accommodate further corporate expansion.

• Business development in line with forecasts

  • Double-figure increases reported for sales revenues and pre-tax profit compared to previous quarter
  • Client base grows by 13,000 to 531,000 in 2nd quarter 2003
• Market share increased in the core target group
• Pension and provision debate adds momentum to business

Heidelberg, 19th August 2003 - Operating business within the MLP Group has shown a positive development during the second quarter of 2003. Total revenues of EUR 246 million surpassed those reported for the first quarter by 5 per cent (EUR 234 million).

Heidelberg, 17th June 2003 - MLP AG shareholders approved all agenda items with a majority of over 98 per cent at today's Annual General Meeting (AGM) held at the Rosengarten in Mannheim, Germany.

• Business development in Q1/03 progresses as forecast:

  • Total adjusted revenues up by 7 per cent
  • Pre-tax profit (EBT) of EUR 8.5 million
• Client base grows by 13,000 to 518,000

Heidelberg, 27th May 2003 - The start to the 2003 fiscal year has been promising for the MLP Group in light of continued difficult overall market conditions. Subsequent to adjustments relating to the sale of the MLP-Lebensversicherung AG, Österreich, at the end of 2002, total revenues have increased by 7 per cent to EUR 233.7 million.

• Total revenue increases by 8 per cent to EUR 1.13 billion (including proceeds from the sale of MLP-Lebensversicherung AG, Wien)
• Earnings before taxes (EBT): minus EUR 36.6 million; after adjustment for one-off effects, plus EUR 32 million
• Cross-selling quota stays at 5.1
• Number of clients rises in Q1/03 by 13,000
• Pre-tax profit for 2003 at least EUR 65 million

Heidelberg, 24th April 2003 - Despite extremely difficult overall conditions, MLP AG, Heidelberg, was able to increase total revenue for the fiscal year 2002 to EUR 1.13 billion, representing an increase of 8 per cent over the previous year.

Heidelberg, April 23rd 2003 - The transpositions that have been undertaken in the MLP financial statement of the year 2002 lead - as already announced - to an one-time negative effect on the company's earnings picture.

• Dietmar Hopp will not be standing for re-election
• Johannes Maret put forward as successor

Heidelberg, 13th March 2003 - Dietmar Hopp, an MLP AG supervisory board member since 28th May 2001, will not be standing for re-election to the supervisory board in the elections scheduled to take place at the corporate AGM on 17th June 2003.

• 10,000 new clients in Q4; 505,000 clients at year end
• Re-insurance activities considerably reduced;
  reserves for risk and value adjustments increased
• Pre-tax loss in 2002 EUR 114.5 million excluding pro-ceeds from sale of austrian life insurance business
• One-time items total EUR -145.6 million of which EUR 137 million is non-cash
• Adjusted results EUR 31.1 million
• Group expects 2003 pre-tax profits of at least EUR 65 million

Heidelberg, February 12, 2003 - MLP AG today has announced its preliminary 2002 results.
As indicated last year, MLP's Board has confirmed that it has reassessed certain balance sheet items to reflect a more conservative approach.

Heidelberg, January 22nd 2003 - Subsequent to preliminary output figure evaluations, operating business in the fourth quarter 2002 has proved very satisfactory, especially in light of the difficult environment.