Press-archive 2004

MLP confirms that the Mannheim public prosecutor's office has completed its investigations and issued charges regarding incorrect accounting according to paragraph 331 HGB (German Commercial Code) and paragraph 400 AktG (German Law on Stock Corporations).

• Individual management's remuneration to be published for the business year 2004
• Resolute continuation of the open communication policy

Heidelberg, December 7th 2004 - In the future, MLP AG plans to publish the individual remuneration of its executive and supervisory board members. The Heidelberg-based financial services company will be...

• Net profit increases after nine months by 46.6 per cent to EUR 32.1 million
• Total revenues up 22.4 per cent to EUR 431.7 million
• Adjusted EBIT margin of the broker at 19.9 per cent
• EBT- forecast for the full year 2004: EUR 85 - 90 million
• MLP considers streamlining group structure

Heidelberg, 24th November 2004 - The MLP Group has continued its strong growth in the first nine months of 2004. Total group revenues increased by 22.4 per cent (IFRS) to EUR 431.7 million (2003: EUR 352.8 million).

• MLP Versicherung AG, the insurance company, now offers accident and household insurance cover
• Management Board member Peter Schneider: "Asset and risk management at the highest stage."

Heidelberg, October 15th 2004 - MLP Versicherung AG is now offering both accident and household insurance cover via MLP branch offices in Austria, thus extending its product offer.

• MLP advises 30,000 association members concerning company pension schemes
• Exclusive membership card plus credit card for association members
• Member of the management board Dr. Roman Hadjio: "MLP is expanding its already excellent market position among physicians."

Heidelberg, 23rd September 2004 - MLP will be advising some 30,000 GP practices in Germany concerning company pension schemes in the future. The German GP Association awarded MLP a corresponding mandate.

• MLP takes over 51 per cent of the independent consulting company BERAG GmbH
• Strategic reinforcement of the areas employment and taxation law as well as the compilation of actuarial expert opinions
• Further additions to personnel at MLP BAV GmbH
• Chief executive officer Schroeder-Wildberg: "MLP emphasises the significance of the company pension scheme division with these initiatives."

Heidelberg, 9th September 2004 - MLP AG is to expand the company pension scheme division (bAV). In a further step to reinforce this area, MLP has taken over a 51 per cent stake of "BERAG Beratungsgesellschaft für betriebliche Altersversorgung und Vergütung mbH",...

• Net profit up 54.9 per cent to EUR 18.9 million in the first half 2004
• Profit before tax (EBT) up 43.3 per cent to EUR 30.8 million
• Total revenue up 26.7 per cent to EUR 286.0 million
• Significant improvements in the result of foreign operations

Heidelberg, 25. August 2004 – In the first half 2004 the MLP group again significantly increased its revenue and earnings, continuing its strong course of growth. Total revenue rose by 26.7 per cent to EUR 286.0 million (2003: EUR 225.7 million).

• Management board ratified with a quota of over 99 per cent
• Ernst&Young reappointed as auditor for the annual financial statements

Heidelberg, 22nd June 2004 – MLP AG shareholders approved all agenda items with a majority of over 96 per cent at today's Annual General Meeting (AGM) held at the Rosengarten in Mannheim, Germany.

• MLP CEO Schroeder-Wildberg: "MLP returns to a sustained profitable growth course"
• Debate surrounding the necessity of private provisions contributes to growth
• Increase the quality of products and efficiency of consultation

Heidelberg, 22nd June 2004 – Identifying growth potential, grasping opportunities, shaping the future – this is the motto adopted by Uwe Schroeder-Wildberg to open today's MLP Annual General Meeting (AGM) in Mannheim.

• Profit from operations (EBIT) climbs by 42.9 per cent to € 17.5 million
• Net profit up 66 per cent to € 8.9 million
• Total revenue grows by 43.9 per cent to € 147.4 million
• Profitability increases once again
• Double digit growth planned for both revenues and profit

Heidelberg, 26th March 2004 – The MLP Group has made a very pleasing start to the 2004 business year. In the first three months of the current financial year, total revenues at the MLP Group amounted to € 147.4 million, representing an increase of 43.9 per cent (Q1/2003: € 102.5 million).

Heidelberg, 7th May 2004 – MLP has called in the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) – the German Federal Office for Financial Services following the share price fall seen today, ...

• MLP changes accounting from HGB to IFRS
• Total revenue for 2003 rises by 19 per cent to 536.2 Euro million
• Earnings before interest and taxes increase from 13.9 Euro million to 79.4 Euro million
• EBIT margin at 15 per cent
• New business in the area of life insurance in Q1/04 plus 30 per cent

Heidelberg, 28th April 2004 – MLP AG has successfully closed the business year 2003. "With today’s results MLP presents its financial statements for the first time according to international financial reporting standard IFRS and takes a further ...

• Sales revenues climb by 18 per cent to EUR 352 million
• Pre-tax profit (PBT) within target range at EUR 62.9 million – one-off restructuring expenditure of EUR 7.9 million
• Annual net profit EUR 41.1 million
• EPS (according to DVFA) 0.43 Euro Cent
• Adjusted pre-tax profit more than doubled to EUR 70.8 million
• Dividend of 15 Euro Cent per share

Heidelberg, 9th March 2004 – MLP AG has concluded the business year 2003 successfully. Group sales revenues climbed by 18 per cent to EUR 352 million. Adjusted total revenues increased by 14 per cent to EUR 1.1 billion (2002: EUR 976.5 million).

• Chief executive officer Schroeder-Wildberg: "MLP will be winning a highly competent financial expert with Frowein"
• Areas of responsibility to be re-organised on the holding company’s executive board

Heidelberg, January 29th, 2004 - At its meeting today the MLP AG supervisory board appointed Nils Frowein to the position of chief financial officer. Frowein will be assuming his role with effect from April 1st, 2004 and be responsible for accounting and controlling, taxes and general administration.

• Chief executive officer Schroeder-Wildberg: "MLP significantly strengthens a major strategic business area with Huhn’s appointment"
• Company pensions schemes are a long-term growth market for MLP

Heidelberg, 22nd January 2004 - Dr. Harald Huhn, up to now managing director of Gerling Pensionsmanagement GmbH, is assigned head of company pension scheme business area at MLP Finanzdienstleistungen AG, Heidelberg.

• CEO Uwe Schroeder-Wildberg also assumes role of chairman at MLP Finanzdienstleistungen AG
• Eugen Bucher, Gerhard Frieg and Muhyddin Suleiman are appointed as new management board members
• Schroeder-Wildberg: "New structure will strengthen MLP in its role as independent broker and will lead to more stringent control of the sales force"

Heidelberg, 16th January 2004 – MLP is to reorganise the management board at MLP Finanzdienstleistungen AG (FDL AG). The supervisory board of FDL AG has approved the respective proposals made by the new CEO at MLP AG, Dr. Uwe Schroeder-Wildberg.