"The foundations have been laid for long-term, high quality and steady growth"

• MLP Annual General Meeting in the Mannheim Rosengarten
• Chief Executive Officer Schroeder-Wildberg: "MLP should be Europe's most profitable financial services company in 2007"

Heidelberg, 21st June 2004 – Quality ensures values - this is the motto adopted by Uwe Schroeder-Wildberg to open today's MLP Annual General Meeting (AGM) in Mannheim. "MLP completed the most successful year in its corporate history in 2004," says the Chief Executive Officer to some 1,200 shareholders who represent some 55 per cent of the share capital.

Schroeder-Wildberg underlines that with the sale of its insurance subsidiaries as per 30th June 2005 MLP will be able to focus upon its core competence – namely that of providing independent consultation to academics and discerning clients. The company will profit here from the growing market of private pension and health provisions. MLP also plans to strengthen its wealth management and occupational pensions segment as well as its foreign business operations by 2007.

MLP is already the premium brand in the financial services sector with its high quality levels. "Our demand is not only to set standards in terms of customer satisfaction", explains Schroeder-Wildberg, "but also to make MLP Europe's most profitable financial services company in 2007."

The executive board has proposed that the AGM approve a share buyback program amounting to ten per cent of the share capital.