MLP shareholders approve all agenda items with a large majority

• Dividend climbs by 25 percent to EUR 0.50 (0.40) per share
• MLP Executive and Supervisory Boards have been discharged by the AGM in Mannheim by over 91 percent
• Dr. Claus-Michael Dill appointed as new Supervisory Board member

Mannheim, 16th May 2008 - At the Annual General Meeting (AGM) in Mannheim’s “Rosengarten” today, MLP AG shareholders accepted all agenda items with a large majority. The MLP Executive and Supervisory Boards were discharged with 99.88 and 91.66 percent of the votes respectively. An increase in dividend by one quarter to EUR 0.50 (0.40) per share was approved by 99.98 percent.

Shareholders also voted by a majority of 99.86 percent empowering the Executive Board to buy back own shares totalling a maximum of ten percent of share capital by November 13th 2009. Over 95 percent of shareholders followed the recommendations by the nomination committee for appointments to the Supervisory Board. As such, Dr. Claus-Michael Dill, Chairman of the Executive Board of Damp Holding AG, has been appointed as a new Supervisory Board member. Re-elected members are: Manfred Lautenschläger, Chairman of the MLP AG Supervisory Board, Dr. Peter Lütke-Bornefeld, Chairman of the Executive Board of Kölnische Rückversicherungs-Gesellschaft AG as well as Johannes Maret, Managing Director of Maret GmbH.

With 99.98 percent each, the shareholders have also accepted the proposal by the Supervisory Board to reappoint Ernst & Young AG Wirtschaftsprüfungsgesellschaft, Steuerberatungsgesellschaft, Stuttgart, as auditor and group auditor for the financial year 2008 and for the review of the semi-annual financial report 2008.

More than 1,000 shareholders attended the AGM representing over 58.40 percent of the company’s share capital.

Overview of voting results