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Ad Hoc: Corporate Communications vom 13.02.2006

DAB bank AG reports pretax profit of EUR 23.89 million, up 48.2% from previous year - Ad hoc notice pursuant to Section 15 WpHG (German Securities Trading Act)

<h2>DAB bank AG reports pretax profit of EUR 23.89 million, up 48.2% from previous year - Ad hoc notice pursuant to Section 15 WpHG (German Securities Trading Act)</h2> <div class="editor"> <p>DAB bank beats its profit target of EUR 21 million clearly / Management proposes dividend increase up to 18 cents<br> <br> <strong>Munich, 13.02.2006.</strong><br> The preliminary pretax profit of DAB bank AG for fiscal year 2005 is EUR 23.89 million, 48.2% higher than the prior-year figure (2005 net profit: EUR 19.27 million, pretax profit 2004: EUR 16.12 million). Thus, the company's original goal of boosting the pretax profit by 30% to EUR 21 million was overshot by EUR 2.89 million.</p> </div> <div class="editor"> <p>The preliminary pretax profit for the fourth quarter of 2005 is EUR 8.06 million, more than double the EUR 3.97 million pretax profit generated in the corresponding year-ago quarter.<br> <br> The Management Board will propose to the Supervisory Board that the company distribute a dividend of 18 cents (2004: 15 cents), equal to the entire unappropriated profit for fiscal year 2005, calculated according to German GAAP. The shareholders will vote on the joint proposed resolution of the Management Board and Supervisory Board on the annual meeting on May 11, 2006.<br> <br> The final, audited and certified financial statements for fiscal year 2005 will be presented to the public at the financial statements press conference to be held in Frankfurt on March 14, 2006</p> </div>
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