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CENIT AG Systemhaus signed Corporate Governance Code

Prime Standard admission requested

Stuttgart - December 18, 2002. Today, CENIT officially released the declaration according to section §161 of the German Stock Corporation Act. The Executive and Supervisory Boards of CENIT AG Systemhaus declare that, in accordance with the Code Committee for management and supervision, appointed from the German Federal Government, the conduct recommendations are already met today and will be corresponded to in future.

Throughout the last 12 months, the principles of a value-oriented and transparent management and supervision have substantially gained in importance for the evaluation of quoted enterprises. Together with the Cromme Commission of the German Federal Government, politics set standards with the publication of the Corporate Governance Code in February 2002. At the same time, the legislator obligates all quoted enterprises with the adoption of the transparency and
publicity-set (TransPuG), to lay open the target agreement of the German Corporate Governance Code, and to explain possible deviations from the target (comply or explain). The requirements of international investors are to be fulfilled in particular.

Additionally, the admission to the Prime Standard of Frankfurts` stock market was requested. With this Prime Standard quotation we expect a new dynamic for the stock market and therefore for CENIT shares.

Please contact:

CENIT AG Systemhaus
Prime Standard Listing - ISIN DE0005407100

Fabian Rau
Vice President Investor Relations & Marketing
Industriestraße 52-54, D-70565 Stuttgart
Tel.: +49 711 7825-3185
Fax: +49 711 782544-4185
E-Mail: info@cenit.de