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05.12.2001

CENIT separates for good from subsidiary in Great Britain

Stuttgart – December, 05, 2001 - The sale of the subsidiary CENIT UK to the original owner, a further measure in CENIT`s cost reduction programm, was today determined with the final contract. The sale of the subsidiary in UK is connected with a distribution contract, providing for future sales of CENIT services and products in UK. The company will continue to exist under the name CENIT UK. This measure is a further step towards the strategic goal – the consolidation of the international subsidiaries and an increase in returns.

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