Ad hoc Announcements

Announcements according to §15 WpHG


BOV improves results in Q3 by EURO 0.5 million

Stable trend in revenues despite adverse market situation

In the third quarter of 2002, the BOV Group has recorded a total operating performance of EURO 5.8 million with acumulative operating performance for the first nine months of the 2002 financial year of EURO 18.4 million. This means that the overall performance for the third quarter, still characterised in the months of July and August by the lower seasonal capacity utilisation, was at the same level on average as in the two previous quarters.



BOV increases overall performance by some 8.7 % compared to the previous quarter

Visible cost reduction in the course of restructuring

The BOV Group showed overall corporate earnings of EURO 6.56 Mio. in the second quarter, thus outperforming the first quarter by some EURO 0.52 Mio. (+ 8.7 %). This exceeds projections which expected revenues to remain at first quarter levels.



BOV AG continues with consolidation process

Sale of Intermoves AG / BFK GmbH

Pending approval from the supervisory board, BOV has sold its 75.5 percent share of Intermoves AG and 73 percent stake in B.F.K. Gesellschaft für angewandte Wirtschaftsinformatik GmbH, both of Paderborn, as part of a management buyout.



BOV AG achieves its Q3 sales target and successfully continues its favorable earnigns trend

BOV expects Q4 sales to develop on a stable level / Turnaround expected in 2002

BOV AG booked total output of Euro 6.9 million in Q3 and sales were therefore in line with expectations and concur with recent forecasts by analysts. Despite tough market conditions, in the first nine months, BOV AG has recorded total sales of Euro 22.4 million, a figure 25.1 percent up on the year-before period.



BOV AG resolves an exclusive technology alliance with IdentCo. AG

Strong demand from IdentCo. Clients for BOV's Web-based B2B platform leads to advances in technology for IdentCo.; BOV acquires a five percent stake in IdentCo.

The Web-based B2B platform BOV has developed for the first German Internet provider of car parts and auto accessories has been so well received by workshops that both the transactions handled through this trading platform and the sales figures of IdentCo. have multiplied considerably in a very short space of time.



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