Eurobike AG
Ad hoc-Service: Eurobike AG

Ad-hoc Mitteilung übermittelt durch die DGAP. Für den Inhalt der Mitteilung ist allein der Emittent verantwortlich. —————————————————————————— 1 . Ad-hoc release EUROBIKE corrects preliminary results for fiscal 1999/2000 At a meeting on December 2, 2000, the Supervisory Board of Eurobike AG dealt, among other things, with the company preliminary results for the financial year 1999/2000 (September 30). During its examination the Supervisory Board noted that the Groups preliminary income before tax of DM 35.1 million published in a press release on November 28, 2000 has to be corrected. This figure included extraordinary income which will not be included in the final financial statements. From todays point of view, Group income before tax of DM 5 to 10 million is expected for fiscal 1999/2000. The decline in income on the previous year is largely due to a loss incurred by the wholesaler Schuh. In addition, the company results were affected by the strong dollar and yen. For the financial year 2000/2001, which began on October 1, 2000, the Management Board expects a marked recovery of results compared to fiscal 1999/2000. A merger of the two wholesalers, DiFi and Schuh, will provide considerable synergy potential. The selling prices calculated for the current financial year take the higher dollar and yen exchange rates into account. The gross margin should therefore climb back to the level achieved in past years. Furthermore, the Supervisory Board decided to speedily appoint a new Board member in charge of finances who will also be responsible for controlling. Düsseldorf, December 4, 2000 Ende der Mitteilung