17.03.2005 – 15:26

d+s europe AG

euro adhoc: D+S europe AG
Restructuring & Recapitalisations
Ad hoc release pursuant to §15 WpHG D+S europe AG: Capital increase from authorized capital

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

17.03.2005

Hamburg, March 17, 2005. Management of D+S europe AG
(ISIN: DE0005336804), one of Germany’s largest outsourcing providers
in the areas of sales and customer-process management, CRM and
telemarketing, has decided to increase the company’s registered
capital by EUR 315,650.00 from authorized capital against a cash
contribution to EUR 15,018,645.00 with the approval of the company’s
supervisory board. As a result, the company has made full use of the
capital authorized for capital increases at the annual shareholders’
meeting of June 9, 2004. At EUR 3.10 per share, the issue price is
higher than the average of the ten Xetra closing prices preceding
issuance. The inflow of funds will be used to expand operations.

A new institutional investor was attracted for the subscription of
315,650 shares representing an initial commitment in the amount of
approximately EUR 1.0 million. As a result, the company is continuing
to increase the percentage of shares held by institutional investors.
In keeping with this strategy, D+S europe AG plans to carry out
further capital measures in the second half of the year.

end of announcement                    euro adhoc 17.03.2005 14:52:58 

Further inquiry note:

D+S europe AG
Kapstadtring 10
22297 Hamburg
Investor Relations
Telephone: +49.40.4114-3331
investor-relations@dseurope.ag
www.dseurope.ag

Branche: Media
ISIN: DE0005336804
WKN: 533680
Index: Prime Standard, CDAX, Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade