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comdirect - eine Marke der Commerzbank AG

ots Ad hoc-Service: comdirect bank AG <DE0005428007> comdirect gained 40,624 new customers, increasing the number of customers to 618,089 group-wide

Quickborn (ots Ad hoc-Service) -

Ad hoc-announcement. The sender is solely
responsible for the contents of this announcement.
comdirect bank AG (WKN 542 800)
gained 40,624 new customers during the first quarter of 2001. The net
increase in new customers more than quadrupled compared to the last
quarter of 2000. As of 31 March 2001, comdirect had a total of
618,089 customers in Europe, of which 581,282 were direct brokerage
customers.
A total 2.8 million orders were placed during the first quarter of
2001, of which 2.0 million were executed. The comparison with the
previous year reflects both the obvious investor caution because of
the current situation on the financial markets and the decline in the
number of IPOs.
The weak stock market also affected total deposits and custody
accounts. Due to a further decline in share prices, the value of many
portfolios decreased during the first quarter. As of 31 March 2001,
total deposits and custody accounts amounted to EUR 8.9 billion (31
December 2000: EUR 10.2 billion). EUR 6.7 billion of that total were
held in portfolios, the volume of which declined by EUR 1.4 billion
during the first quarter. The deposit volume increased by EUR 0.1
billion to EUR 2.2 billion.
The investment funds volume grew to EUR 1.0 billion, which, as of
31 March 2001, corresponds to 15 percent of the total portfolio
volume. In the first quarter of the previous year, funds had held a
share of only 9 percent in the overall portfolio volume.
The number of employees in the comdirect group increased to a
total of 1,547 as of 31 March 2001, compared with 1,149 a year
before.

Contact:

comdirect bank AG, Investor Relations,Gregor Sparfeld
Tel.: ++49 / 04106 / 704/1966 Fax: ++49 / 04106 / 704/1969

WKN: 542800; Index: NEMAX 50 Listed: Neuer Markt in Frankfurt;
Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München
und Stuttgart

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