01.07.2004 – 14:29

Basler AG

euro adhoc: Basler Vision Technologies AG
Annual & Special Corporate Meetings
Basler’s Annual General Meeting Elects New Supervisory Board (E)

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Basler’s Annual General Meeting Elects New Supervisory Board

- Supervisory Board elected: Norbert Basler and Bernd Priske
confirmed in office, Konrad Ellegast newly elected
- Norbert Basler new chairman of the Supervisory Board
- Forecast for 2004 confirmed at EUR 45 mill. turnover and EUR 2.5-3
mill. earnings before tax

Ahrensburg, 01.07.2004 - Basler’s shareholders elected a new
Supervisory Board at today’s Annual General Meeting. The previous
members Norbert Basler, Großhansdorf, and Bernd Priske, Willich
(Management Board member of M.A.X. Holding), were confirmed in office
until 2009 and 2008 respectively. Konrad Ellegast, Hoisdorf (former
CEO of Phoenix AG), was elected to the board for the first time,
until 2007. At the subsequent Supervisory Board meeting, Norbert
Basler was appointed as chair and Bernd Priske as vice-chair of the
Supervisory Board.

In the Management Board report, the chairman of the Management Board,
Dietmar Ley, confirmed the turnover forecast for 2004 made in May to
the Annual General Meeting. In view of the orders situation and the
turnover generated so far this year, the Management Board confidently
anticipates EUR 45 mill. turnover (+26% compared to 2003) and EUR 2.5
to 3 mill. earnings before tax (2003: EUR 0.7 mill.).

The Annual General Meeting further authorised the Management and
Supervisory Boards to issue convertible bonds on a scale of EUR 3
mill..

Please find further information on the Annual General Meeting in the
detailed press release at www.baslerweb.com. The results of the
second quarter will be released on 12 August 2004.

end of announcement        euro adhoc 01.07.2004

Further inquiry note:

Christian Höck
Tel.: +49 (0)4102 463 175
E-Mail: christian.hoeck@baslerweb.com

Branche: Semiconductors & active components
ISIN: DE0005102008
WKN: 510200
Index: CDAX, Prime All Share, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

Original-Content von: Basler AG, übermittelt durch news aktuell