DBAG announces positive results

Deutsche Beteiligungs AG registered slightly positive results for the first nine months of the financial year 2002/2003, ending 31 October 2003. At 31 July 2003, the company posted a consolidated net income of E100,00, compared to the consolidated net loss of E12.8m for the first nine months of the previous fiscal year. In the third quarter of the current financial year, valuation adjustments totaling E13.3m performed on three investments and one fund investment in the US depressed the result.

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