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ePaper created 2012-04-27, 18:36:07 | version 1.23.1
SSHARE PRICE: “SELL IN MAY AND GO AWAY” The bar was high last year. Our share began the year at € 28.98 and suffered early losses to reach € 26.00 by mid- April. A typical price pattern emerged in the run-up to the Annual General Meeting and the subsequent dividend payment: the DES stock rallied, mainly in May, to stand at an annual high (Xetra closing price basis) of € 29.06 on 1 June. The summer and autumn saw price vol- atility and in some cases panicked price falls on the world’s stock exchanges, which DES was unable to wholly SS SHARESHARESHAREThe Shopping Center Trend of share in€ Number of shares traded in thousand 20 25 30 20 25 30 0 100000 200000 300000 400000 500000 600000 0 100000 200000 300000 400000 500000 600000 30 26 24 22 600 500 400 300 200 100 Jan Feb Mar Apr 2011 2012 May June July Aug Sep Oct Nov Dec Jan Feb Mar Apr 20 25 30 20 25 30 0 100000 200000 300000 400000 500000 600000 0 100000 200000 300000 400000 500000 600000 96 DES Annual Report 2011 INVESTOR RELATIONS the shopping center share