Deutsche Euroshop Newsroom

Ad hoc Disclosure

16.05.2003

Member of the board of Deutsche EuroShop AG deceased

Eschborn / Hamburg, Mai 16, 2003. Mr. Juergen Wundrack, member of the board of Deutsche EuroShop AG, surprisedly deceased Thursday during his vacation at the age of 63, his family announced today.

Mr. Wundrack was member of the board of Deutsche EuroShop AG since October 2000 and pushed the Company decisively with his long experience and acknowledged property expertise. Beforehand he was chairman of the Deutsche Grundbesitz Investmentgesellschaft for ten years.

Claus-Matthias Boege (44), member of the board, takes over Mr. Wundrack’s duties on an interim basis. Due to the close coordination within the management board Mr. Boege is involved in all business dealings.

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