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12.07.2004 Press Release

Deutsche EuroShop AG wins 2004-Capital-Investor-Relations-Prize

Hamburg

Hamburg, 12 July 2004 – Deutsche EuroShop AG is awarded the “2004-Capital-Investor-Relations-Prize” in the category SDAX. The winners in the other categories are RWE (EuroStoxx 50), SAP (DAX), Beiersdorf (MDAX) and BB Biotech (TecDAX).

During a festive dinner in Frankfurt am Main the business magazine Capital awarded the “Capital-Investor-Relations-Prize” for the eighth time since 1997 to companies which communicate best with the capital market. The criteria for best practice investor relations are timeliness, credibility, quality and corporate governance.

In cooperation with the DVFA (German Association of Financial Analysts and Asset Management) Capital magazine sent standardized questionnaires to more than 300 analysts and fund managers at more than 74 international banks and fund management companies in Europe. 6,949 individual assessments of 198 companies were converted by the Vienna Institute of Finance and Financial Markets.

“We are very pleased about being awarded this prize for our investor relations”, said Claus-Matthias Böge, CEO of Deutsche EuroShop AG. “And we will continue this straightforward, prompt and transparent communication to convince new investors of the attractiveness of an investment in our shopping center share.”

(c) Jörg Ladwig, Capital
from left: Thomas Luber, Capital; Erich Baumgärtner, CFO Rational; Dr. Klaus L. Wübbenhorst, Vorstandsvorsitzender GfK; Claus-Matthias Böge, CEO Deutsche EuroShop; Kai Stepp, Chefredakteur Capital.