ots Ad hoc-Service: GRENKELEASING AG GRENKELEASING AG\047s new business grows 66.1% in HY1 2000, compared to the previous year

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Baden-Baden (ots Ad hoc-Service) - GRENKELEASING AG managed to close Q1 2000 with a new record result of DM 84.6m (previous year: DM 52.6m) in new business - i.e. sum total of acquisition costs for new leasing contracts. GRENKELEASING AG thus achieved an increase in new business of 66.1% in HY1 2000, bringing the figure to DM 157m (previous year: DM 94.5m). Compared to Q1 2000, growth in Q2 rose by 16.9%. This rate of growth, which considerably outperformed expectations, can be attributed to all distribution channels. The growth seen by Grenke's foreign branch offices (347%) and its Internet subsidiary Weblease (280%) was particularly strong (outperforming Q1 1999 in both cases). The Board of Management Contact Details: GRENKELEASING AG, Rheinstrasse 219, 76532 Baden-Baden Renate Hauss Phone: +49 (0) 7221/5007-204 Email: Internet: End ----------------------------------------------------- Internet: Original-Content von: GRENKELEASING AG, übermittelt durch news aktuell

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