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ots Ad hoc-Service: FORIS AG <DE0005775803> FORIS before another stock split and capital increase to facilitate corporate acquisitions

Berlin (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
With the invitation to the general meeting on 26 May 2000, the
management of FORIS AG submits the following proposals to the
shareholders for resolution:
1. A stock split should be executed to double the capital stock
through a conversion of surplus capital. Greater market liquidity
will be attained for the stock by increasing the number of shares to
5,860,000 units.
2. The Management Board should be empowered to make use of the
authorized capital, even while excluding the subscription rights of
shareholders, in order to facilitate capital holdings in other
companies or the acquisition of companies by way of share exchanges.
3. The Management Board should be authorized to repurchase
treasury stock in order to achieve the above or comparable strategic
purposes.
4. Installed during the formation phase, Supervisory Board members
Thorsten Geson, a Management Board member of AHAG AG, and Dr. Dieter
Wetekam, Attorney at Law, Public Accountant and Independent Auditor,
have stated that, due to FORIS AG's expansive orientation, they deem
it advisable for new members with the corresponding specialized
know-how to fill the Supervisory Board positions. They will thus
resign from their Supervisory Board office at the end of the general
meeting.
At the proposal of the Management Board, two candidates will
present themselves for election as new Supervisory Board members for
the residual terms of office of the resigning members:
1. Priv. Doz. Dr. habil. Nina Dethloff, LL.M., Bielefeld; 2. Dr.
Thomas Laukamm, Managing Director of Consulting Trust, Gesellschaft
fuer strategische Beratung GmbH, Duesseldorf
Within the framework of her previous academic activity, Dr.
Dethloff has dealt extensively with the topic "litigation financing."
She is specialized in international (particularly, US) law.
Dr. Laukamm possesses relevant experience in the Internet and
publishing through activity in and for other companies and his own
corporate formations.
Dr. Hans Cobet, Attorney at Law and Public Accountant, will remain
Chairman of the Supervisory Board.
End
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