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ots Ad hoc-Service: Direkt Anlage Bank AG <DE0005072300> DAB remains on Growth Path

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Discount Broker presents figures for the second quarter 2000 -
further increase in number of customer portfolios to just under
300,000 Munich, July 7, 2000. The number of customer accounts at the
Direkt Anlage Bank AG (DAB), rose to 293,212 at end of the second
quarter 2000. This represents an increase of 32.4 per cent in
relation to the end of the first quarter (number of accounts at the
end of Q1: 221,510). With this success, DAB has already by far
exceeded its growth target of 250,000 customer accounts by the end of
2000. Despite significant market corrections, customer assets (volume
of securities and deposits) rose from EUR 11.0 billion in the first
quarter of the year 2000 to EUR 11.6 billion in the second quarter.
The number of executed securities trades in the second quarter was
1,409,284. If one was to annualize the first half year 2000, this
would mean that on average each customer buys and sells securities 27
times via the DAB account. For the remainder of the year DAB expects
its positive business trends to continue.
1H of 1999  1999 as a whole  1Q of 2000  1H of 2000
Number of           91,575          129,532     221,510     293,212
customer
accounts*
Securities         884,043        2,224,909   1,444,515   2,853,799
Trades
Assets                 4.7              8.4        11.0        11.6
Under Management
(in EUR billion)
Average               20.8             21.4        32.9        27
Trades per
account**
* at the end of the period ** on an annualized basis
End
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