CPU Softwarehouse AG

ots Ad hoc-Service: CPU Softwarehouse AG Premarket holding in Much-Net GmbH

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    Augsburg (ots Ad hoc-Service) -      Ad hoc report by CPU
Softwarehouse AG

    CPU Softwarehouse AG, quoted on the Neuer Markt of the Frankfurt Stock Exchange, announces a minority interest in Much-Net Datenverarbeitungs GmbH (data processing), Bonn, thereby strengthening the co-operation concluded in October 1999.

    Much-Net Datenverarbeitungs GmbH (established in 1989, in Much near Bonn) is one of the leading providers of software products (PMS- Portfolio and Risk Management Systems) for treasury trading at financial service companies in Germany, Austria, Bulgaria and Switzerland. The company currently employs approx. 25 staff in Germany and is planning turnover of approx. 14 million DM for the current business year.

    This participating interest, to which CPU Venture GmbH has also committed itself, is in part financed by the issue of unit shares from approved capital. The commitment on both sides is part of product and sales strategies to expand the national and international market position.

    The standard software for financial service companies, CPU-C5 and PMS complement one another perfectly in the credit risk management field. For example, credits which have been granted with CPU-C5, can then be transferred into PMS and the counterparty risk can be measured for this credit position and for the nostro for the credit institute.

    CPU Softwarehouse AG continues to remain a partner for the stock market flotation planned by Much-Net in the medium-term and will integrate its own stock market experience, in addition to the co- operation on a sales level.

    Compiled by: Kay Schleef Director of Strategic Marketing, M&A Further information can be found under: www.cpu-ag.com

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