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FORIS AG

ots Ad hoc-Service: FORIS AG <DE0005775803> Quarterly Report of FORIS AG

Berlin (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
FORIS AG is publishing its
first-quarter report for 2000 today. It can be found on the FORIS AG
website at www.foris-ag.de.
The quarter is closing with a deficit of EUR 0.18 per share.
Total option volumes from current judicial proceedings declined
during the reporting period from EUR 47.2 to 42.2 million. These face
demands valued at more than EUR 100 million; experience shows that
10-20% of this amount will be reduced in litigation financing
agreements still to be concluded.
In the division of stockpiling companies, turnover showed a
welcome increase to EUR 2.6 million during the quarter under report.
In addition, further negotiations on cooperative ventures with or
involvements in strategic partners have nearly been concluded; these
will draw considerable attention in the legal market after they are
announced.
Concrete corporate growth indicates that a favorable business
result will be achieved at year end.
End
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