i:FAO AG

ots Ad hoc-Service: i:FAO AG Conversion to Registered Shares Succesfully Completed

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    Frankfurt/Main (ots Ad hoc-Service) -        

    i:FAO Aktiengesellschaft has - according to a decision by the general shareholder meeting - completed the conversion of all shares into registered shares.

    >From July 24, 2000 shares of i:FAO will be traded under the new security code number 622 452.

    In changing to registered shares i:FAO joins the ranks of other innovative companies, whose shares are already traded as registered shares.

    The executive board of i:FAO will increase direct communications with shareholders in the coming months and will start several new investor relations activities already in September. A new marketing brochure to enable existing shareholders to share information about i:FAO with potential shareholders and a special program for the use of cytric, creating cost advantages for i:FAO shareholders, are planned.

    cytric(r) by i:FAO Aktiengesellschaft is market leader for neutral, worldwide available business travel management software.

    The Executive Management Board

    Contact

    Louis Arnitz     i:FAO Aktiengesellschaft     Telephone +49 (69) 1530 5500     eMail arnitz@ifao.net

    Additional information, graphics and pictures in high resolution are available in the press area of the i:FAO website at http://www.ifao.net

    Please also visit our new IR page at http://www.ifao.net/ir-eng

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