MLP to buy back more shares

  • Repurchase of 1.8 percent of share capital

Wiesloch, 11th October 2007 - MLP AG continues its share buyback programme. Following the resolution adopted at the ordinary Annual General Meeting (AGM) on 31st May 2007, the financial services company will be purchasing a maximum of 1.8 percent of share capital as from 8th November onwards, that is, up to a maximum of 2,015,031 shares. This equates to a volume of some EUR 22 million at the current share price. MLP had already repurchased 8.2 percent of the share capital by December 2006 based on the authorisation approved by the AGM on 21st June 2005 which was then later replaced by authorisation approved by the AGM on 31st May 2006.

The major part of the buyback programme will be managed by an investment bank. The purchase price paid per share by MLP AG may not exceed or fall below the average share price during the three trading days preceding the obligation to purchase by more than ten percent. Please visit the MLP website under "Investor Relations" for further details.