XETRA Circular 52/03

To the Xetra® Members and Vendors

Recipients: Traders

U Action required U High Priority FWB Frankfurter Wertpapierbörse

Management

Neue Börsenstraße 1 60487 Frankfurt am Main

Mailing Address 60485 Frankfurt am Main

Telephone New Segmentation of the Equity Market - March 19, 2003 +49(0)69-21 01-14 00 Changes on Xetra® +49(0)69-97 70-14 00

Telefax +49(0)69-21 01-14 01 +49(0)69-97 70-14 01 Dear Sir or Madam, Internet Please note the following changes associated with the introduction of the www.xetra.de new indices on March 24, 2003:

· New Trading Hours

The FWB Management Board has approved the following auction plan for continuously traded equities, company-issued warrants and XTFs. Effective Monday, March 24, 2003, the new trading hours will be:

Opening Auction Intraday Auction Intraday Auction Closing Auction Start Price Start Price Start Price Start Price Call determi- Call determi- Call determi- Call determi- Phase nation Phase nation Phase nation Phase nation from from from from ® ® DAX , TecDAX 08:50 09:00 13:00 13:02 17:30 17:32 20:00 20:05

MDAX®, SDAX® 08:50 09:02 13:05 13:07 17:35 17:37 20:00 20:05

Stoxx, XTF 08:50 09:04 13:10 13:12 17:40 17:42 20:00 20:05

Bond XTFs 08:50 09:04 13:10 13:12 ./. ./. 17:40 17:45

US Stars 08:51 09:02 15:25 15:27 17:45 17:47 20:00 20:05

Other Equities 08:51 09:02 13:15 13:17 17:45 17:47 20:00 20:05

Comp.-Issued War. 08:50 09:04 13:10 13:12 17:40 17:42 20:00 20:05

Xetra Central Circular Management General Managers: Tel.: +49-69-21 01-96 20, Fax: +49-69-21 01-44 91 Edward Backes Tel.: +49-69-97 70-96 20, Fax: +49-69-97 70-44 91 Rudolf Ferscha E-Mail: [email protected], Internet: www.xetra.de Rainer Riess

Matthias Ganz Page 2 March 19, 2003

The change in trading phases will come into effect on the actual introduction date in the Xetra trading system. Please observe the exceptions which apply on Eurex settlement dates, as outlined in the FWB Xetra circular 43/99 from March 16, 1999.

· New Index Composition

Attached is an overview of instrument group compositions for the DAX®, TecDAX®, MDAX® and SDAX® indices. Modifications will be communicated by circular, as usual.

New Instrument Groups

The following new instrument groups are available on Xetra:

SDX1 SDAX® TDX1 TecDAX®

To enable trading in instruments assigned to these instrument groups, the security administrator of your institution must assign the new instrument groups to the trader groups via „Subgroup Assignment Maintenance“ (please refer to Xetra circulars 39/03 and 50/03).

· New Indices

The following two indices have been set up on Xetra and can be included in the ticker profile:

Name Short ISIN TECDAX® (PERFORMANCE INDEX) TDXP DE0007203275

TECDAX® (PRICE INDEX) TDXK DE0007203283

For any further questions you may have, please do not hesitate to call the Xetra Trading Helpline at +49-69-21 01-14 00.

Yours faithfully On behalf of the Management

Udo Heinrich Tore May

Enclosure

Page 3 March 19, 2003

Instrument group: DAX1 Short Name ISIN 1 ADS ADIDAS-SALOMON AG O.N. DE0005003404 2 ALT ALTANA AG O.N. DE0007600801 3 ALV ALLIANZ AG VNA O.N. DE0008404005 4 ALVA ALLIANZ AG ADR US0188051017 5 BAS BASF AG O.N. DE0005151005 6 BAY BAYER AG O.N. DE0005752000 7 BAYA BAYER AG ADR US0727303028 8 BMW BAY.MOTOREN WERKE AG ST DE0005190003 9 BMW3 BAY.MOTOREN WERKE AG VZO DE0005190037 10 CBK COMMERZBANK AG O.N. DE0008032004 11 DB1 DEUTSCHE BOERSE NA O.N. DE0005810055 12 DBK DEUTSCHE BANK AG NA O.N. DE0005140008 13 DCX DAIMLERCHRYSLER AG NA O.N DE0007100000 14 DCXN DAIMLERCHRYSLER AG NEUE DE0007474363 15 DPW DEUTSCHE POST AG NA O.N. DE0005552004 16 DTE DT.TELEKOM AG NA DE0005557508 17 DTEA DT.TELEKOM AG ADR US2515661054 18 EOA E.ON AG O.N. DE0007614406 19 FME FRESEN.MED.CARE AG O.N. DE0005785802 20 FME3 FRESEN.MED.CARE AG O.N. VZ DE0005785836 21 FME4 FRESEN.MED.CARE AG VZO DE0007474561 22 HEN HENKEL KGAA ST O.N. DE0006048408 23 HEN3 HENKEL KGAA VZO O.N. DE0006048432 24 HVM BAY.HYPO-VEREINSBK.O.N. DE0008022005 25 IFX INFINEON TECH.AG NA O.N. DE0006231004 26 IFXA INFINEON TECH.AG ADR US45662N1037 27 LHA LUFTHANSA AG VNA O.N. DE0008232125 28 LIN LINDE AG O.N. DE0006483001 29 MAN MAN AG ST O.N. DE0005937007 30 MAN3 MAN AG ST O.N. VZO DE0005937031 31 MEO METRO AG ST O.N. DE0007257503 32 MEO2 METRO AG ST O.N. ANFECHT. DE0007257529 33 MEO3 METRO AG VZO O.N. DE0007257537 34 MLP MLP AG DE0006569908 35 MUV2 MUENCH.RUECKVERS.VNA O.N. DE0008430026 36 RWE RWE AG ST O.N. DE0007037129 37 RWE3 RWE AG VZO O.N. DE0007037145 38 SAP SAP AG ST O.N. DE0007164600 39 SAPA SAP AG ADR US8030542042 40 SCH SCHERING AG O.N. DE0007172009 41 SIE SIEMENS AG NA DE0007236101 42 SIEB SIEMENS AG ADR US8261975010 43 TKA THYSSENKRUPP AG O.N. DE0007500001 44 TUI TUI AG O.N. DE0006952005 45 VOW VOLKSWAGEN AG ST O.N. DE0007664005 46 VOW3 VOLKSWAGEN AG VZO O.N. DE0007664039

Page 4 March 19, 2003

Instrument group: TDX1 Short Name ISIN 1 AIX AIXTRON AG O.N. DE0005066203 2 AUS AT+S AUSTR.T.+SYSTEMT. AT0000969985 3 BBZ BB BIOTECH INH. SF 1 CH0001441580 4 DRW3 DRAEGERWERK VORZ.A.O.N. DE0005550636 5 EIE3 UTD.INTERNET AG NA DE0005089031 6 ELG ELMOS SEMICONDUCTOR AG DE0005677108 7 EPC EPCOS AG NA O.N. DE0005128003 8 EVT EVOTEC OAI AG O.N. DE0005664809 9 FJA FJA AG O.N. DE0005130108 10 GPC GPC BIOTECH AG DE0005851505 11 IDS IDS SCHEER AG O.N. DE0006257009 12 JEN AG O.N. DE0006229107 13 KBC KONTRON AG O.N. DE0006053952 14 LIO LION BIOSCIENCE AG O.N. DE0005043509 15 LIOA LION BIOSCIENCE US5361911093 16 MDG MEDIGENE NA O.N. DE0005020903 17 MNSN MICRONAS SEM.HLDG NA SF 1 CH0012337421 18 MOB MOBILCOM AG O.N. DE0006622400 19 MOB2 MOBILCOM DE0007474322 20 NDX O.N. DE0005873574 21 PFV TECH.O.N. DE0006916604 22 PFVA PFEIFFER US7170671025 23 PNE2 PLAMBECK N.ENERG.AG NA DE0006910326 24 QIA QIAGEN NV EO -,01 NL0000240000 25 RPW REPOWER SYSTEMS AG DE0006177033 26 SMY SCM MICROSYSTEMS DL-,001 US7840181033 27 SNG SINGULUS TECHNOL. DE0007238909 28 SOW4 SOFTWARE AG NA O.N. DE0007242646 29 SSI SAP SYSTEMS INTEGR.O.N. DE0005011118 30 TOI T-ONLINE INTERN. NA O.N. DE0005557706 31 WDO WEDECO AG O.N. DE0005141808 32 WE2 WEB.DE AG DE0005296503 33 XOS IXOS SOFTWARE AG O.N. DE0005061501

Page 5 March 19, 2003

Instrument group: MDX1 Short Name ISIN 1 AMB1 AMB GENERALI HOLDING AG NEUE DE0007474116 2 AMB2 AMB GENERALI HOLDING AG DE0008400029 3 ARL AAREAL BANK AG DE0005408116 4 AWD AWD HOLDING AG O.N. DE0005085906 5 BEI BEIERSDORF AG O.N. DE0005200000 6 BOS HUGO BOSS AG ST. DE0005245500 7 BOS3 HUGO BOSS AG VZO O.N. DE0005245534 8 BUD BUDERUS AG O.N. DE0005278006 9 BZL BERU AG O.N. DE0005072102 10 CON CONTINENTAL AG O.N. DE0005439004 11 CON1 CONTINENTAL AG NEUE DE0007474090 12 CZZ CELANESE AG O.N. DE0005753008 13 DEP DEPFA BANK PLC EO 3 IE0072559994 14 DGX DEGUSSA AG O.N. DE0005421903 15 DOU DOUGLAS HOLDING O.N. DE0006099005 16 DYK DYCKERHOFF ST DE0005591002 17 DYK3 DYCKERHOFF VZO O.N. DE0005591036 18 EAD EUROP.AERON.DEF.+SP. EADS NL0000235190 19 FRA FRAPORT AG FFM.AIRPORT DE0005773303 20 FRE FRESENIUS AG DE0005785604 21 FRE1 FRESENIUS AG NEUE DE0007474546 22 FRE3 FRESENIUS AG VZ O.ST O.N. DE0005785638 23 FRE4 FRESENIUS AG VZO NEUE DE0007474553 24 GBF BERGER AG DE0005909006 25 GEH GEHE AG O.N. DE0005858005 26 HDD HEIDELBERG.DRUCKMA.O.N. DE0007314007 27 HEI HEIDELBERGCEMENT ST O.N. DE0006047004 28 HEI1 HEIDELBERGCEMENT NEUE DE0006047012 29 HNR1 HANN.RUECKVER.AG NA O.N. DE0008402215 30 HOT HOCHTIEF AG DE0006070006 31 IKB IKB DT.INDUSTRIEBANK O.N. DE0008063306 32 IVG IVG IMMOBILIEN AG O.N. DE0006205701 33 IWK IWKA AG O.N. DE0006204407 34 KAR KARSTADT QUELLE AG O.N. DE0006275001 35 KRN AG DE0006335003 36 KRN3 KRONES AG VZO O.N. DE0006335037 37 LEO LEONI AG NA O.N. DE0005408884 38 MDN MEDION AG O.N. DE0006605009 39 MGT MG TECHNOLOGIES AG DE0006602006 40 MRK MERCK KGAA O.N. DE0006599905 41 NDA NORDDT.AFFINERIE O.N. DE0006766504 42 PSM PROSIEBENSAT.1 O.N.VZO DE0007771172 43 PUM PUMA AG DE0006969603 44 RHK RHOEN-KLINIKUM AG DE0007042301 45 RHK3 RHOEN-KLINIKUM VZO O.N. DE0007042335 46 RHM RHEINMETALL AG DE0007030009 47 RHM3 RHEINMETALL AG VZ. DE0007030033 48 SAZ STADA ARZNEIMITT.VNA O.N. DE0007251803 49 SDF K+S AG O.N. DE0007162000 Page 6 March 19, 2003

Instrument group: MDX1 Short Name ISIN 50 SGL SGL CARBON AG O.N. DE0007235301 51 SKB KOENIG + BAUER AG ST O.N. DE0007193500 52 SRZ SCHWARZ PHARMA AG O.N. DE0007221905 53 SZG SALZGITTER AG O.N. DE0006202005 54 SZU SUEDZUCKER MA./OCHS. O.N. DE0007297004 55 TGH THIEL LOGISTIK AG LU0106198319 56 TNH TECHEM O.N. DE0005471601 57 TPL TELEPLAN INT. NV EO-25 NL0000229458 58 VOS AG O.N. DE0007667107 59 WAD WELLA AG ST DE0007765604 60 WAD3 WELLA AG VORZ. DE0007765638 61 WCM WCM BET.-U.G. O.N. DE0007801003 62 ZPF ZAPF CREATION AG O.N. DE0007806002

Instrument group: SDX1 Short Name ISIN 1 ACG ACG ADV.COMP.GRP DE0005007702 2 AGV AGIV REAL ESTATE O.N. DE0006911324 3 ARE AIG INTERNAT. REAL NA DE0006344211 4 AVA AVA AG O.N. DE0005088504 5 BAD BALDA AG O.N. DE0005215107 6 BSK BHW HOLDING AG O.N. DE0005223903 7 BSY BOEWE SYSTEC AG O.N. DE0005239701 8 CEW2 CE CONSUMER ELECTR.O.N DE0005082226 9 COM COMDIRECT BANK AG DE0005428007 10 CWC COLOR HOLDING O.N. DE0005403901 11 DBA DT.BETEILIG.AG O.N. DE0005508105 12 DDE DIS DEUT.IND.SERV.O.N. DE0005016901 13 DEZ DEUTZ AG O.N. DE0006305006 14 DEZ1 DEUTZ DE0007474579 15 DRN DAB BANK AG DE0005072300 16 DUE DUERR AG O.N. DE0005565204 17 ESC ESCADA AG O.N. DE0005692107 18 ETV EM.TV+MERCHANDI.O.N. DE0005684807 19 FIE FIELMANN AG O.N. DE0005772206 20 FPE FUCHS PETROL.AG O.N. DE0005790406 21 FPE3 FUCHS PETROL.AG VZO O.N. DE0005790430 22 GFK GFK AG O.N. DE0005875306 23 GIL GILDEMEISTER AG O.N. DE0005878003 24 GLJ GRENKELEASING AG O.N. DE0005865901 25 GRO GERICOM AG AT0000729108 26 GWI GERRY WEBER INTERNAT.O.N. DE0007761504 27 HAW HAWESKO HOLDING AG SVG DE0006042708 28 HBH3 HOLD.VZO O.N. DE0006083439 29 HBM HORNBACH-BAUMARKT O.N. DE0006084403 30 HLGD HIGHLIGHT CMNCTS DZ 1/10 DE0009203059 31 HST HOLSTEN-BRAUEREI AG O.N. DE0006081003 32 INH INDUS HOLDING AG DE0006200108 33 JUN3 AG O.N.VZO DE0006219934 Page 7 March 19, 2003

Instrument group: SDX1 Short Name ISIN 34 KLK KLOECKNER-WERKE O.N. DE0006780000 35 KPG KOLBENSCHMIDT PIERB.O.N. DE0007037905 36 LOE LOEWE AG O.N. DE0006494107 37 LOI D. LOGISTICS AG O.N. DE0005101505 38 MAV MANNHEIMER AG HOL.O.N.VNA DE0008428004 39 MED MEDICLIN AG DE0006595101 40 MPC MPC MUENCH.PET.CAP.O.N. DE0005187603 41 MVV MVV ENERGIE AG O.N. DE0007255903 42 PFD4 PFLEIDERER AG DE0006764749 43 PHO PHOENIX AG O.N. DE0006031008 44 RAA RATIONAL AG DE0007010803 45 SAR SAUER-DANFOSS INC. DL-,01 US8041371076 46 SIX2 AG ST O.N. DE0007231326 47 SIX3 Sixt AG DE0007231334 48 TEG TAG TEGERNSEE IMMOB. DE0008303504 49 TEGJ TEGERNSEE DE0007474652 50 TTK TAKKT AG O.N. DE0007446007 51 USE BEATE UHSE AG DE0007551400 52 VIB3 VILLEROY + BOCH AG VZ DE0007657231 53 VVM VIVA MEDIA NA O.N. DE0006171069 54 WET W.E.T.AUTOM.S.AG O.N. DE0005081608