Walldorf, January 19, 2005. On January 18, 2005, REALTECH AG sold its Australian subsidiary REALTECH Australia Pty. Ltd., Sydney, with effect from December 31, 2004, in the context of a management buy out (MBO). REALTECH will continue to operate under the same company name for the time being. The sale relates directly to the unsatisfactory income situation of REALTECH Australia and represents a step towards a profitable future for the REALTECH Group.
Contact person: Volker Hensel Investor Relations REALTECH AG, 69190 Walldorf Tel.: +49.6227.837.500 Fax: +49.6227.837.9134
