Equity interest in IWKA Aktiengesellschaft held by Landesbank Baden-Württemberg

5% threshold for voting rights exceeded

20 December 2004

On December 20, 2004, Landesbank Baden-Württemberg notified IWKA Aktiengesellschaft in a letter dated December 17, 2004 that its voting power in the company, including additional voting rights as defined by section 22 (1) sentence 1 no. 1 of the WpHG (German Securities Trading Act), exceeded the threshold of 5% on December 15, 2004 and now amounts to 5.11%.


Karlsruhe, December 20, 2004

The Executive Board

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