US Investor Wyser-Pratte Acquires 5% of IWKA Aktiengesellschaft's Shares

In a letter dated October 28, 2003, IWKA Aktiengesellschaft was informed that on October 27, 2003, Wyser-Pratte's interest in the company had surpassed the threshold of 5% of the voting rights

November 7, 2003

IWKA AG will publish this information on November 7, 2003 in accordance with the provisions of the Securities Trading Act.

IWKA is pleased to welcome Mr. Wyser-Pratte as a new shareholder. Mr. Wyser-Pratte's investment and that of all IWKA AG shareholders prove how highly they appreciate the company. As usual, the management of IWKA will notify all its shareholders in the same way. IWKA will continue to focus on its established path and will maintain its often publicly stated efforts to sustainably improve its profit.

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