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Capital: €3,200,000 Hrb 4 May 2005 German Trade Register Announcements, Germany (26/04/2005)

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VEM Aktienbank AG, Munich (
Unnamed street ??, 80331 München, Germany
). On the basis of the authorisation granted by the Annual General Meeting of May 18, 2004, the increase in the share capital by EUR 265,000.00 to EUR 3,200,000.00 has been carried out. By resolution of the Supervisory Board of April 6, 2005, the Articles of Association have been amended to Sections 4 (height and division of capital) and 5 (Authorized Capital). The Authorized Capital of May 18, 2004 (Authorised Capital 2004/I) amounts to EUR 550,000.00 after partial exhaustion. Unregistered: 265,000 new Inh.stück shares will be issued at the issue price of 1,- EURO each.

This filing was translated from German to English. The filing refers to a past date, and does not necessarily reflect the current state. The latest known state is available on the following page: Dero Bank AG, Munich, Germany.