Amended Announcement pursuant to Article 10 WpÜG (German Securities Acquisition and Takeover Act)
Thiel Logistik AG made the following annoucement on 17 Oktober 2002:
Thiel Logistik AG intends to submit to the minority shareholders of Microlog Logistics AG a voluntary public purchase bid at the price of EUR 16.50 per share of Microlog Logistics AG. The offer can contain conditions, such as the achievement of a minimum acceptance threshold. This was preceded by the acquisition of 4,101,003 shares of Microlog Logistics AG from DELTON AG, which corresponds to 67.8 % of the share capital of Microlog Logistics AG. The acquisition resulted from a contribution of the shares of Microlog Logistics AG in a capital increase and a purchase of further shares of Microlog Logistics AG, and the purchase of a claim for the re-transfer of 20,000 Microlog shares under a securities loan. The acquisition was part of a restructuring within a group of companies. Thiel Logistik AG has therefore on its application been exempted by the Federal Financial Services Regulator from the obligation to make a mandatory offer to the remaining shareholders. Thiel Logistik AG additionally announces: The offer document will be published at www.thiel-logistik.com after the approval of its publication by the Federal Financial Services Regulator.