BRAIN FORCE Group
06.04.2006 11:10
Ad-hoc: Result of the capital increase

Following the expiration of the subscription period on 5 April 2006, the result of the capital increase is now established. 1,022,383 shares were assigned on the basis of exercised subscription rights. The exercise quota for the subscription rights was thus 20 percent.

The other shares were assigned according to the agreements with the guaranteeing investors. The capital increase was thus placed to 100 percent.

The issue of the new shares was made at a price of EUR 3.10 per share. The emission proceeds were EUR 15.9 million. The new shares are provided with a dividend entitlement from the financial year 2006.

Following the increase in capital, the share capital has a par value of EUR 15,386,742. The increase in capital und thus the change in the share capital was recorded in the Commercial Register on 6 April.

BRAIN FORCE HOLDING AG applied on 21 March 2006 for the admission of the new shares for official trading at the Vienna Stock Exchange and the regulated market at the Frankfurt Securities Exchange. The start of trading at the stock exchange is planned for 7 April 2006 in the official trading in the Prime Market Segment at the Vienna Stock Exchange and for 10 April 2006 in the regulated market in the Prime Standard Segment at the Frankfurt Securities Exchange.