The Register Court today informed BHW Holding AG that the resolution passed at the BHW Holding AG Annual General Meeting on July 21, 2006 - transfer of all shares of minority shareholders to Deutsche Postbank AG against an appropriate cash settlement - has been entered into the Commercial Register of BHW Holding AG. With the entry, the resolution to transfer shares of minority shareholders to Deutsche Postbank AG becomes effective. With the transfer resolution entry, the minority shareholders of BHW Holding AG move out of BHW Holding AG. In line with the law, their shares are transferred to Deutsche Postbank AG. BHW Holding AG will thus apply for the discontinuation of BHW Holding AG share listing and initiate official proceedings to revoke the authorization to trade BHW Holding AG shares.