Press release 25.04.2006

GFKL places promissory note bond for 100 million euros

Essen, 25 April 2006 - GFKL Financial Services AG has placed an unsecured promissory note bond with a volume of 100 million euros with 21 national and international banks. The emission, with a term of four years, was arranged by WestLB AG.

This transaction will give GFKL additional scope for financing its expansionary policy. Projects for which GFKL will use the inflow of funds include the purchase of leasing companies as part of its European growth strategy, the takeover of service companies for the strategic supplementation of its collection and software business areas, and the acquisition of portfolios consisting of non-performing loans.


About GFKL Financial Services AG

GFKL Financial Services AG, Essen, was founded in 1992 as a leasing company, and in recent years has developed to become a specialist provider in the finance and IT sectors. With its wide range of solutions GFKL holds a USP in the German market. The company supplies services and software in the credit, collection, software and systems sectors. Based on its years of experience as a financial services company, GFKL is able to assist its clients in financing investments, organizing processes and implementing measures for safeguarding liquidity during every phase of the business process. The GFKL Group employs approximately 2,000 personnel and expects consolidated revenues to exceed one billion euros during the current business year.

Media Conatct

GFKL Financial Services AG
Corporate Communications
Sven Kamerar
Limbecker Platz 1
D-45127 Essen

Phone: +49 (0201) 102-1192
E-Mail: pr(at)gfkl.com