DGAP-DD: ARQUES Industries AG english



Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Vorderwülbecke
First name: Dr. Martin
Company: ARQUES Industries AG

Position: Member of a managing body

Information about the transaction with duty of notification

Description of the financial instrument: Call option
ISIN/WKN of the financial instrument: DE000DB2S581
Type of transaction: Purchase
Date: 23.01.2008
Price: 0.050
Currency: EUR
No. of items: 120000
Total amount traded: 6000
Place: Frankfurt

Description of the derivative

Description of the underlying instrument: Bearer Share
Underlying (WKN/ISIN): DE0005156005
Price multiplier: 100
Strike price: 30.00
Currency: EUR
Expiration date: 13.06.2008

Information about the company with duty of publication

Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg
Deutschland
ISIN: DE0005156004
WKN: 515600


End of Directors' Dealings Notification (c) DGAP 24.01.2008 

Financial News transmitted by DGAP
ID 5099