DGAP-News: Wirecard AG: Statement by the Management Board and Supervisory Board of Wirecard AG on the conduct of the SdK and its Board members

Wirecard AG / Statement

18.07.2008 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The Management Board and Supervisory Board of Wirecard AG hereby issue the
following statements with regard to the allegations on the part of SdK e.V.
as well as their complaint:
1. The questionnaire announced by SdK via its website on July 8, 2008 has
not been received by Wirecard AG to date. 'We are willing to answer all
questions at any time', said Dr. Markus Braun, CEO of Wirecard.
As opposed to false statements to the contrary expressed by the SdK, all
questions raised by SdK Board member Mr. Schneider at the Annual General
Meeting of Wirecard were answered in full by the company, as evidenced by
the notarially certified minutes of the Annual General Meeting.
2. SdK Board member Mr. Schneider did not show up to a meeting previously
arranged by Dr. Markus Braun, whose further attempts to connect with Mr.
Schneider remained unanswered.
3. SdK's motivation in spreading false information with a detrimental
impact on the company's stock price and allegations of evidently unresolved
issues was based on the acting Board members' own personal financial
interests. Board members of SdK have conceded to Wirecard representatives
that prior to the Annual General Meeting they have traded on derivatives on
a falling stock price of Wirecard in mid-May and, consequently, had
repeatedly entered into transactions of this kind. In addition, a
substantial volume of short selling took place. In the process, profits in
the double-digit million range are likely to have been realized.

4. Wirecard has laid a criminal charge with the Federal
FinancialSupervisory Authority and the state prosecution at the Regional
Court of Munich against the SdK, its Management Board and third-party
co-perpetrators for concerted market manipulation and insider trading.
5. A number of large stockholders of Wirecard AG are in the process of
preparing an action to claim damages amounting in the 3-digit million range
from the SdK, its management bodies and other perpetrators for the loss
sustained on account of this market manipulation.
6. The action announced by the SdK is alleged to be targeted at challenging
the resolution in favor of ratifying the actions of and discharging the
Management Board and Supervisory Board at the Annual General Meeting of
June 24, 2008. Moreover, the content of this action is not known at this
point. 'We assume that this action is merely intended as subsequent
justification for the acts mentioned above', said Dr. Markus Braun. 'The
Management of Wirecard AG has given no cause whatsoever for a action to be
brought. It is absolutely unfounded in fact.'



Wirecard AG
Iris Stöckl
Bretonischer Ring 4
D-85630 Grasbrunn
Tel.:  +49 (0) 89 4424 0424
Fax:  +49 (0) 89 4424 0524
E-Mail: iris.stoeckl@wirecard.com
Internet: www.wirecard.com




DGAP 18.07.2008 
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Language:     English
Issuer:       Wirecard AG
              Bretonischer Ring 4
              85630 Grasbrunn b. München
              Deutschland
Phone:        +49 (0)89-4424 0400
Fax:          +49 (0)89-4424 0500
E-mail:       ir@wirecard.com
Internet:     www.wirecard.com
ISIN:         DE0007472060
WKN:          747206
Indices:      TecDAX, Prime All Share, Technology All Share
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München
End of News                                     DGAP News-Service
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