15.02.2006 Umplatzierung

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Change to GFT Technologies AG shareholding structure

Deutsche Bank reduces holding in GFT to below five percent/Strategic partnership strengthened/KST Beteiligungs AG now holds 7.06 percent

St. Georgen, 16 February 2006 - GFT Technologies AG (GFT), one of Europe's leading suppliers of innovative IT solutions, announced today an alteration to their shareholding structure. Deutsche Bank has informed GFT Technologies AG that it has reduced its stake in GFT to below five percent. In the course of the restructuring, KST Beteiligungs AG (KST) has acquired shares from Deutsche Bank and increased its holding to 7.06 percent. Further shares were bought by international institutional investors.

"As part of our strategy to focus on Deutsche Bank's core business areas, we decided to reduce our holding in GFT," explained Hermann-Josef Lamberti, member of the Management Board of Deutsche Bank. "We intend to continue our successful partnership with GFT whereby they act as a strategic partner, developing applications and maintaining our software systems."

"Deutsche Bank has been a dependable partner and an important client to us for many years. As we are an innovative IT partner to Deutsche Bank, we shall continue to pursue a range of interesting projects together," said Ulrich Dietz, Chairman of GFT AG's Executive Board, of the decision taken by the company who had been a large shareholder. "The transaction will increase the significance of KST Beteiligungs AG as a GFT shareholder. KST currently owns a 7.06 percent stake. We welcome our new investors and are delighted with the faith that they have placed in GFT. KST is a dynamic, expanding company whose main area of interest lies in investments in Southern Germany."

GFT Technologies AG's new shareholding structure is: Ulrich Dietz 26.04 percent, Maria Dietz 9.67 percent, KST Beteiligungs AG 7.06 percent, others 57.23 percent.

	GFT Technologies AG Leopoldstraße 1 78112 St. Georgen Germany Andrea Wlcek Manager Investor Relations T +49 7724 9411-410 F +49 7724 9411-883
	andrea.wlcek@gft.com