(September 02, 1999)
Hamburg, 2. September 1999.
At a ceremony on 1 September 1999 for the yearly manager magazin award "The best annual report", Hawesko Holding AG's (HAWG.F, 604270) 1998 annual report was named the best in the class of initial public offerings. Out of approximately 70 candidates, Hawesko's annual report distinguished itself by its graphic design, use of language and informational content. The complete list of results will be published in the October issue of the German business monthly manager magazin. Hawesko Holding AG is Germany's leading seller of premium wines and champagne. With three distribution channels - mail-order (HAWESKO), wine stores (Jacques' Wein-Depot) and wholesale (CWD) - the Group achieved net profit of DM 20.3 million on sales of DM 303.0 million in 1998 with 353 employees.