Stuttgart, 4 April 2011 – The Executive Board of GFT Technologies AG has been informed about the placement of shares formerly held by the AvW Group. The shares were purchased in full by institutional investors in Germany in the course of a structured transaction. “We are delighted that the shares have now been successfully placed with investors who have known GFT for many years,” says GFT’s CEO Ulrich Dietz who welcomes the transaction. “The past year was particularly successful for the GFT Group and this is reflected in our share price performance. The strong interest in the placement has shown that the GFT share is regarded by the capital market as a safe and attractive investment.”

The placement volume corresponds to 4.74 percent of the company’s total 26,325,946 no-par value shares. Following the transaction, the AvW Group no longer holds any voting rights in GFT Technologies AG, whose shareholder structure remains stable: 28.46 percent are still held by the company’s founder Ulrich Dietz. Maria Dietz owns 9.68 percent of shares. Former GFT Supervisory Board member Dr. Markus Kerber holds 5,00 percent of voting rights. The free float portion accounts for 56.86 percent of shares.

“By purchasing these share packages, institutional investors have demonstrated their trust in the GFT share,” states Ulrich Dietz. “The capital market has recognised the strength of GFT. With our portfolio of products and services, we are excellently positioned and will continue to pursue our course for sustainable growth.”