Hamburg – 26 February 2007. Max Bahr will back out of the purchasing cooperation with Hellweg. To this effect, the company agreement for Diyco Einkaufsgesellschaft mbH founded in late 2005 is terminated with due notice as of 29 February 2008.

This decision was taken by the new Management Board and the Shareholders’ Meeting of Max Bahr Holzhandlung GmbH & Co. KG after thorough examination of the respective contract documents. For the purchasing function of Max Bahr, this will open up better opportunities for cooperation with the purchasing organization of the Praktiker Group.

To be able to fully leverage the synergy effects in purchasing ensuing from the new group affiliation, Max Bahr will also fully draw on the tried and tested Praktiker organization for imports from the Far East and abandoned its plan to establish a separate import organization in Shanghai.