Performance of Wincor Nixdorf stock compared to the MDAX
and the MSCI World Index for the period October 1, 2005 through March 31, 2006:

In the first three months of 2006 the German stock market continued last year’s upward trend. With a 30.0% rise during the period under review (October 2005 until March 2006), Wincor Nixdorf shares outperformed the MDAX which improved 22.0%. The shares reached their all-time high of € 110.00 at the beginning of March to finish the first half at € 104.00.