During the period under review, the company’s performance was monitored and assessed by 22 financial analysts, who regularly issued comments and recommendations relating to Wincor Nixdorf’s stock. These analysts were as follows (in alphabetical order):

Bankhaus Lampe, Berenberg Bank, BHF Bank, B. Metzler, Cazenove, Cheuvreux, Commerzbank, Deutsche Bank, Dresdner Kleinwort, DZ Bank, Fairesearch, Goldman Sachs, HSBC Trinkaus & Burkhardt, Landesbanki Kepler, LBBW, Merrill Lynch, Morgan Stanley, Nord/LB, Sal. Oppenheim Research, UBS, Unicredit, WestLB.

Based on the announcements issued pursuant to Section 21 of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG), at the end of the reporting period the following entities had a Wincor Nixdorf shareholding of a scope that requires disclosure:

• AKO Capital LLP (more than 5%)
• Fidelity Management & Research Corp. (more than 5%)
• Neuberger Bermann Inc./Lehman Brothers Holdings Inc. (more than 5%)
• Allianz SE (more than 3%)
• Capital Research and Management Company/Capital Income Builder, Inc. (more than 3%)
• New Star Asset Management Ltd. (more than 3%)
• Standard Life Investments Ltd. (more than 3%)
• Threadneedle Asset Management Ltd./Ameriprise Financial Inc. (more than 3%)

The Board of Directors and Investor Relations team presented the company’s business model at a number of investor conferences and roadshows in Germany, the United Kingdom, Belgium, Italy, Sweden and Switzerland and met up with several institutional investors.

Among the key events were the German & Austrian Corporate Conference hosted by Deutsche Bank in Frankfurt am Main on June 5, 2008, and the German Jour Fixe organized by Citigroup, London, on June 19, 2008.

An analysts’ conference call was arranged for the announcement of Wincor Nixdorfs first-half results of 2007/2008.