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PAION AG
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Corporate calendar 2005

Date

Event/Report

21. November 2005

Analyst Presentation at German Equity Forum Fall 2005, Frankfurt (Germany)

10. November 2005

Publication of the financial results for the 3rd quarter / first nine months 2005

28. July 2005

Publication of the financial results for the 2nd quarter 2005 and the 1. half year 2005

29. June 2005

Annual General Meeting, Aachen, Germany

10. May 2005

Publication of the financial results for the 1st quarter 2005 at the analyst conference IPMC, Frankfurt (Germany)

March 2005

Publication of the financial results 2004