The following analysts have research reports on JoWooD Productions Software AG:

Euro Invest Bank AG
Mag. Johann Wanovits
CEO and Chief Analyst
Grüngasse 16/6
A-1050 Vienna
first publication: April, 27 2007

CdC Capital AG
Maximilian J. Brandl
Analyst und Chefredakteur
Innere Wiener Str. 11A
D-81667 München
first publication:  May, 12 2005

Important Notice – Disclaimer
JoWooD Productions Software AG provides as a service the equity research reports of selected Austrian banks. This service is subject to revocation and is provided without comment by us. We, in particular, have neither verified if the content of the portrayed information is correct nor accurate nor complete. Therefore we can and will not assume any liability and/or responsibility for the content. The content is solely of an informative character; it should at no time be misunderstood as an advice, recommendation, demand or invitation to buy or sell securities, money market instruments, derivatives or any other financial product or financial service. We alert you that stock transactions inherit risks, which demand for professional advisory service. Therefore, before making any kind of transaction please consult the bank of your reliance. Please note that if there is any difference between the English and the German version of this disclaimer the German version shall prevail.