Contents of this page

Key data of ThyssenKrupp stock
* proposal to Annual General Meeting; incl. special dividend of €0.10 per share ** weighted average of outstanding shares
			2002/2003		2003/2004		2004/2005
Capital stock	million €		1,317		1,317		1,317
Number of shares (total)	million shares		514.5		514.5		514.5
Stock exchange value end September	million €		5,927		8,072		8,936
Closing price end September	€		11.52		15.69		17.37
High	€		13.62		17.67		17.39
Low	€		7.01		11.55		13.89
Dividend per share	€		0.50		0.60		0.80 *
Dividend total	million €		249		299		399 *
Dividend yield	%		4.3		3.8		4.6
EPS	€		1.09		1.81		2.05
EPS from continuing operations	€		1.18		1.67		1.17
Number of shares **	million shares		507.7		498.0		498.6
Trading volume (daily average)	million shares		2.8		2.5		3.3

Steel cycle determines share price performance

The performance of ThyssenKrupp's stock in the reporting year was mainly influenced by uncertainty over the further course of the steel cycle. The implementation of our strategy – in particular the completion of the Divest 33+ portfolio optimization program and the improvement of our operating performance – was not yet fully reflected in our share price at September 30, 2005. Overall ThyssenKrupp's stock did not grow to the same extent as the DAX and DJ STOXX reference indices. At September 30, 2005 the share price closed at €17.37, just under 11% higher than a year earlier. In the same period the DAX gained 29.5% and the DJ STOXX 28.3%. Further details of the share price performance are shown in the charts in this section.

Highs and lows of ThyssenKrupp stock in €

Performance of ThyssenKrupp stock in comparison indexed, Sept. 30, 2004 to Sept. 30, 2005, in %

Market capitalization increased slightly against the previous year by €864 million to €8,936 billion.

Market capitalization of ThyssenKrupp AG in million €

ThyssenKrupp stock master data
			Securities identification number
Stock exchange
Germany	Frankfurt (Prime Standard), Düsseldorf		DE 000 750 0001
United Kingdom	London Stock Exchange		5636927
Symbols
Stock exchange	Frankfurt, Düsseldorf		TKA
	London		THK
Reuters	Frankfurt Stock Exchange		TKAG.F
	Xetra trading		TKAG.DE
Bloomberg			TKA GR

Stock market listing in Germany and the United Kingdom

ThyssenKrupp stock has been listed on the Frankfurt, Düsseldorf and London stock exchanges since March 25, 1999.

Liquidity increased in fiscal year 2004/2005. Some 840 million ThyssenKrupp shares were traded on the German stock exchanges including the Xetra trading system, almost 30% more than the year before. The capital stock of ThyssenKrupp AG was thus turned over 1.6 times in the fiscal year. The average daily volume was 3.3 million shares. Trading in ThyssenKrupp stock accounts for 1.5% of the total DAX 30 trading volume.

Inclusion in an index has a positive influence on the perception of a stock on the capital market. The portfolios of numerous investors reflect the composition of an overall index or just one sector index. ThyssenKrupp stock is included in major indices in Germany and also in Europe. These include principally the German DAX index of leading shares, the European DJ STOXX index family and the associated sector indices. Furthermore, our stock is included in the calculation of the DJ Germany Titans, the FT EuroTop 300 and various MSCI indices.

Since March 2005 ThyssenKrupp has also been included in the DivDAX introduced by Deutsche Börse. This index contains the 15 DAX companies with the highest dividend yield.

Earnings per share €2.05

Earnings per share (EPS) is calculated by dividing the Group's net income by the weighted average of outstanding shares. In fiscal year 2004/2005 the number of shares outstanding averaged 498.6 million. On this basis, EPS was €2.05.

Dividend proposal of €0.80 per share

A proposal will be submitted to the Annual General Meeting on January 27, 2006 to increase the dividend for fiscal year 2004/2005 by €0.10 and pay out €0.70 per share. On top of this there will be a special dividend of €0.10 per share as a result of the virtually completed divestment program. Based on the stock price of €17.37 on September 30, 2005, the dividend yield is 4.6%. The payout ratio is 43% of the net income of ThyssenKrupp AG and 39% of consolidated net income.

ThyssenKrupp AG dividend payment in €

Capital stock unchanged

The capital stock remains unchanged at €1,317,091,952.64 and consists of 514,489,044 no-par value bearer shares. The shares are evidenced in global certificates. The right of shareholders to certification of their shares is excluded under the Company's Articles of Association. Under Art. 19 of the Articles of Association of ThyssenKrupp AG, each share grants one vote.

Good response to employee share program

Employees in Germany had a third opportunity to acquire ThyssenKrupp shares at special conditions. Once again, the offer to purchase ThyssenKrupp employee shares at half price met with a very good response. With over 40,000 entitled employees purchasing a total of some 722,000 ThyssenKrupp shares, the participation rate was 47%.

The price of the employee shares in Germany depended on the price of ThyssenKrupp stock on June 01, 2005: the shares were sold on the basis of the lowest price quoted by 1 p.m. on this date in the Xetra trading system of the Frankfurt Stock Exchange. This price was €14.81. As a result each share package purchased comprised 18 shares and was worth €266.58, to which the participating employees were only required to contribute half, i.e. €133.29.

In spring 2005 the offer of employee shares in France became the first employee share program to be issued outside Germany. Some 8,500 employees from 20 French subsidiaries had the opportunity to participate. The participation rate was again 47%. In France, too, the employer contributed 50% to the purchase price. For more information on the employee share program in Germany and abroad, turn to "One out of two employees now shareholders".

More stockholders outside Germany

At September 30, 2005 ThyssenKrupp conducted a detailed analysis of its stockholder structure for the third year in succession. The findings obtained will form the basis for planning our future investor relations program, in particular for example for selecting our roadshow destinations.

ThyssenKrupp has a generally very stable and broad-based stockholder structure. The share of private investors increased slightly to 22%. The share of institutional investors and investors with major holdings is thus 78%.

In the core regions of importance to ThyssenKrupp – Germany, the United Kingdom and the USA – there were only minor shifts. Stockholders in the USA slightly increased their share of the capital stock to 5.5% altogether. The picture is similar in Europe. In individual countries such as Italy, Spain, Denmark and Luxembourg, interest in ThyssenKrupp's stock increased significantly. Stockholders in Switzerland (2.1%) and France (1%) sustained their investment. Overall the share of foreign stockholders increased to almost 25%. Stockholders based in Germany hold around 75% of the capital stock.

The largest stockholder is the Alfried Krupp von Bohlen und Halbach Foundation, Essen, which holds 20.6% of the voting rights in ThyssenKrupp AG.

ThyssenKrupp AG also holds treasury shares in the amount of 2.98% of the capital stock (15,339,893 shares). These shares were acquired under Art. 71 par. 1 No. 1 of the Stock Corporation Act (AktG) in fiscal year 2002/2003. ThyssenKrupp AG has no rights in respect of these shares.

The free float, which is generally taken into account in the weighting of ThyssenKrupp stock in the indices, is 79.4% of the capital stock.

Award-winning investor relations

ThyssenKrupp maintained its place in the leading group of investor relations departments in Germany. In the DAX category of Capital magazine's investor relations award, ThyssenKrupp won third prize once again this year. The prize recognizes the quality, credibility and speed of investor relations work and corporate governance.

In fiscal year 2004/2005 the awards received again provided an incentive to optimize our investor relations program. Above all this involved increasing our contacts with institutional investors in all regions of the world. After the four publication dates for the Annual Report and Interim Reports, we visited 29 financial centers in Europe, America and Asia on a total of 33 roadshow days. In addition, we presented ThyssenKrupp's stock and corporate strategy at 13 conferences for both institutional and private investors.

For the target group of almost 40 analysts who regularly follow the performance of ThyssenKrupp, the sell-side roadshow concept was further developed. Sell-side analysts play an important role as multipliers, as their buy, sell and hold recommendations to investors can trigger significant share-price reactions. Also in fiscal 2004/2005 we held our first Field Day, which gave analysts and institutional investors the opportunity to gain an insight into areas of the Automotive segment's operating business and to discuss the segment's strategy with the management.

Investor relations on the internet

We further expanded the investor relations website in the past fiscal year with the addition of interactive elements. New facilities include an improved portfolio calculator and an interactive analysis tool with which users can view and compare selected indicators from the past five years in table or chart form.

Our website today contains all the information investors and future stockholders need to assess ThyssenKrupp's stock. All financial reports, presentations and publications are available online and for downloading. Analysts' and investors' meetings, conference calls, the Annual Press Conference and Annual General Meeting are transmitted live in video and audio format on the Investor Relations section of the website. Information on the Annual General Meeting, roadshows and corporate governance complete the picture.

If you would like to contact the ThyssenKrupp Investor Relations team or find out about important dates in the financial calendar in the 2005/2006 fiscal year, turn to the last page of this Annual Report or visit our website at www.thyssenkrupp.com.