Reference Prices for WestLB Plus-Bond VI Determined
For the WestLB Plus-Bond VI, the reference price of each stock contained in the basket was determined on the basis of the closing prices on November 17, 2003.
| Reference Price | Sec. No. | ISIN Code | |
| BMW AG | € 36.41 | 519000 | DE0005190003 |
| ING Groep N.V. | € 17.90 | 881111 | NL0000303600 |
| L’Oréal S.A. | € 62.70 | 853888 | FR0000120321 |
| Intel Corporation | USD 32.24 | 855681 | US4581401001 |
| Toyota Motor Corporation | JPY 3,350.00 | 853510 | JP3633400001 |
As with the previous PLUS-Bond issues, the PLUS-Bond VI offers a fixed interest rate of 2.10% p.a. and the prospect of an additional interest bonus. If on November 14, 2008 (determination date) all stocks trade above their reference prices determined on November 17, 2003 (record date), the smallest rise in value in percentage terms among the five basket stocks will be paid on the nominal value. Interest will be paid for the period from November 21 (including) of each year until November 21 (excluding) of the following year. The bond will be repaid at par on November 21, 2008 (maturity date).The certificates will be listed on the Düsseldorf, Frankfurt (Smart Trading) and Stuttgart (EUWAX) Stock Exchanges ("Freiverkehr").