Wachenheim/Warsaw. Within the scope of the initial public offering of Am-bra S.A., Warsaw, a 100 percent subsidiary of Sektkellerei Schloss Wachenheim AG, the issue price has been set at 9.50 Zloty (equating to 2.32 Euros), within the bookbuilding span, on June 7, 2005. As a capital-raising move, Ambra will be issuing 6.3 million shares to private and institu-tional investors. Investors can subscribe for the stock on the Warsaw stock exchange from June 8 through 10, 2005. Ambra is expecting this transac-tion to yield 59.85 million Zloty (14.5 million Euros). Initially, Sektkellerei Schloss Wachenheim AG plans to abstain from selling any of their own Ambra S.A. assets. After this IPO, parent company Sektkellerei Schloss Wachenheim AG will still be holding 75.0 percent ownership of its subsidi-ary Ambra S.A.