The Corporate Governance Rules of UMS United Medical Systems International AG

In December 2001 the Management Board and Supervisory Board of UMS United Medical Systems International AG have adopted Corporate Governance Rules, which have been set up according to the Frankfurt based working group "Grundsatzkommission Corporate Governance" anready. Herewith UMS was commited to a responsible, value-orientated management with full control of the company. The Supervisory Board, Management Board and Executive Staff of UMS have identified themselves with these Rules. In the meantime the German Corporate Governance Code is ratified. Pursuant to § 161 of the German Stock Corporation Act (AktG) the Management Board and the Supervisory Board of UMS give the following "declaration of conformity".