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1&1 AG M&A Activity 2007

Dec 13, 2007

1_rns_2007-12-13_17e2f930-5a9d-47de-bddc-7dad54ea317d.html

M&A Activity

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News Details

Ad-hoc | 13 December 2007 17:07

Drillisch AG: Extraordinary Income Realized from a Contribution of freenet Shares to

Drillisch AG / Miscellaneous/Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Maintal, December 13, 2007. As a result of contributing a total of
9,680,656 freenet shares to MSP Holding GmbH, a joint venture company in
which Drillisch AG and United Internet AG, Montabaur, each hold a 50 %
interest, Drillisch AG – following today's release of such shares
previously pledged in part to BHF-BANK – realized an extraordinary income
of about € 13.8 million on a consolidated basis. In the non-consolidated
financial statement under the German Commercial Code this will result in an
extraordinary income of € 27.7 million.

In addition to the shares contributed by Drillisch AG to MSP Holding GmbH,
representing a total interest of 10.08% in freenet AG, MSP Holding GmbH
has acquired additional freenet shares in purchases over the stock exchange
as well as in off-market transactions. As a result of the contribution and
these purchases, MSP Holding GmbH now holds a total of 20.05% of the
shares carrying voting rights in freenet AG.

Drillisch Aktiengesellschaft
The Management Board

Contact:
Oliver Keil
Head of Investor Relations
Mail: [email protected]

13.12.2007 Financial News transmitted by DGAP

Language: English
Issuer: Drillisch AG
Wilhelm-Röntgen-Straße 1-5
63477 Maintal
Deutschland
Phone: +49 (0)6181 412 200
Fax: +49 (0)6181 412 183
E-mail: [email protected]
Internet: www.drillisch.de
ISIN: DE0005545503
WKN: 554550
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service