1&1 AG — M&A Activity 2008

Dec 4, 2008

News Details

Ad-hoc | 4 December 2008 17:28

Drillisch AG: Merger of Subsidiaries, Uncovering of Silent Reserves of approximately EUR 140 million

Drillisch AG / Merger/Miscellaneous

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

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Drillisch AG: Merger of Subsidiaries, Uncovering of Silent Reserves of
approximately EUR 140 million

Maintal, 4 December 2008: For purposes of streamlining its group wide
organisational structure, Drillisch AG (ISIN DE0005545503) has today
decided to merge its subsidiaries Telco, Victorvox and Alphatel into
another subsidiary named McSim.

This measure will on the level of Drillisch AG result in the uncovering of
silent reserves amounting to approximately EUR 140 million which will have
a positive effect on the annual result of Drillisch AG for 2008 also being
relevant to distributions, if any.

The aggregate valuation of the subsidiaries to be merged into McSim now
amounts to approximately EUR 215 million, following a current book value of
EUR 75 million.

Maintal, 04 December 2008

Drillisch AG

Executive Board

Contact:
Oliver Keil
Head of Investor Relations
Mail: ir@drillisch.de

04.12.2008 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: ir@drillisch.de
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

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