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1&1 AG M&A Activity 2008

Apr 3, 2008

1_rns_2008-04-03_4f2a25f2-b2dc-4314-ae5c-0d0f0a797914.html

M&A Activity

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News Details

Ad-hoc | 3 April 2008 22:42

Drillisch AG: Re-Opening of cooperation talks

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.


Re-Opening of cooperation talks between United Internet, freenet and
Drillisch. Ad Hoc Hoc-Announcement in accordance with Section 15 WpHG:
Re-Opening of cooperation talks between United Internet, freenet and
Drillisch

Maintal, 3rd April 2008. The Drillisch AG, Maintal has reopened
today the talks regarding a strategic cooperation with freenet AG,
Büdelsdorf and United Internet AG, Montabaur which had been terminated on
November 19, 2007. As before, United Internet AG is still interested in
acquiring the internet/fixed line business and Drillisch AG is still
interested in acquiring the wireless telephone service provider business of
freenet AG. With regard thereto, the parties will enter into negotiations
of potential transactions which may also include a takeover of freenet AG
by MSP Holding GmbH which is jointly owned by United Internet AG and
Drillisch AG. United Internet and Drillisch aim at completing their
negotiations within the next two months. In the context of the current
consolidation of the telecommunication market, freenet AG is thereby
offered an alternative to the potential acquisition of debitel AG.

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

03.04.2008 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: [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