1&1 AG — M&A Activity 2011

May 3, 2011

News Details

Ad-hoc | 3 May 2011 21:54

Drillisch AG: Acquisition

Drillisch AG / Key word(s): Strategic Company Decision

03.05.2011 21:54

Dissemination 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.

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Maintal/Germany, dated May 3, 2011
Drillisch Aktiengesellschaft (DE 0005545503), acting through its subsidiary
company MSP Holding GmbH ('MSP'), has entered into a share purchase
agreement with Bank of America, N.A. for the acquisition of 6,440,000
ordinary registered shares (nennwertlose Namensaktien) in freenet AG,
Büdelsdorf ('freenet'), representing a participation of ca. 5.02885%, for a
purchase price of EUR 55,384,000. The completion of the share purchase,
which is subject to the competent cartel authorities' approval, will
increase the direct and indirect participation of Drillisch
Aktiengesellschaft in freenet from ca. 15.2% to ca. 20.23%. MSP will
finance the purchase price for the shares acquired from Bank of America,
N.A. by way of a financing with limited recourse along with protection from
price fluctuations.

Drillisch Aktiengesellschaft.
- The Management Board -

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

03.05.2011 DGAP's Distribution Services include Regulatory Announcements,
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Language: English
Company: 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
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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