United Internet AG

Share Issue/Capital Change • Jun 23, 2006

News Details

Corporate | 23 June 2006 12:46

United Internet implements stock split

Corporate news transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— United Internet implements stock split: Capital stock quadrupled to EUR 249.1 million, bonus shares to be issued in 1:3 ratio Montabaur, June 23, 2006. United Internet AG (Elgendorfer Str. 57, 56410 Montabaur, ISIN: DE 000 508 903 1) carried out a capital increase from company funds and will issue bonus shares to its shareholders in a 1:3 ratio on Monday, June 26, 2006. The allocation is based on a resolution to raise the company’s capital stock from company funds, which was adopted by the Annual Shareholders’ Meeting on June 13, 2006 and entered into the Commercial Register on June 21, 2006. Capital stock was increased by EUR 186,825,603.00, from EUR 62,275,201.00 to EUR 249,100,804.00, by converting part amounts from capital reserves, revenue reserves and the addition to revenue reserves from retained earnings. The capital increase involved the issue of 186,825,603 new shares. This new division of capital stock has increased the number of company shares from 62,275,201 to 249,100,804. The allocation of bonus shares to existing shareholders will be based on holdings of United Internet shares on Friday, June 23, 2006, at market closing. The transition will be effected automatically and free of charge and will result in a fourfold increase in the stock of United Internet shares in shareholders’ securities accounts. The 186,825,603 new shares are available for trading at the opening of today’s market. The share price will be adjusted immediately and in relation to the numerical increase in shares following the split. The new shares will be entitled to dividend payments from fiscal year 2006 onward and will be listed under the company’s existing ticker symbol and securities identification numbers. With over 5.3 million customer contracts, United Internet AG is one of the leading Internet Service Providers (ISP). In its “Product” segment, the Group’s value-added internet services and fast internet connections are directed at private users, small/home offices (SoHos) and small to mid-size enterprises (SMEs). These groups are served by the brands GMX, WEB.DE, 1&1 and Schlund+Partner. In addition to its “Product” business, the Group is also engaged in “Outsourcing” (via the brands InterNetX and twenty4help) as well as “Online Marketing” (AdLINK, affilinet and Sedo). Contact partner: Marcus Schaps United Internet AG Press spokesman Phone: +49 2602/96-1076 Fax: +49 2602/96-1013 E-mail: mschaps@united-internet.de (c)DGAP 23.06.2006 ————————————————————————— Language: English Issuer: United Internet AG Elgendorfer Straße 57 56410 Montabaur Deutschland Phone: +49 (0)260 296-1631 Fax: +49 (0)260 296-1013 email: Investor-Relations@United-Internet.de WWW: www.United-Internet.de ISIN: DE0005089031 WKN: 508903 indices: TecDAX Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service —————————————————————————