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CANCOM SE Regulatory Filings 2007

May 7, 2007

71_rns_2007-05-07_c818752f-f94e-4c81-8ccc-ff62b7364060.html

Regulatory Filings

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News Details

Corporate | 7 May 2007 15:40

CANCOM IT Systeme AG sells property for € 9.525 million

CANCOM IT Systeme AG / Disposal

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


CANCOM IT Systeme AG sells property for € 9.525 million

Jettingen-Scheppach, Germany, 7 May 2007

CANCOM IT Systeme AG will be selling its corporate headquarters in
Jettingen-Scheppach, Germany, for a total of € 9.525 million to a company
of Levy Investment & Construction Ltd., Israel. The headquarters contain an
annex currently under construction, which will extend the surface area from
4,858 square metres to 8,846 square metres.

CANCOM’s link to the site is documented by the lease contract taken out for
the entire premises, to run until 2021.

The inflow of funds from the sale, amounting to approx. € 4.0 million, will
be used to redeem existing mortgage loans. A further approx. € 3.5 million
will be deployed to complete the annex under construction, which has also
been sold. The remaining approx. € 2.0 million are to increase liquidity at
CANCOM IT Systeme AG.

Please address any queries to:

Armin Blohmann
Director Corporate Communications & Corporate Affairs
CANCOM IT Systeme AG
Messerschmittstr. 20
89343 Jettingen-Scheppach
Germany

Telefon: +49 (0) 8225 / 996 1051
Telefax: +49 (0) 8225 / 996 4 1051
[email protected]
www.cancom.de

DGAP 07.05.2007

Language: English
Issuer: CANCOM IT Systeme AG
Messerschmittstraße 20
89343 Jettingen-Scheppach Deutschland
Phone: +49 (0)82 259 96-1000
Fax: +49 (0)82 259 96-41051
E-mail: [email protected]
www: www.cancom.de
ISIN: DE0005419105
WKN: 541910
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service