Deutsche Lufthansa AG — M&A Activity 2005

Apr 8, 2005

News Details

Ad-hoc | 8 April 2005 19:10

Deutsche Lufthansa: Take Over Bid for Amadeus Global Travel Distribution S.A.

Ad hoc announcement §15 WpHG M&A Deutsche Lufthansa: Take Over Bid for Amadeus Global Travel Distribution S.A. Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ad hoc disclosure pursuant to section 15 of the German Securities Trading Act (Wertpapierhandelsgesetz) Lufthansa: Take Over Bid for Amadeus Global Travel Distribution, S.A. (“Amadeus”) Lufthansa will sell its equity share of 5.1% in Amadeus Global Travel Distribution, S.A. to WAM Acquisition S.A. (“WAM”). Together with Air France, Iberia as well as Amadelux Investment, S.A. Lufthansa is a shareholder of the newly established company WAM. Today, WAM has applied for the approval of a take over bid for 551,974,515 Class A Shares in Amadeus at a purchase price of 7.35 Euro per share at the Spanish Securities Market Commission. The validity of the take over bid requires the acceptance of at least 428,796,291 Class A Shares, corresponding to 77.68 % of the Class A Shares. The Airlines and Amadelux intend to delist Amadeus from the relevant stock exchanges in case of a successful take over bid. In case of a successful take over bid the referenced airlines will continue to hold an indirect interest in Amadeus through WAM. Lufthansa will hold up to 11.7 % of the voting rights in WAM. This transaction is likely to close during the 2. quarter of 2005. From this transaction Lufthansa expects sales revenues of approximately 200 Mio. Euro, approximately 100 Mio. Euro of which will be invested into the newly established company WAM. Under this transaction it is expected to realize book profits in the amount of approximately 170 Mio. Euro. Antitrust approvals for the take over bid have been granted. Deutsche Lufthansa AG Investor Relations 60546 Frankfurt Ulrike Schlosser, tel. +49 69 696-90997, fax +49 69 696-90990 Email: investor.relations@dlh.de April 8, 2005 Deutsche Lufthansa AG Von-Gablenz-Str. 2-6 50679 Köln Deutschland ISIN: DE0008232125 (DAX) WKN: 823212 Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; Eurex End of ad hoc announcement (c)DGAP 08.04.2005 081910 Apr 05