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Deutsche Wohnen SE Capital/Financing Update 2008

Jun 18, 2008

113_rns_2008-06-18_0a5d1ea5-3727-4967-8acc-8b648c6c3538.html

Capital/Financing Update

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News Details

Ad-hoc | 18 June 2008 19:25

Deutsche Wohnen AG: Disposal of cable business subsidiary AKF

Deutsche Wohnen AG / Disposal

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.


Subject to the approval of the responsible antitrust authority Deutsche
Wohnen AG, Frankfurt, is selling its subsidiary AKF-Telekabel TV und
Datennetze GmbH, including AKF’s subsidiaries and participations, to
Versatel AG. By the sale Deutsche Wohnen AG will abandon its cable business
and thereby continues to focus on its core business residential properties.

By of this transaction Versatel is buying 100% of the shares in
AKF-Telekabel TV und Datennetze GmbH from Deutsche Wohnen AG for a purchase
price of € 30 m including the assumption of liabilities.
18.06.2008 Financial News transmitted by DGAP


Language: English
Issuer: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Deutschland
Phone: +49 (0)30 89796 547
Fax: +49 (0)30 87986 509
E-mail: [email protected]
Internet: www.deutsche-wohnen.de
ISIN: DE000A0HN5C6, DE0006283302
WKN: A0HN5C, 628330
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service