German Values Property Group AG — Capital/Financing Update 2006

May 19, 2006

News Details

Ad-hoc | 19 May 2006 00:31

Travel24.com AG: Share capital decrease

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Munich – Mai 19th, 2006 – Due to yet another loss amounting to more than half of its share capital, Travel24.com AG has decided to recommend to this year’s Annual General Meeting to carry out a simplified share capital decrease. This measure is aimed at a continuation in the recapitalization of the company. Management and Supervisory Board will suggest to the Annual General Meeting taking place in June 2006 to reduce the share capital in accordance with §§ 229 ff. AktG by ca. € 700,000.00 and to carry out a reverse split at a ratio of 5 : 3. Contact: Travel24.com AG Investor Relations Sabine Fey Motorstraße 56 80809 München Tel.: +49 (0) 89 25 007 1012 Fax: +49 (0) 89 25 007 1021 mailto:ir@travel24.com www.travel24.com Urlaub zum Greifen nah. (c)DGAP 19.05.2006 ————————————————————————— Language: English Issuer: Travel24.com AG Motorstraße 56 80809 München Deutschland Phone: +49 (0)89 25007-1012 Fax: +49 (0)89 25007-1021 email: ir@travel24.com WWW: www.travel24.com ISIN: DE000A0FAP75 WKN: A0FAP7 indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————