German Values Property Group AG — Capital/Financing Update 2006

Feb 13, 2006

News Details

Ad-hoc | 13 February 2006 11:10

Travel24.com: redemption of convertible bonds completed

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Munich – February 13th 2006 – Travel24.com AG has completed the redemption of convertible bonds issued under ISIN DE000A0JCCE3 ahead of schedule. Convertibles in an amount of EUR 2.15m were bought back. The purchase price was covered through the back-to-back resale under adjusted terms through which Travel24.com AG will post extraordinary income amounting to EUR 1.1m. Liabilities will be reduced by EUR 2.15m through the redemption. In addition, this measure will result in a sustained reduction in interest expenses of EUR 0.3m p.a. (c)DGAP 13.02.2006 ————————————————————————— language: English emitter: 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 indexes: stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————