German Values Property Group AG

Capital/Financing Update • Feb 6, 2006

News Details

Ad-hoc | 6 February 2006 16:45

Travel24.com AG: Balance sheet clean-up sought after

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Munich – February 6th, 2006 – Management Board and Supervisory Board of Travel24.com AG have decided to buy back convertible bonds issued in 2003 under ISIN DE000A0JCCE3 for an amount of up to EUR 0.78m. Through the intended redemption of bonds, which is limited in time and expires on February 18th, the company intends to reduce its debt. The redemption price being far below nominal value will result in extraordinary income as well as in a reduction in yearly interest charges. (c)DGAP 06.02.2006 ————————————————————————— 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 —————————————————————————