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German Values Property Group AG Capital/Financing Update 2008

Oct 15, 2008

440_rns_2008-10-15_815fa5f9-9888-445f-9030-ceb4c2aacc7c.html

Capital/Financing Update

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News Details

Ad-hoc | 15 October 2008 10:42

Travel24.com AG: Share capital decrease

Travel24.com AG / Capital Reorganisation/AGM/EGM

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.


Munich - October 15, 2008: The Company announces that Management and
Supervisory Board will suggest a simplified decrease in share capital
pursuant to §§ 229 ss. AktG and a reverse split at a ratio of
16 : 1 at an extraordinary General Meeting scheduled to take place on
November 27, 2008, so as to offset losses. This measure is aimed at
supporting the on-going restructuring the company.


Information and Explaination of the Issuer to this News:

About travel24.com:
Travel24.com AG was formed in February 1996 and is listed on the Frankfurt
Stock Exchange (Prime Standard, ISIN: DE000A0JRWD1). The independent travel
portal offers a comprehensive programme of travel information, package
tours, flights and rental cars.

The company’s Website www.travel24.com is one of the three best known and
most popular German travel portals. In addition, the company offers last
minute special offers at www.lastminute24.com and flights at www.flug24.de
and it offers its own travel products via its new subsidiary
direkt-touristik AG.

All travel information and offers can be accessed by online multimedia
presentation and by telephone. 24 hours a day, seven days a week.
For further information please visit: www.travel24.com - Holidays at your
fingertips 24-hour service hotline: toll-free 0800-87 28 35 24
(0800-TRAVEL24)

Contact:
Travel24.com AG
Investor Relations
Romanstraße 35
80639 München
Tel.: +49 (0) 89 25 007 1015
Fax: +49 (0) 89 25 007 1021
mailto:[email protected]
www.travel24.com
Urlaub zum Greifen nah.

15.10.2008 Financial News transmitted by DGAP

Language: English
Issuer: Travel24.com AG
Romanstraße 35
80639 München
Deutschland
Phone: +49 (0)89 25007-1015
Fax: +49 (0)89 25007-1021
E-mail: [email protected]
Internet: www.travel24.com
ISIN: DE000A0JRWD1
WKN: A0JRWD
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service