United Internet AG

Transaction in Own Shares • Jan 7, 2013

News Details

Ad-hoc | 7 January 2013 10:51

United Internet cancels 15 million treasury shares, reduces capital stock by EUR 15 million to EUR 200 million and resolves new share buyback program

United Internet AG / Key word(s): Share Buyback

07.01.2013 10:51

Dissemination 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.

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Montabaur, January 7, 2013. Based on the authorization granted by the
Annual Shareholders' Meeting of United Internet AG (ISIN DE0005089031) on
May 31, 2012 regarding the acquisition and use of treasury shares, and with
the approval of the Supervisory Board, the Executive Board today resolved
to cancel a total of 15,000,000 shares from the company's stock of treasury
shares, purchased in the course of share buyback programs, and thus reduce
the capital stock of United Internet AG by EUR 15 million, from EUR 215
million to EUR 200 million. The capital reduction is aimed at optimizing
the company's balance sheet and capital structure.

Following the cancellation of these 15,000,000 shares, United Internet will
still hold 5,662,202 treasury shares.

At the same time, capital stock will be reduced by EUR 15,000,000 from EUR
215,000,000 at present to EUR 200,000,000. The number of shares issued will
decrease correspondingly from 215,000,000 shares to 200,000,000 shares.
Issued shares will continue to represent a notional share of capital stock
of EUR 1 each. United Internet AG expects the capital reduction to become
effective as of January 8, 2013.

The Management Board of United Internet AG has also resolved to launch a
further share buyback program, which will begin once the cancellation and
capital reduction have become effective. In the course of this new share
buyback program, up to 5,000,000 company shares (corresponding to 2,50 % of
the reduced capital stock of EUR 200 million) are to be bought back via the
stock exchange. The buyback follows an authorization of the Annual
Shareholders' Meeting of May 31, 2012 to buy back shares representing up to
10 % of the company's capital stock. The authorization was issued for the
period up to November 30, 2013.

Treasury shares can be used for all purposes stated in the authorization of
the Annual Shareholders' Meeting of May 31, 2012, in particular for current
and future employee stock ownership plans and / or as an acquisition
currency, but may also be cancelled.

Contact:
Marcus Schaps
Head of Press and Public Relations
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Fax: +49 2602/96-1013
E-mail: mschaps@united-internet.de
Internet: www.united-internet.de

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Language: English
Company: United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: info@united-internet.de
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, Hamburg, Hannover, München,
Stuttgart

End of Announcement DGAP News-Service

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