euro adhoc: Mergers - Acquisitions - Takeovers / LYCOS Europe N.V. sold its investment in Best of Media S.A. (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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09.11.2007

Haarlem / Netherlands, November 9, 2007 - LYCOS Europe N.V. ("the Company"), one
of the leading European portal providers and online advertisers, agreed with
Alter Finance Capital ("AFC") about the sale of its investment in Best of Media
S.A. ("BoM").

LYCOS Europe's investment represents about 8 percent of the total share capital
of BoM and is accounted for as an available-for-sale investment with a carrying
amount of EUR 500 thousand. AFC will take over the complete investment in BoM
owned by the Company for a consideration of about EUR 1.7 million. This
transaction becomes effective immediately.

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About Lycos Europe
Lycos Europe (ISIN NL0000233195) is one of the leading European portal
providers and online advertisers operating a network of websites in seven
languages in Europe and the USA. The company's combination of search,
communication services, online communities, content channels, Internet access,
shopping, homepage building and domain names registration addresses a wide
range of target groups.

Further inquiry note:
For further information, please contact:

|LYCOS Europe |LYCOS Europe
|Investor Relations |Public Relations |
|Sebastian Giese |Frauke Riva |
|T: +49-(0)5241-80-71135 |T: +49-(0)5241-80-71050 |
|F: +49-(0)5241-80-671135 |F: +49-(0)5241-80-671050 |
|E: [email protected] |E: [email protected] |

end of announcement euro adhoc 09.11.2007 10:55:42
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emitter: Lycos Europe N.V.
Richard Holkade 36
NL-2033 PZ Haarlem
phone: +49 (0)524180 71000
FAX: +49 (0)524180 71450
mail: [email protected]
WWW: http://www.lycos-europe.com
sector: Software
ISIN: NL0000233195
indexes: Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse Hamburg, Börse Stuttgart, Börse Düsseldorf,
Börse Hannover, Euronext - Paris, Börse München
language: English

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