EANS-Adhoc: Lycos Europe N.V. / Annual General Meeting 2009 of LYCOS Europe N.V

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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28.05.2009

At the Annual General Meeting of LYCOS Europe N.V. (ISIN NL0000233195) which was
held today in Amsterdam 64.20 per cent of the 311,576,344 ordinary voting shares
were represented.

The Annual General Meeting established the annual financial statement 2008. KPMG
Accountants N.V., Amstelveen, was appointed as auditors for the 2009 financial
year. The General Meeting of shareholders released the Supervisory Board and the
Management Board from liabilities for their duties for the financial year 2008.
Further the company was authorized to repurchase shares. The Articles of
Association have also been adapted to the new company situation.

LYCOS Europe informed at the Annual General Meeting that it entered into an
agreement with LYCOS Inc. to sell the licensed brands (LYCOS, Tripod, Angelfire
and Hotbot) back to LYCOS Inc.

Dr. Fred Wilsdorf was appointed as the new managing director and CEO after the
resignation of Christoph Mohn.

Considering the limited scope of the further activities of the Company, the
Supervisory Board will only consist of four members in future. Formerly
Supervisory Board members Rolf Eberhard Buch, Dr. Dieter Ulrich Bohnert, Luis
Velo Puig-Durán and Elias Rodriguez-Viña resigned as Supervisory Board Directors
as of today. Therefore Dr. Martin Dannhoff and Francisco Borja García-Alarcón
Altamirano have been appointed as new Supervisory Board directors.

The Chairman of the Supervisory Board Prof. Dr. Jürgen Richter will resign as of
January 1, 2010. Jörn Caumanns has been appointed as new Supervisory Board
director effective January 1, 2010.

Further inquiry note:
Jochen Hög
Tel.: +49 (0)5241-80-71244
E-Mail: [email protected]

end of announcement euro adhoc
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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: Frankfurt, free trade: Berlin,
              Hamburg, Stuttgart, Düsseldorf, Hannover, Euronext Paris, München 
language:     English

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