euro adhoc: Lycos Europe N.V. / Strategic management decisions / LYCOS Europe in negotiations about sale of German access business (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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08.02.2007

Haarlem/Netherlands, February 8, 2007. LYCOS Europe N.V. (ISIN NL000023319),
one of Europe's leading portal providers and online advertisers, today
announced to consider the sale of its German access business. The company is
starting discussions with several third parties who are interested in analysing
a possible take over of the access business.

In line with the strategic decision to strengthen its core businesses LYCOS
Europe has decided not to further invest in the access business. LYCOS Europe
has completed the sale of its Swedish access business to Glocalnet Scandinavia
AB for about EUR 19 million in January 2007.

LYCOS Europe has been operating the Internet access business in Germany since
1999. At that time it started the narrow band business Comundo. In 2003 the
broadband services of LYCOS DSL were added to the portfolio. The business has
today about 37,900 broadband and about 23,800 narrowband customers and
generates revenue of about EUR 6 million per year.

- ends -

About Lycos Europe
Lycos Europe (ISIN NL0000233195) is one of the leading European internet
destinations operating a pan-European network of websites in seven languages.
The company's combination of search, communication services, content channels,
Internet access, homepage building and online communities addresses a wide range
of target groups. The Lycos Europe Network provides an attractive medium not
only for consumers but also for advertisers and e-commerce partners throughout
Europe. Every month about 30 million users visit the Lycos sites and by Lycos
Europe distributed partner sites in Europe. With a network of websites covering
Austria, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain,
and Switzerland, Lycos Europe has a large geographical reach in Europe.

Further inquiry note:
LYCOS Europe
Analyst Relations
Sascha Wittler
T: +49-(0)5241-80-71134
F: +49-(0)5241-80-671134
E: [email protected]

LYCOS Europe
Public Relations
Ina J. Kruse
T: +49-(0)5241-80-71050
F: +49-(0)5241-80-671050
E: [email protected]

end of announcement euro adhoc 08.02.2007 08:20:11
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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
ISIN: NL0000233195
indexes: Prime All Share, Technologie All Share
stockmarkets: regulated dealing/prime standard: Frankfurter Wertpapierbörse,
free trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse,
Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
Niedersächsische Börse zu Hannover, Euronext - Paris, Bayerische
Börse
sector: Software
language: English

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