euro adhoc: Versatel AG / Financing, Stock Offerings (IPO) / Price range for Versatel shares 29 EUR to 36 EUR (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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19.04.2007

This Ad hoc announcement and the information contained herein are not for
distribution in the United States of America, Canada, Japan or Australia.

Ad hoc announcement according to § 15 WpHG

Price range for Versatel shares 29 EUR to 36 EUR

Today German telecommunications provider Versatel, jointly with the selling
shareholder and the Joint Bookrunners Credit Suisse, Deutsche Bank and J.P.
Morgan have determined the price range within which purchase offers for Versatel
shares may be placed. The price range is set between 29 Euro to 36 Euro per
share. The offering consists of up to 14,000.000 shares from a capital increase
and up to 10,850.000 existing shares from the holdings of the selling
shareholder (plus up to 3,727.000 shares from the holdings of the selling
shareholder with respect to a potential over allotment). Interested investors
may submit offers to purchase shares during the period from April 20, 2007 to
April 26, 2007. The offer period ends on April 26, 2007 at 12:00 PM (CEST) for
private investors and at 3:00 PM (CEST) for institutional investors. The final
offer price is expected to be set on April 26, 2007.

The trading on the official market (Amtlicher Markt) of the Frankfurt Stock
Exchange is expected to commence on April 27, 2007 under the trading symbol VTW
and the ISIN DE000A0M2ZK2 (International Securities Identification Number). The
delivery of the shares in exchange for payment of the offering price and the
customary securities commission is expected to take place on May 2, 2007.

The offering consists of a public offer in the Federal Republic of Germany and
private placements outside of the Federal Republic of Germany. The shares are
being offered in the United States of America in reliance on Rule 144A under the
U.S. Securities Act to qualified institutional buyers.

The information contained herein is not for publication or distribution in the
United States. The material set forth herein is for informational purposes only
and is not intended, and should not be construed, as an offer of securities for
sale into the United States. The securities of Versatel described herein have
not been and will not be registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), or the laws of any State, and may not be offered
or sold within the United States, except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the Securities Act
and applicable State laws. No money, securities or other consideration is being
solicited and, if sent in response to the Information contained herein, will not
be accepted.

This communication is directed only at persons who (i) are outside of the United
Kingdom or (ii) have professional experience in matters relating to investments
or (iii) are persons falling within Article 49(2)(a) to (d) ("high net worth
companies, unincorporated associations etc") of The Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (all such persons together
being referred to as "relevant persons"). This communication must not be acted
on or relied on by persons who are not relevant persons. Any investment activity
to which this communication relates is available only to relevant persons and
will be engaged in only with relevant persons.

Further inquiry note:
Versatel, Marion Krause
Director Corporate Communications
Phone: +49 (0) 211 5 22 83 250
Fax: +49 (0) 211 5 22 83 111
Mail to: [email protected]

end of announcement euro adhoc 19.04.2007 10:28:20
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emitter: Versatel AG
Aroser Allee 72
D-13407 Berlin
mail: [email protected]
WWW: http://www.versatel.de
sector: Telecommunications Equipment
ISIN: DE000AOM2ZK2
indexes: TecDAX
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse
language: English

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