euro adhoc: MatchNet plc / Earnings Forecast / MatchNet plc closes capital raise MatchNet plc announces guidance for fiscal year 2004 (E)

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

Los Angeles, January 14th, 2004 - MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard), one of the largest providers of online personals worldwide, announced the closing of a capital raise to support the announced acquisition of a jewish competitor.
The capital raise of 600,000 shares was placed with the institutional investors Jacob Internet Fund and Fidelity Investments at a price of EUR 4.80 per share. The total of outstanding shares is now 20,587,112 shares.

MatchNet plc expects revenues for fiscal 2004 to be between $65 million and $70 million (USD). MatchNet expects EBITDA for the 2004 fiscal year to be between $12 million and $16 million (USD).

The Company will provide operating highlights for fourth quarter 2003 and discuss current initiatives during a live teleconference on Wednesday, January 14, 2004 at 7:30 a.m. Pacific time (US & Canada), 3:30 p.m. London and 4:30 p.m. Frankfurt time.
Call Title is: "MatchNet Q4 2003 Highlights & Current Initiatives". Toll-Free access number is: (United States): 888-273-9887 International access number is: +1-612-332-0802
For More Information:
Elmar Bob
+ 49 69 74 09 37 88

Further inquiry note:
Elmar Bob
+ 49 69 74 09 37 88
Tel: +49(0)69 74093788
FAX: +49 (0) 69 74093787

Emittent: MatchNet plc Arndtstrasse 51 DE-60325 Frankfurt Tel: +49(0)69 74093788 FAX: +49 (0) 69 74093787 Email: WWW: Http:// ISIN: US5766601042 WKN: 930129 Indizes: Classic All Share, Prime All Share, Prime Standard Börsen: regulated dealing Frankfurter Wertpapierbörse; free trade

end of announcement euro adhoc

Niedersächsische Börse zu Hannover, Berliner Wertpapierbörse, Bayerische Börse, Hamburger Wertpapierbörse, Bremer Wertpapierbörse (BWB), Börse Düsseldorf, Baden-Württembergische Wertpapierbörse Branche: Online
Sprache: Englisch