euro adhoc: MatchNet plc / Financing, Stock Offerings / MatchNet intends to effect a reincorporation in the United States Public offering and quotation on Nasdaq expected in September (E)

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

Los Angeles, June 11th, 2004 - MatchNet plc, whose global depository shares are currently traded on the Frankfurt Stock Exchange, today announced that it intends to effect a reincorporation in the United States and that the reincorporated U.S. corporation will be filing a registration statement promptly for a "firm commitment" public offering of its common stock. It is currently anticipated that the common stock will be offered by the United States corporation and certain selling shareholders. It is expected that the public offering will take place in September, subject to market conditions, and that the common stock will be quoted on the NASDAQ National Market. The proceeds of the offering are expected to be primarily used for working capital purposes.

About MatchNet plc
MatchNet plc is a leading provider of online personals. MatchNet is traded on the Frankfurt Exchange under the symbol "MHJG." The Company’s Global Depository Shares trade under the symbol "MHNZF". The MatchNet network includes AmericanSingles®.com, JDate®.com, JDate.co.il, MatchNet.de, MatchNet.co.uk, MatchNet.com.au, Glimpse.comTM, CollegeLuvTM.com, Date.caTM, and FaceLink®.com. MatchNet was incorporated in England in 1998. More information is available at www.MatchNet.com
For More Information
Ken Ross
+ 1 323 658 3010
kross@matchnet.com
Elmar Bob
Tel.: +49 (69) 74 09 37 88
Fax: +49 (69) 74 09 37 87
E-Mail: elmar@matchnet.com
URL: http://www.MatchNet.com

Further inquiry note:
Elmar Bob
Tel.: +49 (69) 74 09 37 88
Fax: +49 (69) 74 09 37 87
E-Mail: elmar@matchnet.com
Tel: +49(0)69 74093788
FAX: +49 (0) 69 74093787
Email: elmar@matchnet.com

Emittent: MatchNet plc Arndtstrasse 51 DE-60325 Frankfurt Tel: +49(0)69 74093788 FAX: +49 (0) 69 74093787 Email: elmar@matchnet.com WWW: Http://www.matchnet.com 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

OTS-ORIGINALTEXT UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS | OTB0002