OTS0009 5 WA 0272 OTB0004 WB Mo, 09.Aug 2004
euro adhoc / Buybacks

euro adhoc: freenet.de AG / Buybacks / freenet.de AG: Share Buyback (E)

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

freenet.de AG: Share Buyback

freenet.de AG / Hamburg - Based on the authorization granted by the Annual General Meeting on June 9th, 2004, the executive board of freenet.de AG, Hamburg, has decided to start a buyback program of own shares amounting to up to 5 % of the company’s capital stock (which corresponds to up to 2,814,940 shares). The buyback will be performed on the stock exchange.
Under the terms of the authorization, which runs through December 8th, 2005, own shares amounting to up to 10 % of the given capital stock may be bought. The equivalent value per share (without added transaction expenses) to be paid by the company must not exceed the average closing price of the share (in the Xetra trading system on the Frankfurt Stock exchange) for the three trading days preceding the purchase transaction by more than 5 %, nor may it fall short of this average by more than 5 %.

Further inquiry note:
Andreas Neumann
Tel.: +49 (0)40 51306 778
E-Mail: IR@freenet-ag.de
Tel: +49 (0)40 51306 778
FAX: +49 (0)40 51306 970
Email: ir@freenet-ag.de

Emittent: freenet.de AG Deelbögenkamp 4c DE-22297 Hamburg Tel: +49 (0)40 51306 778 FAX: +49 (0)40 51306 970 Email: ir@freenet-ag.de WWW: http://www.freenet-ag.de ISIN: DE0005792006 WKN: 579200 Indizes: Prime Standard, TecDAX 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


OTS0009 2004-08-09/08:00