08.03.2005 – 11:38

freenet.de AG

euro adhoc: freenet.de AG
Mergers - Acquisitions - Takeovers / Comment by freenet.de AG on the Possible Amalgamation with mobilcom AG

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

08.03.2005

freenet.de AG / Hamburg - Following mobilcom AG’s last announcement
last Friday that it is working towards amalgamating freenet.de AG,
the freenet.de AG executive board has initiated an evaluation of the
advantages and disadvantages of such an amalgamation, as well as
possible courses of action.

If, following careful review, freenet.de AG should conclude that an
amalgamation of the companies may be advantageous, the freenet
executive board will determine the exchange ratio (to be negotiated)
between the two companies’ shares not based on auditors’ opinions,
but using market- and potential-focused certified appraisals drawn up
by investment banks.

end of announcement                    euro adhoc 08.03.2005 11:05:44 

Further inquiry note:

Andreas Neumann
Investor Relations
Tel.: +49 (0)40 51306 778
E-Mail: IR@freenet-ag.de

Branche: Online
ISIN: DE0005792006
WKN: 579200
Index: TecDAX, Prime Standard
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade