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EANS-Adhoc: D+S europe AG
Squeeze out cash compensation determined at EUR 9.87 per share

  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
Company Information
25.06.2009
Hamburg, June 25, 2009. Pyramus S.à r.l., a company based in 
Luxembourg and controlled by funds advised by Apax Partners Worldwide
LLP, today specified its transfer request of April 14, 2009 and 
informed the management board of D+S europe AG (ISIN: DE0005336804) 
that it has determined the cash compensation to be paid for the 
transfer of the shares held by minority shareholders of D+S europe AG
to Pyramus S.à r.l. as the majority shareholder according to sections
327a et seqq. of the German Stock Corporation Act (Aktiengesetz) 
(squeeze out) at EUR 9.87 per share.
The squeeze out requires the approval of the shareholders´ meeting. 
The resolution on the approval has been scheduled to take place at 
the annual shareholders´ meeting in Hamburg on August 27, 2009.
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations
Tel.: +49 (0)40 4114-3338
E-Mail: investor-relations@dseurope.ag

Branche: Advertising
ISIN: DE0005336804
WKN: 533680
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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