PrimaCom AG

euro adhoc: PrimaCom AG
Agreement in principle with the owners of the Second Secured Loan

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 15.09.2005 The Company announces that today, in London, an agreement in principle has been reached with the owners of the Second Secured Loan (SSL) on the economic conditions of a settlement. Both parties have agreed that the Company will pay EUR 375 mil. to the owners of the SSL in compensation of all open demands due the owners of the SSL. The Company must pay this amount by 30 November 2005. The agreement will also provide that the Company recognizes a liability due to the owners of the SSL of EUR 425 mil. i.e. if the Company is not able to pay the amount of EUR 375 mil., the owners of the SSL can execute against the company immediately. In the agreement the owners of the SSL will agree to the sale of Multikabel. Regarding Multikabel, a letter of intent exists in which a potential purchaser agrees to acquire Multikabel. In addition there have been discussions with other potential creditors and investors. The management board currently assumes that the payment to the owners of the SSL will be possible in this timeframe. The company further assumes that the settlement can be implemented, only if the Senior Banks also agree. The agreement has still to be worked out in detail and signed. PrimaCom AG Management Board end of announcement euro adhoc 15.09.2005 19:32:38 -------------------------------------------------------------------------------- ots Originaltext: PrimaCom AG Im Internet recherchierbar: Further inquiry note: Investor Relations Telefon: +49(0)6131 944 522 E-Mail: Branche: Telecommunications Equipment ISIN: DE0006259104 WKN: 625910 Index: General 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

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