PrimaCom AG

euro adhoc: PrimaCom AG
Strategic management decisions
PrimaCom Management GmbH signed with Amsterdamse Beheer- en Consultingmaatschappij and B.V.Christina Beheer- en Adviesmaatschappij B.V. an Agreement Regarding the Sale of Dutch Subsidiaries.

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 06.10.2005 The Company gives notice that on 06.10.2005 its subsidiary PrimaCom Management GmbH has entered into a purchase agreement with Amsterdamse Beheer- en Consultingmaatschappij and B.V.Christina Beheer- en Adviesmaatschappij B.V., companies controlled by the global private equity firm Warburg Pincus, regarding the indirect sale of all shares in N.V. Multikabel as well as all debt of all Dutch subsidiaries vis-à-vis the PrimaCom Group. The agreement is made under several conditions precedent, including the merger clearance by the Dutch cartel authority NMa as well as the financing of the purchase price by the purchaser and the approval of the lenders (senior and second secured). The purchase price amounts to Euro 515 million. The supervisory board already has granted its consent to the transaction. It is expected that the transaction will be consummated by November, 2005. end of announcement euro adhoc 06.10.2005 10:12:40 -------------------------------------------------------------------------------- ots Originaltext: PrimaCom AG Im Internet recherchierbar: http://www.presseportal.de Further inquiry note: Investor Relations Telefon: +49(0)6131 944 522 E-Mail: investor@primacom.de 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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