freenet.de AG

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 %.

end of announcement            euro adhoc 09.08.2004
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Further inquiry note: Andreas Neumann Tel.: +49 (0)40 51306 778 E-Mail: IR@freenet-ag.de

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



Weitere Meldungen: freenet.de AG

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