Lycos Europe N.V.

Annual General Meeting 2006 of LYCOS Europe N.V.

@@start.t1@@--------------------------------------------------------------------------------   ots-CorporateNews transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------@@end@@

Haarlem / Netherlands, May 24, 2006 - At the Annual General Meeting of  LYCOS Europe N.V. (ISIN NL0000233195) held in Amsterdam today the shareholders acknowledged the Supervisory Board’s and Management Board’s business strategy. This is a significant sign of confidence for the work of the management.  67,7 percent of the issued capital have been represented at the meeting. The shareholders released the Supervisory Board and the Management Board from liabilities for their duties. The Management Board was also authorized to repurchase ten percent of the issued capital on behalf of the company in order  to raise the entrepreneurial flexibility.

Prof. Dr. Jürgen Richter, former Chief Executive Officer of Axel Springer AG and former CEO of BertelsmannSpringer, was reappointed by the shareholders as Chairman of the Supervisory Board for additional four years. Legal counsel  Dr. Dieter Bohnert and Juan Rovira de Ossó were reappointed as members of the Supervisory Board for a new period of four years. Elias Rodríguez-Viña was appointed as new member of the Supervisory Board, succeeding José Mateu  Isturiz who had resigned from the Supervisory Board as per March 21st, 2006.  The company thanks José Mateu Isturiz for his contributions as member of LYCOS Europe’s Supervisory Board.

- ends -

About LYCOS Europe LYCOS Europe (ISIN NL0000233195) is one of the leading European internet destinations operating  a pan-European network of websites in eight languages. The company's combination of search, communication services, content channels, Internet access, homepage building and online communities addresses a wide range of target groups. The LYCOS Europe Network provides an attractive medium not only for consumers but also for advertisers and e-commerce partners throughout Europe. Every month about 28 million users visit the LYCOS sites in Europe. With a network of websites covering Austria, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain, Sweden and Switzerland, LYCOS Europe has a large geographical reach in Europe.

@@start.t2@@end of announcement                                                 euro adhoc 24.05.2006 13:18:28
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Lycos Europe N.V.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
LYCOS Europe
Kay Oberbeck
Director PR & IR Europe & Germany
T: +49-(0)5241-80-71055
F: +49-(0)5241-80-671055
E: kay.oberbeck@lycos-europe.com

Branche: Software
ISIN:      NL0000233195
WKN:        932728
Index:    Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              standard
              Börse Berlin-Bremen / 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



Weitere Meldungen: Lycos Europe N.V.

Das könnte Sie auch interessieren: