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Versatel AG

euro adhoc: Versatel AG
Joint Ventures/Cooperation/Collaboration
Joint Venture Versatel Media GmbH acquires cable network operator

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
11.12.2008
Düsseldorf, December 11, 2008 - The Supervisory Board of  Versatel  
AG,  Berlin, ISIN: DE000A0M2ZK2, has consented to the acquisition of 
Media Home  GmbH  &  Co. KG, Essen and of MediaHome Verwaltungs  
GmbH,  Essen  by  Versatel  Media  GmbH. Versatel Media GmbH is a 
joint venture of Versatel Kabel GmbH and  Life  Science GmbH, a 100% 
subsidiary of Corfina AG, Frankfurt/Main. MediaHome was founded  as a
joint venture of GAGFAH Immobilien-Management GmbH (GAGFAH  M)  and  
TCC  Tele Communication Company mbH in 2001. MediaHome is a level 4  
cable  operator  with 81,000 reachable households. Versatel accounts 
for EUR 13 million of the purchase price through a shareholder loan 
due to the structure of the joint venture.  The acquisition still 
requires regulatory approval.
Versatel AG
The Management Board
Contact: Versatel AG Marius  Rispeter  Head  of  Investor  Relations 
&  Capital Markets Niederkasseler Lohweg 181-183 40547  Düsseldorf  
Phone:  +49(0)21152283- 557 Fax: +49(0)21152283-472 Mail:  
ir@versatel.de
end of announcement                               euro adhoc

Further inquiry note:

Andrea Winzen
Tel.: +49 (0) 211-52283124
e-mail: andrea.winzen@versatel.de

Branche: Telecommunications Equipment
ISIN: DE000A0M2ZK2
WKN: A0M2ZK
Index: TecDAX, CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard

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