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 -------------------------------------------------------------------------------- ots Originaltext: Versatel AG Im Internet recherchierbar: http://www.presseportal.ch 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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