Versatel AG

EANS-Adhoc: Versatel AG
Goodwill-Impairment in Residential Segment

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  ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.
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Goodwill-Impairment in Residential Segment

09.03.2011

Berlin, March 9th 2011. Because of the decreasing development of the German Residential DSL market Versatel AG has reduced the expectations for the future business development of the Residential segment. Therefore, Versatel AG intends to depreciate an amount of 68.6 million Euro as Residential segment related Goodwill. The impairment will be effected as of December 31st 2010. The impairment reduces the EAT. Adjusted EBITDA and Free Cashflow remain unaffected.

end of announcement                               euro adhoc
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Contact:

Andrea Winzen
Investor Relations
Tel.: +49 (0) 211-52283124
E-Mail: andrea.winzen@versatel.de

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



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