PrimaCom AG

euro adhoc: PrimaCom AG
Strategic management decisions
PrimaCom Management GmbH signed with Amsterdamse Beheer- en Consultingmaatschappij and B.V.Christina Beheer- en Adviesmaatschappij B.V. an Agreement Regarding the Sale of Dutch Subsidiaries.

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06.10.2005

The Company gives notice that on 06.10.2005 its subsidiary PrimaCom Management GmbH has entered into a purchase agreement with Amsterdamse Beheer- en Consultingmaatschappij and B.V.Christina Beheer- en Adviesmaatschappij B.V., companies controlled by the global private equity firm Warburg Pincus, regarding the indirect sale of all shares in N.V. Multikabel as well as all debt of all Dutch subsidiaries vis-à-vis the PrimaCom Group. The agreement is made under several conditions precedent, including the merger clearance by the Dutch cartel authority NMa as well as the financing of the purchase price by the purchaser and the approval of the lenders (senior and second secured). The purchase price amounts to Euro 515 million. The supervisory board already has granted its consent to the transaction. It is expected that the transaction will be consummated by November, 2005.

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ots Originaltext: PrimaCom AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Investor Relations
Telefon: +49(0)6131 944 522
E-Mail: investor@primacom.de

Branche: Telecommunications Equipment
ISIN:      DE0006259104
WKN:        625910
Index:    General Standard
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / 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
              Bremer Wertpapierbörse (BWB) / free trade



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