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22.03.2007 – 09:36

Lycos Europe N.V.

euro adhoc: Lycos Europe N.V.
Dr. Fred Wilsdorf appointed new Chief Financial Officer of LYCOS Europe N.V.

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Dr. Fred Wilsdorf appointed new Chief Financial Officer of LYCOS Europe N.V.

Haarlem / Netherlands. Dr. Fred Wilsdorf (50) will be the new Chief Financial Officer of LYCOS Europe with effect from May 1, 2007. On this date, Dr. Wilsdorf will take over as CFO from Ms. Lydia Lux-Schmitt, who left the company on September 30, 2006. Dr. Wilsdorf was born in Hamburg in 1957. He graduated in business studies in Hamburg. From 1983 to 1988 he did a doctorate at the Universität der Bundeswehr, Hamburg. Also in 1988 he took an examination as a tax consultant and joined the financial division of Daimler Benz AG, Stuttgart. From mid-1989 until the end of 2003, Dr. Wilsdorf took on various, increasingly responsible posi-tions, most recently as Director of Finance and Accounting / central controlling / investor relations at Axel Springer AG in Hamburg. Apart from being responsible for about 260 members of staff, his area of responsibility included business process analysis and optimization, the development of fi-nancing plans for major acquisitions, the preparation of rating processes, drawing up and overseeing the implementation of cost-cutting programs, the reorganization of planning processes, and the implementation of merger and acquisition projects and sales of companies involving purchase prices of up to EUR 5 billion. In 2004, Dr. Wilsdorf became CFO at L. Possehl & Co. mbH, Lübeck. His area responsibility there comprised the holding areas of balance sheet, controlling, property manage-ment, finance, information technology, audit and taxation. Since April 2006 Dr. Fred Wilsdorf had been a self-employed corporate consultant and after that the Managing Director of a private wealth management company. About Lycos Europe Lycos Europe (ISIN NL0000233195) is one of the leading European internet destinations operating a pan-European network of websites in seven 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 31 million users visit the Lycos sites and by Lycos Europe distributed partner sites in Europe. With a network of websites covering Austria, Denmark, France, Germany, Great Britain, Italy, the Netherlands, Spain, and Switzerland, Lycos Europe has a large geographical reach in Europe.

end of announcement                                                 euro adhoc 22.03.2007 09:34:34

ots Originaltext: Lycos Europe N.V.
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Branche: Software
ISIN:      NL0000233195
WKN:        932728
Index:    Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Euronext - Paris / free trade
              Bayerische Börse / free trade