Lycos Europe

euro adhoc: Lycos Europe N.V.
quarterly or semiannual financial statement / LYCOS Europe N.V. published its financial results for the first nine months of 2007 today

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9-month report


Haarlem / Netherlands, October 23, 2007 - LYCOS Europe N.V.   ("LYCOS"),  one  of the leading European portal providers and online advertisers,  today  published its unaudited condensed consolidated interim financial statements for the  first nine months of 2007.

Revenues of EUR 58.4 million generated during the  first  nine   months  of  2007 remained stable compared to the reference period in 2006.  The  EBITDA  for  the first nine months of 2007 amounted  to   EUR  (12.9)  million  (2006:  EUR  (3.4) million). Decreasing advertising revenues, a margin  decrease  in  the  Shopping business, an increase in cost of revenues and additional  marketing   initiatives for LYCOS iQ are the main reasons for this development.

Cash, cash equivalents and other investments amount to EUR 159.9 million  as  at September 30, 2007.  The cash ratio of 4.4 (cash,   cash  equivalents  and  other investments divided by total liabilities) shows the continuous strong  financial position of LYCOS Europe.

@@start.t2@@|                                  |                 |Nine          |Nine          |Change    |
|                                  |                 |months        |months        |              |
|                                  |                 |ended         |ended         |              |
|                                  |                 |September  |September  |              |
|                                  |                 |30, 2007    |30, 2006    |              |
|                                  |                 |(unaudited)|(unaudited)|              |
|Revenues                      |in mln EUR |58.4          |59.0          |(1)%        |
|EBITDA                         |in mln EUR |(12.9)        |(3.4)         |>(100)%  |
|EBIT                            |in mln EUR |(36.4)        |(7.9)         |>(100)%  |
|Net profit                  |in mln EUR |44.1          |6.9            |>100%      |
|                                  |                 |                 |                 |              |
|Earnings/per share      |in EUR        |0.14          |0.02          |>100%      |
|(diluted and                |                 |                 |                 |              |
|undiluted)                  |                 |                 |                 |              |@@end@@

The ongoing product offensive and marketing initiative will result in a  similar cost level during the coming months. The increase in revenues  is  not  expected to cover this cost level and therefore, the  Company  calculates  also  with  an operating loss for the fourth quarter of 2007.


About Lycos Europe Lycos  Europe  (ISIN  NL0000233195)  is  one  of   the  leading  European  portal providers and online advertisers   operating  a  network  of  websites  in  seven languages  in  Europe and  the  USA.  The  company's  combination  of    search, communication services, online communities, content channels,   Internet  access, shopping, homepage building and  domain  names   registration  addresses  a  wide range of target groups.

@@start.t3@@end of announcement                                                 euro adhoc 23.10.2007 07:41:44

ots Originaltext: Lycos Europe
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Further inquiry note:
LYCOS Europe                                        LYCOS Europe                                        
Investor Relations                              Public Relations                                
Sascha Wittler                                    Frauke Riva                                        
T: +49-(0)5241-80-71134                      T: +49-(0)5241-80-71050                      
F: +49-(0)5241-80-671134                    F: +49-(0)5241-80-671050                    
E:    E:

Branche: Software
ISIN:      NL0000233195
WKN:        932728
Index:    Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Hannover / free trade
              Euronext - Paris / free trade
              Börse München / free trade

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