Lycos Europe

euro adhoc: Mergers - Acquisitions - Takeovers
LYCOS Europe N.V. sold its investment in Best of Media S.A.

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Haarlem / Netherlands, November 9, 2007 - LYCOS Europe N.V. ("the Company"), one of the leading European portal providers and online advertisers,  agreed  with Alter Finance Capital ("AFC") about the sale of its investment in Best of  Media S.A. ("BoM").

LYCOS Europe's investment represents about 8 percent of the total share  capital of BoM and is accounted for as an available-for-sale investment with a  carrying amount of EUR 500 thousand. AFC will take over the complete  investment  in  BoM owned by the Company  for  a   consideration  of  about  EUR  1.7  million.  This transaction becomes effective immediately.


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.

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ots Originaltext: Lycos Europe
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Further inquiry note:
For further information, please contact:
|LYCOS Europe                                        |LYCOS Europe        
|Investor Relations                              |Public Relations                                 |
|Sebastian Giese                                  |Frauke Riva                                         |
|T: +49-(0)5241-80-71135                      |T: +49-(0)5241-80-71050                      |
|F: +49-(0)5241-80-671135                    |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

Weitere Meldungen: Lycos Europe

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