Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.

Company Information

20.11.2008

Büdelsdorf, 20 November 2008 - The management of freenet AG and the 
debitel Group has drawn up plans for the future of the freenet 
Group´s mobile telephony business, based on an analysis performed by 
debitel and freenet´s joint integration team. In order to achieve an 
optimised positioning for the future, freenet plans to eliminate 
around 1,000 full-time positions as part of the integration process. 
The objective is to streamline administrative departments and 
concentrate on departments with customer interaction.

end of announcement                               euro adhoc

Further inquiry note:

Andreas Neumann
freenet AG
IR-Manager
Tel.: +49 (0)40 51306-778
E-Mail: ir@freenet.ag

Branche: Online
ISIN: DE000A0EAMM0
WKN: A0EAMM
Index: Midcap Market Index, TecDAX, CDAX, HDAX, 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
Börse München / free trade