ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
  adhoc with the aim of a Europe-wide distribution. The issuer is solely
  responsible for the content of this announcement.

04.03.2010

Munich 4 March 2010

On 1 March 2010 11:00 o'clock the Munich insolvency court instituted 
insolvency proceedings for TV-Loonland AG. The decision was forwarded
to TV-Loonland AG today.

As a result the power of disposition was transferred to the 
administrator attorney at law Dr. Wolfgang Ott, who had been 
appointed as preliminary administrator before. The CEO of TV-Loonland
AG filed for insolvency on 30 November 2009.

end of announcement                               euro adhoc

Further inquiry note:

Andreas Conradi
Tel.: +49(0)8920508110
Email: aconradi@loonland.com

Branche: Media
ISIN: DE0005348403
WKN: 534840
Index: Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade