Medion AG

euro adhoc: MEDION AG
MEDION AG: Resolution to initiate share buy-back program

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MEDION AG: Ad hoc announcement in accordance with § 15 of the German Securities Trading Act (WpHG)

Essen, July 3, 2007

The Management Board of MEDION AG, with the approval of the   Supervisory  Board, has resolved to buy back a maximum of 2,420,920 no-par-value  shares,  i.e.,  5% of the Company's share capital via the stock exchange, beginning July  4,  2007. The Management Board is thus making partial use of  the  relevant  authorization by the Annual Shareholders' Meeting held on May 11, 2007, which  had   authorized the Management Board to buy back up  to  10%  of  the   Company's  current  share capital. The purchase  price  for   acquisition  of  the  shares  via  the  stock exchange (excluding transaction costs) may not exceed or fall below the  average price of Company shares as quoted in midday trading  (currently  1:10  p.m.)   on the Xetra electronic trading system  of  the  Frankfurt  Stock   Exchange  (or  a corresponding successor system) for the 5  trading   days  immediately  preceding acquisition of the shares by more than 5%. The share  buy-back  is  intended  to decrease MEDION AG's share capital and to secure funds to meet  any  liabilities arising from company stock option plans that have been or  will  be  granted  to members of the Management Board, other executives, and employees   based  on  the authorization to issue stock options. MEDION AG reserves the right  to  use  the repurchased shares for other purposes as well in accordance  with  the  relevant authorization given by the Annual  Shareholders'  Meeting.  The  share  buy-back will be carried out by Commerzbank AG, Frankfurt am Main. It is planned for  the bank to decide on the dates for purchasing the shares  via  the  stock  exchange without any influence from MEDION AG. MEDION AG will provide regular updates  on the progress of the share buy-back program. For further  details,  please  visit our website and select "share buy-back program."

Investor Relations Phone: +49-201-8383-6500

@@start.t2@@end of announcement                                                 euro adhoc 03.07.2007 07:51:48

ots Originaltext: MEDION AG
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Further inquiry note:
MEDION AG: Investor Relations
Tel. +49(0)2018383-6500

Branche: Technology
ISIN:      DE0006605009
WKN:        660500
Index:    SDAX
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

Weitere Meldungen: Medion AG

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