DGAP-Adhoc: IM Internationalmedia AG: IM Senior Dept Holding LLC takes over loan from Octagon


IM Internationalmedia AG / Agreement

26.03.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------

Munich / Los Angeles, March 26, 2008 – IM Internationalmedia AG announces
that the loan to the Internationalmedia Group granted by Octave-1 Funds
(Octagon) will now be taken over by IM Senior Dept Holding LLC.
IM Senior Holding LLC – a company owned by David Bergstein – will not,
under the terms of the deal, demand payment of any scheduled repayments for
a period of 18 months. This debt conversion is the next step to refinance
and stabilize the Internationalmedia Group.


Contact
IM Internationalmedia AG
Investor Relations
Fon: +49 (89) 98 107 100
Fax: +49 (89) 98 107 199 
E-Mail: info@internationalmedia.de 



DGAP 26.03.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       IM Internationalmedia AG
              Kaulbachstrasse 1
              80539 München
              Deutschland
Phone:        +49 (0)89 98107-100
Fax:          +49 (0)89 98107-199
E-mail:       info@internationalmedia.de
Internet:     www.internationalmedia.de
ISIN:         DE000A0STYJ1
WKN:          A0STYJ
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Düsseldorf
End of News                                     DGAP News-Service
---------------------------------------------------------------------------