net AG infrastructure, software and solutions / Miscellaneous 26.06.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- AD HOC DISCLOSURE IN ACCORDANCE WITH ARTICLE 15 OF THE GERMAN SECURITIES ACT net AG sells significant portion of its IT Solutions segment to British Telecommunication plc - Concentration on the fast-growing Publishing segment - Net income before tax expected to total in excess of 8 million for the current business year - Financial leeway opens up further growth potential Coblence, 26 June 2008 - net AG (Prime Standard: ISIN DE0007867400), leading provider for IT-Solutions and Publishing announces the sale of the wholly-owned subsidiaries Stemmer GmbH and SND GmbH, both domiciled in Olching near Munich, held via the subholding net systems GmbH to British Telecommunication plc (BT). Both parties have agreed to maintain strict silence on the purchase price. Together with the almost tax free book profit from the sale of the companies, net AG now anticipates consolidated earnings before interest and taxes (EBIT) for the current business year 2007/2008 to run to at least EUR 8 million. The sale will generate considerable liquidity. The liquid funds will be used to repay trade payables and to expand the Publishing segment. After repayment of the syndicated loan, which was taken out within the framework of the acquisitions in the Publishing segment in the business year 2006/2007, the company anticipates freed-up liquidity of approximately EUR 10 million. The consolidation of business resources on the Publishing segment and the available financial scope will serve to accelerate the profit-oriented growth of net AG. Besides expanding the range of products, the company plans to strengthen its international sales structure. Moreover the successful pursuit of this growth path should found the basis for future interest of the shareholders in the profit though dividend payments that have been advised on this years shareholders meeting. The sale is subject to regulatory approval by the German antitrust organization. The Management Board For more information please contact: net AG infrastructure, software and solutions Schlossstraße 1 56068 Koblenz Deutschland Telefon: 0261 13389 17 E-Mail: info@netag.de Internet: www.netag.de DGAP 26.06.2008 --------------------------------------------------------------------------- Language: English Issuer: net AG infrastructure, software and solutions Schlossstr. 1 56068 Koblenz Deutschland Phone: +49 (0)261 13389-0 Fax: +49 (0)261 13389-10 E-mail: investor@netag.de Internet: www.netag.de ISIN: DE0007867400 WKN: 786740 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: net AG infrastructure, software and solutions: net AG sells significant portion of its IT Solutions segment to British Telecommunication plc
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