DGAP-Adhoc: net AG infrastructure, software and solutions: net AG sells significant portion of its IT Solutions segment to British Telecommunication plc


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.
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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 year’s shareholder’s 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 
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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
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