Tipp24 AG prolongs share buyback programme

Mar 26, 2008 7:03 PM

Tipp24 AG / Share Buyback

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.

The Executive Board of Tipp24 AG has adopted a resolution to prolong the
share buyback programme launched on 8 October 2007 and originally limited
until 31 March 2008.
As previously decided, the share buyback involves the purchase of no more
than 443,616 shares in Tipp24 AG. Following the extension, the company now
has until 31 August 2008 to complete the programme. In the period up to 25
March 2008, Tipp24 AG already purchased a total of 324,020 treasury shares
from the maximum volume. These shares are still held. In addition to the
443,615 shares purchased during the first share buyback programme in 2007,
Tipp24 AG now holds a total of 767,635 treasury shares as of 25 March 2008,
equivalent to 8.65% of share capital.
The resolution is based on an authorization provided by the Annual
Shareholders' Meeting of 24 May 2007, which permits the Executive Board of
Tipp24 AG to purchase treasury shares in the period up to 24 November 2008.
All other regulations of the current share buyback programme continue to
apply during the extension period.
The share buyback can be interrupted at any time and resumed at a later
Further details concerning the share buyback programme are posted on the
Tipp24 AG website (www.tipp24-ag.de). Every buyback will be announced there
no later than seven stock exchange trading days after the respective
26.03.2008  Financial News transmitted by DGAP
Language:     English
Issuer:       Tipp24 AG
              Straßenbahnring 11-13
              20251 Hamburg
Phone:        +49 (0)40 325533-0
Fax:          +49 (0)40 325533-77
E-mail:       office@tipp24.de
Internet:     www.tipp24-ag.de
ISIN:         DE0007847147
WKN:          784714
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News                                     DGAP News-Service