Tipp24 AG – Italian website blocked by authorities

Jul 5, 2006 10:25 AM

Tipp24 AG / Miscellaneous



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.
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Ad hoc announcement according to § 15 WpHG:

Tipp24 AG – Italian website blocked by authorities

Hamburg, 5 July 2006

Access through Italian internet service providers to the website operated
by Tipp24 AG’s Italian subsidiary, www.puntogioco24.it, is currently being
blocked by order of the Italian authorities. As a consequence, Tipp24 AG
will be unable to pursue its business operations in Italy for the time
being.

Tipp24 AG is currently evaluating its options in reaction to the blocking
order. Persistent blocking of the Italian website would result in a
reduction of sales for the fiscal year 2006 by a low single-digit
percentage point from a group perspective. As the Italian business
currently makes a negative contribution to earnings, Tipp24 AG does not
expect a negative impact on consolidated earnings in the short to mid-term,
although long-term potential positive contributions to earnings would no
longer be possible.

Additional Information:
ISIN: DE0007847147
Listing: Official market (Prime Standard) of the Frankfurt Stock Exchange
Registered office of the company: Germany

Press Contact:
Tipp24 AG
Andrea Fratini
Head of Media and Public Relations
Phone: +49 (0) 40 32 55 33-660
Email: fratini@tipp24.de



Tipp24 AG
Andrea Fratini
Head of Media and Public Relations
Phone: +49 (0) 40 32 55 33-660
Email: fratini@tipp24.de



DGAP 05.07.2006 
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Language:     English
Issuer:       Tipp24 AG
              Straßenbahnring 11-13
              20251 Hamburg Deutschland
Phone:        +49 (0)40 325533-0
Fax:          +49 (0)40 325533-77
E-mail:       office@tipp24.de
WWW:          www.tipp24-ag.de
ISIN:         DE0007847147
WKN:          784714
Indices:      
Listed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
              Berlin-Bremen, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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