Tipp24 AG / Miscellaneous



Corporate news transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
----------------------------------------------------------------------

Press release

Business operations of Tipp24 AG prohibited in Saxony-Anhalt 

Tipp24 regards prohibition of its business operations in Saxony-Anhalt as
incompatible with national and European legislation.

(Hamburg, January 2, 2007) In an injunction served today, the German state
of Saxony-Anhalt has forbidden Tipp24 AG from carrying out its business
operations in Saxony-Anhalt. According to the wording of the injunction,
this affects both the brokerage of participation in lotteries in
Saxony-Anhalt, especially as the commercial organizer of lottery teams, and
advertising for lotteries which are illegal in Saxony-Anhalt and which can
be called up in Saxony-Anhalt. The prohibition has immediate effect. The
authorities of Saxony-Anhalt had already threatened Tipp24 AG with
prohibition in March 2006. Tipp24 AG has no knowledge as to why
Saxony-Anhalt chose the current moment in time to serve the injunction.
Tipp24 AG is currently examining the factual and legal consequences of the
prohibition as well as its possibilities to appeal. Should Tipp24 AG be
permanently prevented from carrying out its business in Saxony-Anhalt, this
would lead to a reduction in revenue in the middle six-figure euro range
per year and a similar decrease in EBIT, based on the company’s current
business volume.

Tipp24 AG is still of the opinion that any restriction or even prohibition
of its business operations in Saxony-Anhalt is incompatible with valid
national and European legislation. The measure will also have to be weighed
against an injunction issued by the Federal Cartel Office and since
confirmed by the Higher Regional Court of Düsseldorf, in which the closure
of lottery markets of individual federal states for each other was declared
illegal. There are no comparable threats or injunctions from other federal
states at present. Saxony-Anhalt is the only state which has prohibited
Tipp24 from carrying out its business operations. Tipp24 also has no
indications that other federal states intend to issue such an injunction.

About Tipp24 AG: Tipp24 was established in 1999 and is now the market
leader for lottery products in the Internet on the basis of billings. The
company has succeeded in achieving impressive growth rates right from the
start. Almost all state lottery products are supplied. It only takes a few
mouse clicks to buy a lottery ticket – round the clock, quickly and
anonymously. The ticket receipt is kept safely, winners are notified about
their prizes automatically by text message and e-mail and prizes are
credited automatically. No extra charge is made for this service.
Subsidiaries of Tipp24 (www.tipp24.de) are Ventura24 in Spain
(www.ventura24.es) and Puntogioco24 (www.puntogioco24.it) in Italy.

Press contact:

Tipp24 AG     

Andrea Fratini     

Head of Media and Public Relations

Tel.: +49 40 32 55 33-660   

E-Mail: presse@tipp24.de   

Internet: http://www.tipp24.de/presse/



Tipp24 AG     
Andrea Fratini     
Head of Media and Public Relations
Tel.: +49 40 32 55 33-660   
E-Mail: presse@tipp24.de   
Internet: http://www.tipp24.de/presse/



DGAP 02.01.2007 
----------------------------------------------------------------------
 
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
 
---------------------------------------------------------------------------