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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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Company Information

26.03.2008

Freenet is in discussions with Permira regarding a takeover of the
debitel group. Should these discussions be successful, freenet would
acquire the debitel group with its existing bank debt and would grant
the debitel shareholders a 24.9 % stake in freenet. In addition,
freenet would pay a cash consideration which would be financed in
whole or in part through a vendor loan. The successful conclusion of
the discussions depends upon agreement on several open issues and
would require the approval of the board of the relevant entities and
the German cartel authorities as well as an agreement with the
lending banks of the debitel group.


end of announcement euro adhoc
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ots Originaltext: freenet AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Andreas Neumann

IR-Manager

Tel.: +49 (0) 40 51306-778

E-Mail: ir@freenet.ag

Branche: Online
ISIN: DE000A0EAMM0
WKN: A0EAMM
Index: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade