Axel Springer files draft offer document for its public tender offer on

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Axel Springer files draft offer document for its public tender offer on SA

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Axel Springer has filed the draft offer document for its public tender offer on SA with the French Securities Regulator (Autorité des marchés financiers) today.

On September 9, 2010, Axel Springer had announced the acquisition of a 12.4 percent stake in at a price of EUR 34 per share from a group of shareholders, including the founders Amal Amar and Denys Chalumeau as well as other members of the supervisory board and the management board, and its intention to launch a public offer for all remaining outstanding shares of at the same price, valuing the Company at a total of EUR 566 million.

Ralph Büchi, President Axel Springer International at Axel Springer AG: “We are convinced that the offer represents an attractive valuation of Our price of EUR 34 per share was accepted by two members of the supervisory board, including its current chairman, and three members of the management board of, including its former chairman. These shareholders and board members have a deep knowledge of the financial and commercial situation of and its prospects and were therefore in an excellent position to make an educated decision about the attractiveness of our price. We believe that it is important to provide all shareholders of with the opportunity to sell their shares at the same price and realize an attractive cash consideration.” represents a significant expansion of Axel Springer’s European footprint in the online classifieds business and therefore perfectly fits with its strategy of digitization and internationalization.

Ralph Büchi: “Axel Springer has a strong track record in the online classifieds business and we believe that we can contribute to the development and further success of”

This press release is available in German, English and French for downloading on .

The draft offer document is available on the website of Axel Springer ( ) and the Autorité des marchés financiers ( ) and may be obtained free of charge from BNP Paribas (4 rue d'Antin, 75002 Paris).

This communication is for informational purposes only. It is not the extension of a tender offer for any securities nor an offer to purchase, sell or exchange (or the solicitation of an offer to sell, purchase or exchange) any securities in any jurisdiction, including the United States. There may be no such offer (or solicitation), purchase, sale or exchange of any securities, and the tender offer referred to herein may not be extended, in any jurisdiction outside the French Republic, where it would be unlawful absent prior registration, filing or qualification under applicable laws, including the United States, Canada, Italy and Japan.  The distribution of this communication may be restricted by law in certain jurisdictions.  Accordingly, persons in whose possession it comes are required to inform themselves of and observe any such restrictions.

Press contact: Christian Garrels
Tel: +49 30 2591 77651
Investor contact: Daniel Fard-Yazdani
Tel: +49 30 2591 77425