DGAP-Adhoc: Axel Springer AG: Axel Springer Digital Classifieds Acquires Majority of Leading Property Portal Immoweb in Belgium




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06.11.12

DGAP-Adhoc: Axel Springer AG: Axel Springer Digital Classifieds Acquires Majority of Leading Property Portal Immoweb in Belgium

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Axel Springer AG / Key word(s): Acquisition

06.11.2012 11:18

Dissemination 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.

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Ad-hoc announcement pursuant to § 15 WpHG (German Securities Trading Act)

Axel Springer Digital Classifieds Acquires Majority of Leading Property
Portal Immoweb in Belgium

Axel Springer Digital Classifieds, the company founded by Axel Springer and
global growth investor General Atlantic as part of a strategic partnership
in Spring 2012, acquires 80 % of the shares of the Belgian property portal
Immoweb. A share purchase agreement regarding the acquisition of 80 % of
the shares in IMMOWEB S.A. from members of the Rousseaux family and
Produpress S.C.A. was concluded today. The purchase price comes to EUR
127.5 million. Christophe Rousseaux, who will continue to manage Immoweb as
CEO, and two other family members retain a 20 % participation in the
company.

IMMOWEB S.A. was founded in 1996 and operates the leading Belgian property
portal. Every month more than 2.4 million unique visitors use Immoweb's
platform.

Axel Springer's online classifieds business is bundled into Axel Springer
Digital Classifieds GmbH, with Axel Springer holding a 70 % share and
General Atlantic holding a 30 % share in this company. Along with the
European job portal StepStone Group and UK-based job portal Totaljobs, the
French property portal SeLoger, the German property portal Immonet and the
German city portal meinestadt.de also form part of Axel Springer Digital
Classifieds.

Berlin, November 6, 2012

Axel Springer AG

Axel-Springer-Straße 65

D-10888 Berlin


Investor Relations contact:
Claudia Thomé
+49 (0)30 2591-77421
claudia.thome@axelspringer.de


06.11.2012 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Axel Springer AG
Axel-Springer-Straße 65
10888 Berlin
Germany
Phone: +49 (0)30 2591-77421
Fax: +49 (0)30 2591-77422
E-mail: ir@axelspringer.de
Internet: www.axelspringer.de
ISIN: DE0005501357, DE0005754238
WKN: 550135, 575423
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service

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Investor contact: Claudia Thomé
Tel: +49 30 2591 77421