DGAP-Adhoc: Axel Springer AG: Axel Springer conducts negotiations about Participation in Telewizja POLSAT Spolka Akcyjna




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23.11.06

DGAP-Adhoc: Axel Springer AG: Axel Springer conducts negotiations about Participation in Telewizja POLSAT Spolka Akcyjna

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Axel Springer AG / Contract

30.06.2008

Release 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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Axel Springer conducts negotiations about Participation in Telewizja POLSAT
Spolka Akcyjna

Axel Springer is currently conducting negotiations about the acquisition of
a minority stake in Telewizja POLSAT Spolka Akcyjna, Warsaw, a Polish TV
company. The purchase price for such stake of 25,1% will amount to
approximately EUR 250 million. The purchase price may be subject to an
upward adjustment until the end of 2008 of up to EUR 50 million, de-pending
on the future value of the participation. The closing of the acquisition is
subject to the consummation of a binding purchase agreement and further
customary conditions prece-dent (in particular antitrust and regulatory
conditions) and a due diligence satisfactory to Axel Springer.

POLSAT is one of the two leading private TV broadcasting groups in Poland
which involves the two fullsize programs POLSAT and POLSAT 2, and, in
addition, a health channel as well as two sports channels.

Berlin, November 23, 2006
Axel Springer AG
Axel-Springer-Str. 65
D-10888 Berlin
ISIN: DE0005501357; DE0005754238
WKN: 550 135; 575 423




30.06.2008 Financial News transmitted by DGAP

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Language: English
Issuer: Axel Springer AG
Axel-Springer-Straße 65
10888 Berlin
Deutschland
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: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart

End of News DGAP News-Service

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