DGAP-Adhoc: Axel Springer AG: Offer to buy-back up to 918,000 shares




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11.06.08

DGAP-Adhoc:
Axel Springer AG: Offer to buy-back up to 918,000 shares

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Axel Springer AG / Share Buyback

11.06.2008

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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The management board of Axel Springer AG resolved today to make an offer to
the shareholders of the company to buy-back up to 918,000 shares of the
company in the form of a share repurchase offer against a payment of a cash
consideration in the amount of Euro 80.00 per share which is equivalent to
a premium of 17.66 % on the average of the closing prices on the last three
exchange trading days. The tender offer period will presumably start end of
June 2008.

Due to its low indebtedness, the company uses the currently low stock
market price to offer the shareholders a buy-back significantly above the
current stock market price.

The offer will be published in the electronic gazette and on the internet
under http://www.axelspringer.de.

Berlin, June 11, 2008

Axel Springer AG
Axel-Springer-Straße 65
10888 Berlin
Germany


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


11.06.2008 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, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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