DGAP-Adhoc: Axel Springer AG to take over majority stake in PIN Group AG




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28.06.07

DGAP-Adhoc: Axel Springer AG to take over majority stake in PIN Group AG

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Axel Springer AG / Acquisition

28.06.2007

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 to take over majority stake in PIN Group AG

Axel Springer AG will acquire the majority in PIN Group AG, a company with
seat in Luxembourg acting throughout Germany in mail service activities.
Axel Springer AG has concluded respective agreements with its
co-shareholders WAZ Media Group, Georg von Holtzbrinck Publishing Group and
Rosalia AG. The transaction will first raise the stake of Axel Springer AG
in PIN Group AG from currently 23.5% to 71.6%. In total, Axel Springer AG
will pay EUR 510 million for the additional shares. The transaction is
subject to the approval of the German Federal Cartel Office.

The sellers as well as Madsack Publishing Group will remain shareholders
and cooperation partners in PIN Group. As part of the envisaged integration
of further regional postal service providers until September 2007 and the
admission of new shareholders in this context the stake of Axel Springer AG
will thereafter presumably be reduced to 63.7%.

PIN Group AG was founded in September 2005 by Axel Springer AG, WAZ Media
Group, Georg von Holtzbrinck Publishing Group and Luxembourg-based Rosalia
AG, when the stakeholders bundled their respective mail service activities.


Contact:
Investor Relations Kontakt:
Claudia Thomé
+49 (0)30 2591-77421
claudia.thome@axelspringer.de
DGAP 28.06.2007
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Language: English
Issuer: Axel Springer AG
Axel-Springer-Straße 65
10888 Berlin Deutschland
Phone: +49 (0)30 2591-77401
Fax: +49 (0)30 2591-77422
E-mail: ir@axelspringer.de
Internet: www.axelspringer.de
ISIN: DE0005501357, DE0005754238, DE000A0LD6M9
WKN: 550135, 575423, A0LD6M
Indices: SDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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