DGAP-Adhoc: Axel Springer intends to enter into a sale and purchase agreement with respect to its participation in ProSiebenSat.1




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10.12.07

DGAP-Adhoc: Axel Springer intends to enter into a sale and purchase agreement with respect to its participation in ProSiebenSat.1

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Axel Springer AG / Disposal

10.12.2007

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 Aktiengesellschaft has the intention to sign a purchase
agreement with the co-shareholder KKR/Permira with respect to a sale of its
indirect participation in ProSiebenSat.1 Media AG (consisting of 12 % of
each of the common and preference shares). The purchase price for the
shares amounts to Euro 509,359,881.60 in total (average price of Euro 19,40
per common and preference share).

The transaction is subject to certain conditions, including the approval of
the transaction by the German Commission on Media Concentration (Kommission
zur Ermittlung der Konzentration im Medienbereich, KEK) and the final
funding by the purchaser's banks of the anticipated debt-financed portion
of the purchase price.

Berlin, December 10, 2007

Axel Springer AG
Axel-Springer-Str. 65
D-10888 Berlin


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


10.12.2007 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: information@axelspringer.de
Internet: www.axelspringer.de
ISIN: DE0005501357, DE0005754238, DE000A0LD6M9
WKN: 550135, 575423, A0LD6M
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