DGAP-Adhoc: Axel Springer sells its stakes in several regional newspapers at EUR 310 million




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04.02.09

DGAP-Adhoc: Axel Springer sells its stakes in several regional newspapers at EUR 310 million

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Axel Springer AG / Disposal

04.02.2009

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 AG is in final negotiations on the disposal of its stake in
several regional newspapers in North and East Germany. Verlagsgesellschaft
Madsack GmbH & Co. KG, Hannover is about to purchase participations of Axel
Springer AG in Kieler Nachrichten (24.5%), Lübecker Nachrichten (49%),
Leipziger Volkszeitung (44.9%) and North German holding Hanseatische
Verlags-Beteiligungs AG (23%). An additional stake of 5.1% in Leipziger
Volkszeitung is to be acquired by Leipziger Medien Beteiligungs GbR. The
purchase price for these participations is EUR 275 million; for
Verlagsgesellschaft Madsack GmbH & Co. KG it amounts to EUR 263 million.
The stake of 50% of Axel Springer AG in Ostsee-Zeitung, Rostock, will at
the same time been sold to Lübecker Nachrichten GmbH at a purchase price of
EUR 35 million. The transaction volume in total amounts to EUR 310 million.

With the disposal of its minority participations Axel Springer AG focuses
more consistently on investments in its own newspapers, the multi-media
development of its brands and on acquisitions of new online growth
businesses.

The consummation of the transaction is subject to approval by anti-trust
authorities.

Berlin, February 4, 2009



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


04.02.2009 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