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MIM MONDO IGEL MEDIA AG i.L.

euro adhoc: MIM MONDO IGEL MEDIA AG
Strategic management decisions
MIM AG Carries Out Separation of Joint Animation Library With Historical Partner

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
06.10.2005
The Supervisory Board of MIM MONDO IGEL MEDIA AG approved a number of
agreements with the French company Xilam Animation SA (a leading
French company in the audiovisual sector) which determine the
complete split of the rights on 6 animated TV series which were owned
to date by the two companies in a quota of 50% respectively. The
split of the rights should increase the possibility of commercial
exploitation of the series.
The agreements were made also with the specific strategic aim of
optimising the commercial distribution by granting each company the
distribution rights in the respectively more strategic markets.
In detail, the agreements provide for the acquisition by MIM MONDO
IGEL MEDIA AG of the totality of the rights - from 31 August and for
the entire period of copyright - of 2 TV series of 26 half-hour
episodes each for which Xilam will keep distribution rights in the
French-speaking countries.
Furthermore, the agreements provide for the cession by MIM AG to
Xilam of its quota on the rights to the 4 other series, on two of
which MIM will keep its distribution rights in a number of European
markets (Italy, Spain, Portugal and Greece for both series and
certain additional territories including UK and Ireland, and Asia
excluding Japan on one series only).
"We are very happy about this agreement", states Matteo Corradi, CEO
of MIM, "since we are sure that it will further improve the sales of
these series in those markets which are strategic for the Mondo TV
Group".
end of announcement                               euro adhoc 06.10.2005 10:40:10

Further inquiry note:

Jedidiah Harris
General Manager
Telefon: +49(0)40 306896 10
E-Mail: jharris@mim.ag

Branche: Media
ISIN: DE000A0BVUP8
WKN: A0BVUP
Börsen: Hamburger Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade

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