ots Ad hoc-Service: i:FAO AG new forecast for 200
i:FAO Earnings per Share 2000 over 1.00 EURO

The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Frankfurt (ots Ad hoc-Service) - i:FAO Earnings per Share 2000 over 1.00 EURO i:FAO Aktiengesellschaft, leading provider of Internet Travel Solutions, increases the forecast for earnings per share for the year 2000 from break-even to 1.00 EURO (IAS). . Substantial increase of the financial results are expected because of the sale of TRIP.com shares to Galileo International. . Strategic alliance and license agreements remain completely in place. . High potential for additional agreements through the new owner Galileo. . Substantial influx of funds will increase marketing and sales activities. Galileo International (Rosemont) announced the complete acquistion of TRIP.com (Denver) and will, at an evaluation of approximately US dollar 336 million, pay approximately US dollar 269 million for approximately 80%. approximately 20% of the company is already owned by Galileo International. The purchase price of approximately 12,5% owned by i:FAO Aktiengesellschaft (Frankfurt am Main) will be paid combined in cash and Galileo International stock. The transaction is subject to certain customary terms and conditions and is is expected to close by the end of March 2000. TRIP.com is the leading Internet travel agency for business travelers. Galileo International is one of the world's leading providers of electronic global distribution services for the travel industry i:FAO is partnering with both companies through cooperations and license agreements. Additional information: http://www.trip.com http://www.galileo.com The sale of i:FAO's TRIP.com shares is executed in close cooperation with the other investors, TRIP.com's management and Galileo International and is the best strategic option for the long-term value of the enterprise competing as an Internet travel agency. The deal is beneficial to i:FAO because it frees extensive funds to be applied to i:FAO's core business, providing business-to-business solutions for Internet based travel management. The important software license agreements with TRIP.com remain unaffected by the sale of the shares. i:FAO is, with IBE:TMS, market leader in interactive travel management systems based on Internet technology. By the end of January 2000 the number of corporations using IBE:TMS has reached 155 (130 at the end of 1999, +19%). Additional information: http://www.ibetms.net The Executive Management Board Contacts Louis Arnitz i:FAO Aktiengesellschaft Telephone +49 (69) 1530 5500 eMail arnitz@ifao.net Additional information, graphics and photographs in high resolution are available in the press area of the i:FAO web site at http://www.ifao.net End of Message ----------------------------------------------------- Internet: http://www.newsaktuell.de Original-Content von: i:FAO AG, übermittelt durch news aktuell

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