CinemaxX Holdings GmbH

ots Ad hoc-Service: CinemaxX AG CinemaxX and UFA Consider Joining Forces

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      Hamburg/Düsseldorf (ots Ad hoc-Service) - The two biggest German
cinema companies CinemaxX AG (Hamburg) and UFA Theater GmbH & Co. KG
(Düsseldorf) are contemplating a strategic alliance. The management
of the two Companys agreed to review the project in depth.

    This will consider all theatre locations and all perspectives of a future cooperation. The focus of the review will be the analysis and quantification of positive effects resulting from a cooperation of the two companies.

    The company chiefs Hans-Joachim Flebbe (CinemaxX AG) and Volker Riech (UFA) agreed on a speedy analysis. This will allow a better valuation of the results in the short term and what further steps for a merger should be taken.

Queries:

Ernst-Günter Surkus, Investor Relations, Tel. +49-40-45068-120 Thomas Schulz, Press, Tel. +49-40-45068-181

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