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ots Ad hoc-Service: United Internet AG <DE0005089007> United Internet grows by 64 percent First quarter exceeds targets

Montabaur (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
United Internet AG has reported a
successful first quarter. The network has now been extended to 17
companies with two further shareholdings (Netzpiloten AG, gatrixx
AG). One shareholding. Jobs & Adverts, has already successfully
achieved its stock market flotation; a further two (AdLINK AG and GMX
AG) will follow in the second quarter. The internationalisation of
the network made great progress. "The launch of United Internet could
not have gone better", summed up Chairman Ralph Dommermuth: "In the
first quarter we have significantly strengthened our market
position."
Sales subject to consolidation by the majority shareholdings rose
by 52.5 percent to 46.8 million Euro; overall sales of the 17 United
Internet shareholdings rose by 64 percent to 54 million Euro.
Investments in internationalisation, brand development and new
shareholdings led to a group loss on ordinary activities of 1.9
million Euro. In addition there were further, non cash-relevant,
charges on the group profit and loss account amounting to 8.2 million
Euro through at-equity losses from associated companies, goodwill
write-offs, and expenses reportable according to US GAAP under the
employee share ownership programme due to the favourable movement of
United Internet shares. This resulted in overall DVFA earnings per
share of -1.79 Euro, and after elimination of goodwill write-offs of
-1,13 Euro per share. "Thus we remain significantly below the
forecast losses arising from our investments in the growth and brand
development of the shareholdings", says Dommermuth.
In order to remain successful in future, extensive investments in
the expansion of the United Internet network are planned. A total of
five shareholdings will be floated on the stock market this year, or
- like Jobs & Adverts - already have their successful flotation
behind them. The flotations of AdLINK and GMX are planned for the
current quarter.
The next step for United Internet is the consistent
Europeanisation of the entire company. Some shareholdings, such as
GMX, Jobs & Adverts, AdLINK, 1&1 Internet AG and twenty4help, are
already European top players. The management holding company will now
follow them. During this year, branch offices will open in the main
European Internet markets. Great Britain (London), France (Paris) and
Scandinavia (Stockholm). The united Internet offices will support the
shareholdings in the internationalisation of their services, and
create synergy effects.
The United Internet AG is Europe's leading alliance of Internet
companies. The management holding, which is listed on Frankfurt's
Neuer Markt, encompasses 17 innovative firms, such as AdLINK, GMX,
1&1 Internet, twenty4help, gatrixx and Jobs & Adverts. All these
enterprises make use of the outstanding cooperative potential and
synergetic effects which the United Internet network offers them.

Contact:

Burkhard Böndel Brodeur Kohtes & Klewes Phone: +49 211/38640-125
Fax: +49 211/38640-300 Email: bboendel@de.brodeur.com

Matthias Riess United Internet AG Phone: +49 2602/96-1076 Fax: +49
2602/96-1013 Email: mriess@united-internet.de

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