ots Ad hoc-Service: WEB.DE AG Months Report

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    Karlsruhe (ots Ad hoc-Service) -    

    WEB.DE AG 9 Months Report

    WEB.DE AG is growing heavily -Accumulated sales of first three quarters four times higher (+301%) than corresponding period of the previous year -eCommerce holds 60% share of total sales in Q3 2000 -Number of registered users increased by 40% in Q3 2000 -WEB.DE reaches every third Internet user in Germany -Profits already expected for Q4 2000

    In the first 3 quarters of 2000, WEB.DE AG recorded sales of EUR 8.96 million - that's four times (+301%) as much as in the first three quarters of the previous year and 50% higher than projected as at the IPO. WEB.DE AG achieved sales revenue to the tune of EUR 3.01 million in Q3 2000. This represents an increase of 257% as against the same period of the previous year. eCommerce sales experienced a particularly strong increase. eCommerce sales (promotions and transaction fees) contributed 60% towards the total sales of Q3 2000.

    The earnings situation was improved in Q3 2000 despite the hefty staff and capacity expansions. Net loss was again significantly reduced from EUR 4.7 million (Q2 2000) to EUR 3.9 million in Q3 2000. Cash and cash equivalents and securities amounted to EUR 187.2 million as at 30 September 2000. The complete net proceeds from the IPO in February 2000 are existent. The equity ratio comes to 98% of the balance sheet total.

    The Internet portal WEB.DE was able to expand its market reach of the market. The number of registered users has increased more than 7-fold since the beginning of the year. In Q3 2000 alone, the number of registered users rose by 40% from 1.5 million to 2.1 million. According to a survey of Gesellschaft für Konsumforschung (GfK) in July 2000, WEB.DE's market reach lies at 30% compared to 22% in December 1999. This means that 5.4 million Germans currently use WEB.DE.

    Given the successful business development, WEB.DE already expects a positive result for Q4 2000 - one year earlier than predicted at the IPO in February.

    About WEB.DE:

    Karlsruhe-based WEB.DE AG is the operator of the Internet portal WEB.DE which is among the leading Internet services on offer in Germany with a market reach of 30%. With 30 services and products, WEB.DE provides one of the most comprehensive German Internet services rounded off by the 14 times awarded Unified Messaging Service WEB.DE FreeMail. Since February 2000, the WEB.DE AG share has been listed on the Neuer Markt (securities identification number 529 650).


    WEB.DE AG, Richard Berg, Investor Relations tel. +49.721.94329.260, fax. +49.721.9439.22 eMail: investor.relations@webde-ag.de http://webde-ag.de

    The complete report can be downloaded at http://webde-ag.de/en/investor/info

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