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euro adhoc: WEB.DE AG
Annual & Special Corporate Meetings
WEB.DE AG continues stock buy back programme (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
The Executive Board of WEB.DE AG, Karlsruhe, has decided to continue
the stock buy back today as approved of by the Annual General Meeting
earlier today. Pursuant to the authorisation, WEB.DE can buy back up
to 3.8 million shares, or just under 10 percent of the share capital
until December 15, 2005.
In this context, the purchase price paid per share must not exceed 10
percent, or fall short 20 percent, of the arithmetic mean of the
XETRA closing prices for the preceding four exchange trading days.
The respective resolution was passed at WEB.DE AG's Annual General
Meeting with the required majority today.
Observing the principle of equal treatment and the subscription
right, the shares of the buy back can be offered for purchase to all
shareholders, or can be used for acquisitions or investments in other
companies. The Executive Board is authorised to reverse split the
shares that were bought back.
The Executive Board sees this measure, with the current stock buy
back programme, as a contribution towards increasing the shareholder
value for all WEB.DE shareholders.
end of announcement        euro adhoc 16.06.2004

Further inquiry note:

Richard Berg
Tel. +49(0)721 94329 2700
E-Mail: rb@webde-ag.de

Branche: Software
ISIN: DE0005296503
WKN: 529650
Index: HDAX, Nemax 50, Prime Standard, TecDAX
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Niedersächsische Börse zu Hannover / free trade
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

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