INTERSHOP Communications AG

ots Ad hoc-Service: INTERSHOP Communications INTERSHOP completes placement of 100,000 shares

The sender is solely responsible for the contents of this announcement. -----------------------------------------------------     Hamburg (ots Ad hoc) - INTERSHOP Communications AG today announced the successful placement of 100,000 shares (pre split/post split: 500,000) through Bank Vontobel of Switzerland. Because the shares had already been created and registered by Deutsche Börse in March 2000, there is no dilutive effect. The shares have been sold to international institutional investors, and the transaction closed today.The net proceeds of the placement, EUR 39 million, are to be used for financing and to accommodate potential mergers and acquisitions.

    The 100,000 shares are part of a block of 435,000 shares that had been created in March 2000 for a possible NASDAQ listing through an associated capital increase. The remaining 335,000 shares are still reserved for this purpose.

    This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    U.S. Investor Relations Contact Philip Oreste Vice President Finance INTERSHOP Communications, Inc 600 Townsend Street Top Floor, West San Francisco, CA 94103 Phone 415-229-0129

    European Investor Relations Contact Dr. John Lange Director Investor Relations INTERSHOP Communications AG Amsinckstrabe 57 D-20097 Hamburg Germany

    Phone +49-40-23709-128

    End of message ----------------------------------------------------- Internet:

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