Ad-hoc | 16 September 2003 18:28

Telegate AG english

telegate AG to pay less for subscriber-data – Bundeskartellamt takes desicion Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Bundeskartellamt gives positive rulings in the data-cost proceedings telegate AG to pay less for subscriber-data Munich, 16. September 2003 The German Bundeskartellamt has made a sweeping decision: In the proceedings regarding misuse of a incumbent market position Deutsche Telekom AG has announced today their agreement to minimize the excessive costs for providing subscriber-data by 45 percent. This decision is valid retroactively as of January 1st, 2003 and legally binding. Telegate AG is expecting an official injunction from the Bundeskartellamt in the next few days. For telegate AG this decision implies significant cost savings. The fee, which telegate AG had to pay per used data record will be decreased to 9 Euro cent. For the current fiscal year 2003 telegate AG is expecting a positive effect of about 2,5 million Euro on the financial results. The German Bundeskartellamt has therefore finished their investigations with a positive decision for telegate AG, although from a corporate point of view and compared to European standards the costs are still clearly seen as being too high. Further information: telegate AG Claudia Strixner Fraunhofer Str. 12a – 82152 München-Martinsried Tel.: 089/ 8954-1188 – Fax: 089/ 8954-1189 e-mail: claudia.strixner@telegate.com end of ad-hoc-announcement (c)DGAP 16.09.2003 ——————————————————————————– WKN: 511880; ISIN: DE0005118806; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 161730 Sep 03