Ad-hoc | 4 February 2004 18:20

Stephan Schambach leaves Intershop Communications

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Jena, Germany – February 4, 2004 Intershop Communications AG (Prime Standard: ISH1; Nasdaq: ISHP; Intershop or the Company) announced today that Stephan Schambach has asked the Supervisory Board of the Company to release him from his duties as a member of the Management Board with immediate effect. The Supervisory Board has agreed to Mr. Schambachs request. Mr. Schambach will leave the Company following the mutual termination of his contract of service. Mr. Schambach intends to pursue new business activities outside Intershop. Mr. Schambach was a co-founder of the Company in 1992 and was Chief Executive Officer of Intershop through July 14, 2003. Dr. Juergen Schoettler has been Intershops Chief Executive Officer since July 14, 2003. As an Intershop shareholder, Mr. Schambach will maintain friendly relations with the Company. end of ad-hoc-announcement (c)DGAP 04.02.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: Investor Relations: Klaus F. Gruendel T: +49-3641-50-1307 F: +49-3641-50-1002 k.gruendel@intershop.com www.intershop.de Press: Dana Schmidt T: +49-3641-50-1000 F: +49-3641-50-1002 d.schmidt@intershop.com www.intershop.de About Intershop Intershop Communications AG (Nasdaq: ISHP; Prime Standard: ISH1) is a leading provider of software solutions that help organizations evolve their trading relationships with consumers and business partners online. Founded in 1992, Intershop has a long tradition of driving innovation in e-commerce by automating and simplifying sales and buying processes. Intershop Solutions enable organizations to consolidate and manage unlimited online commerce channels on a single platform. As a result, Intershop customers benefit from reduced operating expenses and competitive advantages in their online sales activities. More than 300 enterprise customers worldwide, including Hewlett-Packard, BMW and Homebase, run Intershop Solutions. Four of the 5 largest e-commerce sites in Germany rely on Intershop Solutions: Otto, Tchibo, Deutsche Telekom, and Quelle. Intershop is headquartered in Jena, Germany, and has branch offices in the United States, Europe and Asia. More information about Intershop can be found on the Web at http://www.intershop.com. This news release contains forward-looking statements regarding future events or the future financial and operational performance of Intershop. Actual events or performance may differ materially from those contained or implied in such forward-looking statements. Risks and uncertainties that could lead to such difference could include, among other things: Intershop’s limited operating history, the unpredictability of future revenues and expenses and potential fluctuations in revenues and operating results, significant dependence on large single customer deals, consumer trends, the level of competition, seasonality, risks related to electronic security, possible governmental regulation, and general economic conditions. Additional information regarding factors that potentially could affect Intershop’s business, financial condition and operating results is included in Intershop’s filings with the Securities and Exchange Commission, including the Company’s Form 20-F dated June 6, 2003. ——————————————————————————– WKN: 747292; ISIN: DE0007472920; Index: NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 041820 Feb 04