Ad-hoc | 8 May 2006 15:44

Intertainment AG: Rüdiger Baeres sells majority holding in Intertainment

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Rüdiger Baeres sells majority holding in Intertainment Munich, May 8, 2006 – Rüdiger Baeres and Kinowelt GmbH, Leipzig, today informed the Board of Management of Intertainment AG, Munich, that Mr. Baeres has sold 50.05 percent of the shares in Intertainment to Kinowelt GmbH, its main shareholder MK Medien GmbH and to seven subsidiary companies of Kinowelt GmbH. Baeres and Kinowelt GmbH also informed the Board of Management that completion of the contract of sale is subject to the condition precedent of granting a privilege for rehabilitation by the Federal Financial Supervisory Authority (BaFin). Grant of the privilege for rehabilitation would not entail the purchasing group having to submit a mandatory offer to the independent shareholders of Intertainment AG for the takeover of the Intertainment shares held by these shareholders. Intertainment welcomes the intervention of Kinowelt and expects to be able to benefit from the comprehensive know-how of the company in the area of media and film. End of the Ad-hoc Press Release Contact: Intertainment AG, Investor Relations, Frauenplatz 7, 80331 Munich, Germany; Telephone: +49 (0)89 21699-0, Fax: +49 (0)89 21699-11 (c)DGAP 08.05.2006 ————————————————————————— Language: English Issuer: Intertainment AG Osterfeldstr. 84 85737 Ismaning Deutschland Phone: +49 (0)89 21699- 0 Fax: +49 (0)89 21699-11 email: investor@intertainment.de WWW: investor@intertainment.de ISIN: DE0006223605 WKN: 622360 indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Stuttgart, München, Düsseldorf, Hamburg End of News DGAP News-Service —————————————————————————