Ad-hoc | 22 August 2005 18:27

3U TELECOM: carrier24 GmbH files petition for opening insolvency proceedings

Ad hoc announcement §15 WpHG Other 3U TELECOM: carrier24 GmbH files petition for opening insolvency proceedings Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Marburg, August 22, 2005. Today, the management of carrier24 GmbH filed a petition at the local court Munich for opening the insolvency proceedings due to impending illiquidity. carrier24 GmbH, a 15% subsidiary of 3U TELECOM AG, is fully consolidated according to IFRS regulations. carrier24 GmbH was forced to this step due to the strained financial situation triggered by the increasing market competition among carrier service providers. So far, carrier24 GmbH supplied the network infrastructure for the fixed-line segment of the 3U group. In future, this service will be provided by LambdaNet Communications Deutschland AG, a wholly-owned subsidiary of 3U TELECOM AG. The management of 3U TELECOM AG does not expect any negative implications for the 3U group as a consequence of carrier24 GmbH’s insolvency, neither for the operating business nor for the balance sheet structure respectively the earnings situation. Therefore, the management of 3U TELECOM AG confirms the group’s guidance for the current fiscal year, as communicated in July. Contact: 3U TELECOM AG Ulrich Wiehle Tel.: +49 (0)6421 999-1200 Fax: +49 (0)6421 999-1111 wiehle@3u.net 3U TELECOM AG Neue Kasseler Str. 62 F 35039 Marburg Deutschland ISIN: DE0005167902 WKN: 516790 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart End of ad hoc announcement (c)DGAP 22.08.2005 221827 Aug 05