Ad-hoc | 21 December 2005 18:58

3U TELECOM AG sells Dutch subsidiary

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Marburg, December 21, 2005 – Retroactive as of October 31st 2005, 3U TELECOM AG has sold its 100%-subsidiary 3U TELECOM B.V. to Elephant Talk Communications Holding AG located in Basel. With respect to the purchase price for the so far non-profitable subsidiary the two parties agreed to maintain silence. Due to the deconsolidation of the subsidiary, 3U TELECOM AG realises extraordinary earnings of about 2.8m EUR. As a consequence of this one-time effect, instead of balanced earnings the management of 3U TELECOM AG now expects net income for the group to be in a seven-figure range in 2005. Contact 3U TELECOM AG Ulrich Wiehle Tel.: +49 6421 999-1200 Fax: +49 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 21.12.2005