Ad-hoc | 19 March 2004 07:01

MEDION AG acquires stake of 24.9% in GERICOM

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Linz, March 19th 2004. GERICOM AG hereby announces the acquisition of a 24.9% stake in the company’s share capital totalling 10.9 mio Euro by MDAX quoted MEDION AG. MEDION acquires this stake from Oberlehner Deutschland Beteiligungsgesellschaft mbH. MEDION AG markets trend products through its PC/Multimedia, Entertainment & Household Electronics, Communications Technology and New Media divisions – in the framework of one-off sales campaigns. MEDION’s service package includes the complete project management from market research to product concept, design, production and quality management, logistics management and after-sales service. MEDION’s clients include major international retail chains and its suppliers are global brandname manufacturers. Through collaboration, especially in downstream activities, GERICOM as well as MEDION expect advantages, they will both use for consolidation of their market position. At the same time product lines of both companies complement one another very well. While MEDION with its PC/Multimedia products has positioned itself as price-performance leader in the mid- to upscale price segment and implements newest technologies “time-to-market”, GERICOM as a young lifestyle brand additionally covers technological specialty solutions and the price entry level with its product pipeline. Both companies complement one another on the commercial consumer end, as no major overlap in customer relations exists. Both companies will still act independently in the market and self-finance in the future. Both companies agreed the acquisition price shall remain undisclosed. In the valuation of the stake the economic situation of GERICOM AG is reflected adequately. end of ad-hoc-announcement (c)DGAP 19.03.2004 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: For further information please contact: GERICOM AG Ingo Middelmenne Dipl.-Betriebswirt (BA) Head of Investor Relations & Corporate Communication Industriezeile 35 A-4021 Linz Phone: +43-732-7664-9113 Fax: +43-732-7664-113 Email: middelmenne@gericom.com www.gericom.com ——————————————————————————– WKN: 565773; ISIN: AT0000729108; Index: SDAX Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 190701 Mär 04