Business News

DGAP-Adhoc: Axel Springer AG intends to launch a public offer for all outstanding shares of Seloger.com SA

Friday 10. September 2010 - Ad-hoc Announcement pursuant to section 15 WpHG

Axel Springer intends to launch a public offer for all outstanding shares
of Seloger.com SA

After agreements upon the acquisition of 2,062,127 shares in Seloger.com SA
at a price of EUR 34 per share in cash (approximately 12.4 % of the share
capital of Seloger.com SA) as of today Axel Springer AG intends to launch a
public offer for all the outstanding approximately 14,584,376 shares of
Seloger.com SA at a price of EUR 34 per share in cash. The offer price
represents a premium of approximately 13.3 % on the closing price of the
share in Seloger.com SA on September 9, 2010 at the Paris Stock Exchange
(NYSE Euronext Paris). The public offer would be filed with the French
Securities Regulator (the Autorité des marchés financiers) in due course.
The public offer is furthermore subject to merger control clearance.

Seloger.com SA is a French stock corporation, with its registered office in
Paris. Seloger.com SA is the leading operator of websites dedicated to the
posting of property advertisements in France. The two main websites of the
company are www.seloger.com and www.immostreet.com.