Annual General Meeting 2006 of LYCOS Europe N.V.

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ots-CorporateNews transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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Haarlem / Netherlands, May 24, 2006 - At the Annual General Meeting
of LYCOS Europe N.V. (ISIN NL0000233195) held in Amsterdam today the
shareholders acknowledged the Supervisory Board’s and Management
Board’s business strategy. This is a significant sign of confidence
for the work of the management. 67,7 percent of the issued capital
have been represented at the meeting. The shareholders released the
Supervisory Board and the Management Board from liabilities for their
duties. The Management Board was also authorized to repurchase ten
percent of the issued capital on behalf of the company in order to
raise the entrepreneurial flexibility.

Prof. Dr. Jürgen Richter, former Chief Executive Officer of Axel
Springer AG and former CEO of BertelsmannSpringer, was reappointed by
the shareholders as Chairman of the Supervisory Board for additional
four years. Legal counsel Dr. Dieter Bohnert and Juan Rovira de Ossó
were reappointed as members of the Supervisory Board for a new period
of four years. Elias Rodríguez-Viña was appointed as new member of
the Supervisory Board, succeeding José Mateu Isturiz who had
resigned from the Supervisory Board as per March 21st, 2006. The
company thanks José Mateu Isturiz for his contributions as member of
LYCOS Europe’s Supervisory Board.

- ends -

About LYCOS Europe LYCOS Europe (ISIN NL0000233195) is one of the
leading European internet destinations operating a pan-European
network of websites in eight languages. The company's combination of
search, communication services, content channels, Internet access,
homepage building and online communities addresses a wide range of
target groups. The LYCOS Europe Network provides an attractive medium
not only for consumers but also for advertisers and e-commerce
partners throughout Europe. Every month about 28 million users visit
the LYCOS sites in Europe. With a network of websites covering
Austria, Denmark, France, Germany, Great Britain, Italy, the
Netherlands, Spain, Sweden and Switzerland, LYCOS Europe has a large
geographical reach in Europe.

end of announcement euro adhoc 24.05.2006 13:18:28
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ots Originaltext: Lycos Europe
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
LYCOS Europe
Kay Oberbeck
Director PR & IR Europe & Germany
T: +49-(0)5241-80-71055
F: +49-(0)5241-80-671055
E: kay.oberbeck@lycos-europe.com

Branche: Software
ISIN: NL0000233195
WKN: 932728
Index: Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade