euro adhoc: D+S europe AG / Mergers - Acquisitions - Takeovers / D+S europe AG: Major long-term contract and takeover of service centers of Deutsche Telekom Group

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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Contracts

25.10.2008

Hamburg, October 25, 2008. D+S europe AG (ISIN: DE0005336804) has
successfully consolidated its strategic partnership with Deutsche
Telekom Group as customer service provider. Beyond already existing
contracts Deutsche Telekom Group has assigned further customer
service and expert tasks to D+S europe AG for a minimum period of
five years. D+S europe AG will expand its resources by taking over
five locations of Deutsche Telekom subsidiary Vivento Customer
Services (VCS). Under reserve of approval by the antitrust authority
D+S will take over VCS service centers in Berlin, Gera, Göttingen,
Leipzig und Rottweil with effect from December 1, 2008. By transfer
of undertakings in accordance with §613a German Civil Code more than
550 VCS employees are thus to join TELDAS service center management
GmbH, a wholly-owned subsidiary of D+S europe AG. Moreover, D+S
europe AG plans to permanently employ about 260 temporary staff from
Deutsche Telekom Group within the TELDAS network.

In the course of an asset deal D+S europe AG will take over the
assets of the five existing locations of VCS. For a term until 2013
D+S europe AG and Deutsche Telekom Group agreed guaranteed contract
volumes as well as financing for the locations taken over. Both
positions are expected to add up to a high two-digit million euro sum
during the running time, mainly consisting of guaranteed volumes for
service center services. In the course of this transaction, which
will not lead to a change in expected earnings of D+S europe AG for
2008, and on the basis of the strategic partnership between both
parties a guaranteed contract volume for a duration of also five
years was agreed for the locations already part of the D+S europe
Group before the transaction. After the transfer of business the
number of employees of the strongly growing D+S europe AG is expected
to increase to more than 7,000 employees at Group level including
contract and temporary personnel.

About D+S europe: D+S europe AG is Germany´s largest listed solutions
provider for comprehensive e-commerce and customer contact
management. Regardless of the communication channel, whether via
fixed or mobile network, by Internet, TV or in writing, D+S europe
manages the contacts of internationally leading enterprises with
millions of private customers. D+S europe operates online shops and
their Europe-wide e-commerce business for renowned brand
manufacturers. For further information please refer to
www.dseurope.ag.

end of announcement euro adhoc
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ots Originaltext: D+S europe AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

D+S europe AG, Kapstadtring 10, 22297 Hamburg

Director Corporate Communications & Marketing

Thiess Johannssen, Telefon: +49 (0) 40.4114-1400, Telefax: +49 (0) 40.4114-3399

t.johannssen@dseurope.ag

Branche: Advertising
ISIN: DE0005336804
WKN: 533680
Index: CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade