euro adhoc: KarstadtQuelle AG / Release of a voting rights announcement according to article 26, section 1.1 WpHG (Securities Trading Act) with the aim of a Europe-wide distribution

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Notification of voting rights transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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Person/company obliged to make the notification:
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Name: Fidelity International
Place: Surrey KT20 6RB
State: Great Britain

Company data:
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Name: KarstadtQuelle AG
Address: Theodor-Althoff-Straße 2, 45133 Essen
Place: Essen
State: Deutschland

28.06.2007

Notification in line with Article 26 of the Securities Trading Act

In a letter dated June 26, 2007, Fidelity International (UK) informed
KarstadtQuelle AG about the following:

Hiermit teilen wir Ihnen gemäß § 21 (1) WpHG mit, dass der
Stimmrechtsanteil der FMR Corp., Boston, Massachusetts 02109, USA, an
der Karstadt Quelle AG am 25. Juni 2007 die Schwelle von 3%
unterschritten hat und nun 2,92% (6.337.327 Anteile) beträgt. Die
Stimmrechte werden der FMR Corp. gemäß § 22 (1) 2 WpHG i.V.m. § 22
(1) 1 Nr. 6 WpHG zugerechnet.

Translation of the notification: In line with Article 21 (1) of the
Securities Trading Act, we hereby inform you that the share of voting
rights of FMR Corp., Boston, Massachusetts 02109, USA in Karstadt
Quelle AG moved below the 3% threshold on June 25, 2007 and now
constitutes 2.92% (6,337,327 shares). The voting rights are allocated
to FMR Corp. in line with Article 22 (1) 2 of the Securities Trading
Act in combination with Article 22 (1) 1 no. 6 of the Securities
Trading Act.

Essen, June 28, 2007

THE MANAGEMENT BOARD

end of announcement euro adhoc 28.06.2007 13:14:04
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ots Originaltext: KarstadtQuelle AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Branche: Retail
ISIN: DE0006275001
WKN: 627500
Index: CDAX, Classic All Share, HDAX, MDAX, Midcap Market Index,
Prime All Share
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / official dealing
Börse Hamburg / official dealing
Börse Stuttgart / official dealing
Börse Düsseldorf / official dealing
Börse Hannover / official dealing
Börse München / official dealing