euro adhoc: Tomorrow Focus AG / Mergers - Acquisitions - Takeovers / TOMORROW FOCUS Acquires Further 29 Percent of HolidayCheck AG

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Company Information

16.08.2007

Ad Hoc Announcement

TOMORROW FOCUS Acquires Further 29 Percent of HolidayCheck AG

High Contribution of Income Due to Growing Online Travel Business

Munich, August 16, 2007 - TF Beteiligungs GmbH, a wholly owned
subsidiary of TOMORROW FOCUS AG, acquired a further 29 percent of the
Swiss travel portal HolidayCheck AG for the amount of EUR 28.2
million. The shares taken over were held by Burda Digital Ventures
GmbH in Munich. From September 1, 2007, TOMORROW FOCUS AG will own 80
percent of HolidayCheck AG. The purchase price covers subscription
rights for accumulated earnings and cash.

Call and put options have been agreed upon in 2006 for the remaining
20 percent interest. Upon exercising the options, TOMORROW FOCUS AG
will wholly own HolidayCheck AG.

HolidayCheck was established in 2003 and operates the leading opinion
portal for travel and vacations of the same name. With 6.2 million
visits and 165 million page impressions per month, HolidayCheck ranks
among the most popular travel sites within the German-speaking
region. The central feature of the business operations is a
hotel-rating database as well as an extensive archive of photos,
videos and information made available and maintained by the users.
HolidayCheck has its own TÜV-certified online travel agency which
guarantees the lowest prices. The internationalization initiated in
2006 is progressing quite well. The English, Spanish, French and
Polish HolidayCheck platforms attract more than 100,000 visitors per
month.

Stefan Winners, CEO of TOMORROW FOCUW AG commented, "HolidayCheck AG
has progressed very well in the past 12 months. Due to the increased
holding, the contribution to the operating income and EPS of TOMORROW
FOCUS AG will improve significantly. Now, it is time to develop an
international positioning in Europe in order to become one of the top
3 players in the European online travel industry."

end of announcement euro adhoc 16.08.2007 15:50:07
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ots Originaltext: Tomorrow Focus AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Ariane Meynert
Tel.: +49 (0)89 9250 1256
E-Mail: ameynert@tomorrow-focus.de

Branche: Software
ISIN: DE0005495329
WKN: 549532
Index: CDAX, Prime All Share, Technologie 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 Hannover / free trade
Börse München / free trade