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  20.11.2006

Ad-hoc: AdLINK raises shareholding in Sedo to 76%

Montabaur, November 20, 2006. After raising its stake in French affiliate marketer CibleClick from 75% to 100% on October 20, 2006, AdLINK today raised its shareholding in Sedo GmbH, Cologne, from 52.14% to 75.94%. The purchase price of around € 35 million was financed through borrowing. Sedo’s founders will remain significant shareholders and continue to manage the company.

In addition to the acquisition contracts, a profit transfer agreement between AdLINK and Sedo was also concluded, which will become effective on January 1, 2007. The profit transfer agreement will enable existing AdLINK loss carryforwards to be utilized more quickly.

The capitalization of tax loss carryforwards will lead to an improvement in earnings per share (EPS) in 2006. The Management Board of now expects EPS to reach approx. € 0.45, compared with its previous forecast of around € 0.30.

With over 5.6 million domains for sale – of which over 2.1 million are available for marketing – Sedo is a global leader in the domain marketing sector. Sedo serves its customers from over 200 countries at its two facilities in Cologne and Boston (USA). Particular emphasis has been placed in the last few months on expanding business in the USA, the world’s largest online advertising market. According to figures of “Webhosting.info”, Sedo has experienced above-average growth in the USA and is currently the market leader with a share of almost 20%.

About ()

AdLINK is a leading, independent marketer of online advertising space and digital marketing solutions in Europe. The AdLINK Group is represented by three brands in three different business segments: AdLINK (Display Marketing), Sedo (Domain Marketing) and affilinet (Affiliate Marketing). With 16 offices in 10 European nations and the USA, as well as cooperation partners in Asia and South America, the AdLINK Group offers its customers a global network for brand advertising and performance-based direct marketing.

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