DGAP-Adhoc: TV-Loonland implements restructuring agreement, thereby reduces loan

TV-Loonland AG / Restructure of Company

14.01.2008 

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Munich/London, 14 January 2008 – TV-Loonland is pleased to announce the
implementation of the restructuring agreement signed with the banking
syndicate in August 2007, leaving the company with a new, reduced debt of
EUR 5 million.

In accordance with the restructuring agreement, which has been approved by
the shareholders on 2 November 2007, the original loan worth EUR 20 million
has been reduced by 15 million both by means of cash repayment and a debt
to equity swap.

Out of the successfully placed convertible bond issue in December 2007,
TV-Loonland raised funds in the amount of EUR 2.019.504, whereof EUR 1
million was used for loan repayment.

Further, the capital of the company has been increased by a contribution in
kind (debt to equity swap) based on the authorized capital and underwritten
by the banking syndicate. The object of the contribution in kind was the
conversion of part of the loan facility in the amount of EUR 14 million and
EUR 1.8 million accrued interest, into a 10% shareholding in the company´s
new capital.

With the ongoing discussions for the sale of its stake in Metrodome Group
plc. and further measures to be taken, TV-Loonland aims at being able to
fully repay the remaining loan within the first half of 2008.


PR-001-080114


About TV-Loonland

TV-Loonland is a brand management company primarily in the children's and
youth market focusing on high-quality content which it develops and
produces in house as well as coproduces with third party producers and
partners. With offices in key locations throughout Europe (Paris, Munich
and London) and in the USA (Miami), TV-Loonland is ideally positioned to
identify, produce and market top quality brands across all media including
TV, Home Entertainment, Licensing & Merchandising as well as digital media.

TV-Loonland’s most recent successes include brands such as LITTLE PRINCESS,
THE OWL and PETTSON AND FINDUS.





Contact: Press/Investor Relations

Mark Kilisek/Wendelin Probst
Tel.: +49 (0) 89 20 50 8 – 0
Fax: +49 (0) 89 20 50 8 – 199
E-Mail: mkilisek@loonland.com / wprobst@loonland.com 

TV-Loonland AG
Muenchner Straße 16
85774 Unterfoehring/Munich
Germany




DGAP 14.01.2008 
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Language:     English
Issuer:       TV-Loonland AG
              Münchner Straße 16
              85774 Unterföhring
              Deutschland
Phone:        +49 (0)89 205 08 - 0
Fax:          +49 (0)89 205 08-199
E-mail:       info@loonland.com
Internet:     www.loonland.com
ISIN:         DE0005348403
WKN:          534840
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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