DGAP-Adhoc: Your Family Entertainment AG: Your Family Entertainment AG announces subscription price for cash capital increase and chooses way of an auction for public offering

Your Family Entertainment AG / Capital Increase

16.01.2008 

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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Your Family Entertainment AG announces subscription price for cash capital
increase and chooses way of an auction for public offering

The Board of Management of Your Family Entertainment Aktiengesellschaft,
Munich, on 22 November 2007 resolved to use the Authorised Capital to
increase the Company's share capital from EUR 6,525,488.00 by up to EUR
2,174,512.00 to up to EUR 8,700,000.00 against contributions in cash by
issuing up to 2,174,512 new no-par bearer shares (common shares) with a
notional interest in the Company's share capital of EUR 1.00 per share.
This resolution was approved by the Supervisory Board. Today the following
resolution was additionally resolved by the Management Board and approved
by the Supervisory Board:

The shares will be offered to the Company's shareholders for subscription
from 8 February 2008 to 22 February 2008. The subscription price is EUR
1.50 per share. The new shares are entitled to participate in profits as of
1 January 2007.

Any unsubscribed new shares will be offered to the public for subscription
by way of an auction from 26 February 2008 to 11 March 2008, 2:00 p.m. CET.
The minimum price per no-par share shall be EUR 1.50. It may be increased
in five cent increments only. Subscription offers may therefore be
submitted at a price of EUR 1.50, EUR 1.55, EUR 1.60 etc. per share. The
minimum subscription volume is 300 shares.

The date given above on which the subscription period for the Company's
shareholders and the date on which the public offer commence are subject to
the condition precedent that the Federal Financial Supervisory Authority
(BaFin) approves the Company's securities prospectus by the end of January
2008.

The subscription shall become non-binding if the execution of the capital
increase is not entered in the Company's commercial register by 30 June
2008.

Your Family Entertainment Aktiengesellschaft intends to use the net IPO
proceeds for the sustainable advancement of its operating business. In this
context, investments will focus on new programmes, dubbings and the
Company's own pay tv station, 'yourfamily'.

Munich, 16 January 2008

The information contained in this announcement may not be published or
distributed in the United States of America, Canada, Australia or Japan.
This document does not constitute an offer to sell securities or the
solicitation of an offer to buy securities in these countries or any other
country. This announcement is neither a sales prospectus as defined by the
German Securities Prospectus Act, the EU Commission Regulation No. 809/2004
of 29 April 2004 or any other laws and regulations applicable in Germany
governing the issue, offering and sale of securities.

Your Family Entertainment Aktiengesellschaft
Investor Relations
Michael Huber
Nordendstraße 64
D-80801 Munich
Tel.: +49 (0)89 / 99 72 71-11
Fax: +49 (0)89 / 99 72 71-91
Mail: ir@yfe-ag.de
www.yf-e.com


DGAP 16.01.2008 
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Language:     English
Issuer:       Your Family Entertainment AG
              Nordendstr. 64
              80801 München
              Deutschland
Phone:        +49 (0)89 997 271-11
Fax:          +49 (0)89 997 271-91
E-mail:       ir@yfe-ag.de
Internet:     www.yfe-ag.de
ISIN:         DE0005408918WKN:          540891
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart, Hamburg, Düsseldorf
End of News                                     DGAP News-Service
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