DGAP-Adhoc: 313music JWP AG brings claims to damages to bear


313music JWP AG / Legal Matter

07.04.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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313music JWP AG brings claims to damages to bear
EUR 1.9 million claims against former Board members Jack White and Frank
Nußbaum

Munich, April 7, 2008 – The Supervisory Board of 313music JWP AG has, after
conclusion of the special audits conducted by the auditors and legal
experts on the Company’s annual financial statements for 2004 and 2005
demanded in a written communication sent to former CEO Jack White and
former CFO Frank Nußbaum that they compensate the Company for the damages
that arose, which are preliminarily put at EUR 1.9 million.

This figure is exclusively made up of audit and consultancy costs as well
as loans impermissibly granted. The figure does not include the damages,
which presumably arose in the United States and are being specified in the
ongoing examinations being carried out there.

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Information and Explaination of the Issuer to this News:

313music JWP AG:
313music JWP AG produces and publishes music recordings by various artists,
and also acquires and exploits master recordings by other producers.
313music JWP AG is listed in the Prime Standard segment on the Frankfurt
Stock Exchange.


For further information, please contact:
Thomas M. Stein, CEO, phone: +49 89 9509490, fax: +49 89 95094920,
contact@313jwp.de
www.313jwp.de


DGAP 07.04.2008 
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Language:     English
Issuer:       313music JWP AG
              Münchner Straße 135
              85774 Unterföhring
              Deutschland
Phone:        +49-(0)89 95 0 949 0
Fax:          +49-(0)89 95 0 949 2214
E-mail:       contact@313jwp.de
Internet:     www.313jwp.de
ISIN:         DE0005087506
WKN:          508750
Indices:      GEX, Prime All Share , Prime Media Performance-Index , Prime
              IG Movies & Entertainment
End of News                                     DGAP News-Service
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