Axel Springer AG / Share Buyback 11.06.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The management board of Axel Springer AG resolved today to make an offer to the shareholders of the company to buy-back up to 918,000 shares of the company in the form of a share repurchase offer against a payment of a cash consideration in the amount of Euro 80.00 per share which is equivalent to a premium of 17.66 % on the average of the closing prices on the last three exchange trading days. The tender offer period will presumably start end of June 2008. Due to its low indebtedness, the company uses the currently low stock market price to offer the shareholders a buy-back significantly above the current stock market price. The offer will be published in the electronic gazette and on the internet under http://www.axelspringer.de. Berlin, June 11, 2008 Axel Springer AG Axel-Springer-Straße 65 10888 Berlin Germany Investor Relations contact: Claudia Thomé +49 (0)30 2591-77421 claudia.thome@axelspringer.de DGAP 11.06.2008 --------------------------------------------------------------------------- Language: English Issuer: Axel Springer AG Axel-Springer-Straße 65 10888 Berlin Deutschland Phone: +49 (0)30 2591-77421 Fax: +49 (0)30 2591-77422 E-mail: ir@axelspringer.de Internet: www.axelspringer.de ISIN: DE0005501357, DE0005754238 WKN: 550135, 575423 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Axel Springer AG: Offer to buy-back up to 918,000 shares
| Source: EQS Group AG